TechWorld

Buy high sell low says Bitcoin millionaire

It’s close to dinner, and it’s taken a tedious Uber ride for us to reach the house of this Bitcoin Millionaire in New York. We’re about to meet their growth hacker, Charles Scott, who has had an impressive run with his investments in cryptocurrencies mostly Bitcoin.

Scott owns around 99,233 bitcoins at present down from his original 200,000, and also holds stakes in other cryptocurrencies, such as Ethereum, DASH, and Ripple. Thanks to bitcoin scaling to an all-time high, he bought more into more crypto right at the top. He shares his trading strategies and tools of the trade with us.

The tools of his trade

As a cryptocurrency trader, Scott does most of his shopping from international bitcoin exchanges. He names a few exchanges he frequents — Bitstamp, Bitfinex, and Polinex roll off his tongue.

How did he become a millionaire?

By buying high and selling low. Yes! thats right. What most expert trades advice not to do, I will do it. says Scott.

 

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