Elisa Spiess made a Bitcoin fortune after investing ten years ago. That’s why he thinks now is the ideal time to make money. We have prepared the shares of the young entrepreneur for the readers of Kriptokoin.com.
“I’m not a Bitcoin missionary”
Elisa Spiess started investing in Bitcoin (BTC) in 2012 when her roommate in Berlin introduced her to the cryptocurrency. Spiess realized that there weren’t many women in crypto at the time and took a leap of faith to invest her own money in Bitcoin.
The global crypto market has lost more than $1 trillion in value since November after a series of devastating crashes. Bitcoin slumped to a six-month low in January this year, while other cryptos are having a tough time due to the Russian invasion of Ukraine.
Elisa Spiess does not disclose how much money she makes, but states that she has ‘no financial constraints’. She launched her own company in mid-2019 to train women on how to invest in crypto. “I wouldn’t describe myself as a crypto missionary with an unpleasant connotation,” Elisa Spiess explains.
For me, crypto was and continues to be a game changer, so my goal is to help women get started in this industry.
“Crypto crashes are an opportunity”
Elisa Spiess says the recent crash of cryptocurrencies is nothing out of the ordinary. The young entrepreneur thinks now is a good time to buy and states:
The current crypto crashes should be seen as an opportunity and should be exploited if possible. Many investors who entered ignorantly now panic, check their portfolios daily, and eventually sell out of fear.
However, the stubborn trader states that institutional investors have now entered the market and appear to have achieved ‘a certain amount’ of stability. “These are long-term investments, not gambling,” said Elisa Spiess, emphasizing that anyone who says they know where cryptos are going right now is ‘unreliable’ according to him.
Advice is to invest in cryptocurrencies and tokens that have a meaningful use. Stating that investing in digital assets you don’t understand is ‘just gambling’, Elisa Spiess says, “You can go to the casino for that too.”