“Many of my friends at the time thought I was crazy to invest in something that had no inherent value and would, for sure, be banned by the government”, says Marc De Mesel, cryptocurrency investor, who has recently invested 300 BTC and 10 Million NXT in the new startup, Cell 411. CoinTelegraph spoke to Marc De Mesel to learn more about the deal and collect tips on how to make a successful investment in crypto as well as how to invest crypto in a startup.
Bitcoin has performed with varying degrees of success as an investment, multiplying its value over tenfold in late 2013, going down to 20% of that value in 2014, and slowly rising to double that value over the course of 2015. This has provided the opportunity for investors to make significant ROI over very short periods of time, while not being without risk. More recently, Ethereum experienced its own price and market cap spike , much to the benefit of early investors.
Marc De Mesel admits: “Up until now I have never invested in a startup. I did invest in new cryptocurrencies, that I’ve come to realize, were very much startups too, like NXTCT r: 73 and Clam, but this is my first real VC investment.” Overcome your false beliefs about society and investing
On his own showing, Marc De Mesel used to be a very risk averse investor and preferred to invest in index funds and some gold . However, once he realized that real inflation was more around 6% per year than the government’s published numbers of 2%, he had to admit that he didn’t make any real money. That was why he started to take more risks, first by investing in gold mining stocks and in 2012 also into BitcoinCT r: 8 .
Marc […]
