How i helped a friend earn 3x and invested in ETH

in #ethereum8 years ago (edited)

Rahul is a childhood friend who is very enthusiastic about new technologies and businesses.
He runs his fathers grocery shop in a small town called jabalpur here in India. He deposits a Rs. 1000 everyday to an account from his shop to save for newer business opportunities.

I met him after a year since i have moved to pune (metropolitan city in India) for better carrier opportunity in IT.
He was very ecstatic meeting me after a long time and as always we spent hours talking about childhood memories and new technologies like the vr/ar stuff. And then i told him about crypto currencies from the concept to ICOs and all details. He left for the day with a happy face and a note of couple of domains i mentioned.

2 days later, we meet again-
And not to my surprise as always he had completed his through research and was excited about investing his hard earned money into ETH (was at $92 then)
I warned him of the sudden ride from $50 to $92 and imagined it going down according to the fibonacci.
But he was restless and found his way. (Buy BTC from zebpay.com and use shapeshift to convert BTC to ETH)

10 hours latter his ether balance was 15 ETH at $114
What followed was enormous growth in ether with a few intervals all the way upto $350.

Meanwhile i was back to pune and he over phone could'nt thank me enough.
Me with dreams of 3x returns decided to put my money on ETH at $360 price point. Eyeing another breakout.
I bought all i can with my $1850 (5 ETH) the same way using zebpay and shapeshift.

As of today the 22 June 17 midnight in India, ETH is at $302 on the Poloniex exchange.

I am new to trading and cryptos in general. Never in my experience of 3 months seen a crypto go down.
I am nervous of loosing my 11 months of savings.

Would really appreciate any help/feedback any donations -
Bitcoin - 3FFZezK7hz3zC63JJG5EGGFicn85WVxPoa
Ethereum - 0xE43E08b6713EC331E1B1EAc0007bd90E1ED8277f

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Beautiful post

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