A crypto phenom who dropped out of college and bought Bitcoin for $6,000 explains why he sold all cryptocurrencies except the leading altcoin
Meet the crypto world and opportunities
for Natalie Arabian, 2020′ The onset of the pandemic was also the gateway to the cryptocurrency markets and ultimately the path to becoming a full-time influencer in the field. As his concerns about the economy grew, he sought alternative investments outside of traditional financial markets. The crypto phenomenon bought Bitcoin at $6,700 and the leading altcoin Ethereum at $173.
As the pandemic closed the doors of his college campus and allowed him to complete his biology education online, he decided that this was no longer the way forward for him. “The amount of money I started making in crypto was unlike anything I could earn after college, and it got to the point where the opportunity cost of getting an education and being in school was too great to ignore,” Arabian said in an interview.
Arabian dropped out of college in the summer of 2020 and has since gained nearly 60,000 followers on Twitter and TikTok, where he posts crypto and Web3 investment advice. Despite being described as an influencer, she sees herself primarily as an investor.
Disposes of other crypto assets except altcoin
Arabian states that although it caught Bitcoin at a low price, the leading cryptocurrency no longer fits into its investment approach . Phenomenon says that as he learned more about Ethereum technology and ecosystem, he started closing positions in all tokens except Ethereum, explaining the reason as follows:
As we learned more about Ethereum’s smart contract capabilities, eventually Bitcoin’s I stopped investing in e and focused only on Ethereum. I was very lucky early on to invest in other tokens. But I’m a big proponent of sticking with Ethereum alone as most people are burned in other tokens.
Smart contract technology Ethereum offers are unmatched in his opinion. Arabian is encouraged by the fact that the token is on its way to becoming a deflationary asset, thanks to the removal of a certain amount of the tokens that we have covered in the news of Kriptokoin.com. The phenomenon adds that Ethereum is a strong bet for investors because it operates as part of one of the most established blockchains in existence.
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