Better than Bitcoin and Forex:

The post is dedicated to anyone under the age of 35 that thinks you can become a millionaire by trading Forex and Crypto using 10x leverage. Millionaires aren’t made overnight but scammers are.

When speaking to my friends and family about my investment journey, one of the main questions that come up is ‘Why haven’t I invested in Bitcoin?’ The simple answer to the question is I don’t understand it, and I don’t think many people do as an investment. There are so many horror stores out there from people in there 20’s and 30’s investing life savings with an unknown broker based in Turkey. Suddenly the broker’s website goes down and life savings are lost.

The rise of Bitcoin and the quick riches that have come along with it have given a generation of young people hope it can be replicated and it will happen again. If you go on Instagram you won’t have to scroll for long before seeing some 20-year-old driving a Lambo wearing a Rolex claiming they made millions in 6 months and for $14 a month, they will share their trading secrets with you and you’ll be as rich as them. The scary thing is people fall for it. The fact is, young people, want fast cars just like the guy from Instagram.

If you do think you can get rich from 20 something-year-old Forex traders, check out these websites and videos through the images below – they may help you in your journey to financial freedom.

https://www.youtube.com/channel/UCN2s76BdPginWFNsHGmuH_g

https://www.fxlifestyle.com/

The reason I haven’t invested in Bitcoin or any type of Crypto is simply that I don’t understand it. In my experience, the basic principle of investing in the stock market is this: when there is good news, a companies share price increases and when there is bad news, a companies share price will decrease. In the Crypto world, I have found it hard to understand the catalyst as to why a share price would increase other than FOMO (and I won’t be risking life savings on FOMO).

A listed company is required by law to let the public know if a major event has happened, for example, a new CEO, a capital raise or drilling results. These are the catalyst for the share price to go up or down. The hardest part, is every day, deciphering if the announcements are something that will ‘make the company’ or are an announcement that doesn’t have any substance behind it and therefore will just push the share price along.

My investment strategy is simple (or it seems that way). I want to invest in a company once a discovery hole has been made and I will exit (hopefully) once the company is taken over or when the production timeline is announced. The hardest part is sorting through the announcements every day to work out what is a world-class discovery hole and what isn’t. Below are some graphs to show what happens when a world class discovery hole is found.

On the 26th of July 2012, Sirius resources announced the discovery of Nova, the discovery hole was 4 meters @ 3.8% nickel,  and 1.42% copper the price went from $0.05 to $2.70 over the next two months. In September 2015 Sirius was taken over by the Independence group for $4.38 per share.

Source Sirius Resources

On the 12 of June 2018, Adriatic Metals share price 0.18 then they released their discovery hole at Rupice. This shot the share price up to 0.58 in two weeks. Adriatic’s current share price is $0.90

Source Adriatic Metals

On the 20th of August 2018 Great Bear resources came out with the below discovery hole, the share price went from $0.60 to $2.24 over the next 3 weeks. Today the share price is $4.18.

Source Great Bear Resources

On the 30th of November 2015, Nexgen hit a discovery hole, the share price went from $0.63 to $2.73 in four months. The current share price is $2.06

Source NexGen

The final company I would like to talk about is Novo Resources. On July 12, 2017, the company announced the following statement with the below photo. The share price went from $0.95 to $5.45 in 1 month. Currently, the share price is $1.98.

Novo Discovers Gold Nuggets in First Bulk Sample From Purdy’s Reward, Karratha, Western Australia

Source Novo

The main point I am trying to make in relation to the above 5 companies is that high-grade discovery holes do come and there are plenty of opportunities to make 3 or 4x returns. They don’t happen every day. You have to be patient waiting for them but when they come, you have to be ready to jump on board because the train won’t wait for anyone!

I hope you enjoy my research, please share if you enjoy my content.

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