Hi there, Steemites!
My name is Jon Creasy. I live in Washington, DC with my wife Virginia and our cat Alley. I work full-time in nonprofit relief and development (humanitarian aid), but my real passion is in a weird but fun niche: Warren Buffett investment philosophy as it applies to cryptocurrency.
I started day-trading cryptocurrency back in 2014, and I quickly learned that gaming the market never works out in the long run. I lost money, and quit...but thankfully I didn't sell out of Decred, a currency I still love and hold. A year later, I found out that my holdings had increased by over 5,000%.
Now here I am in DC, studying Warren Buffett for fun, and I realize that very few people in the cryptocurrency world apply Buffett's principles to their investing. Just for fun, I began investing in different currencies by utilizing the techniques I learned. To date, I've invested around $1,700 total, and it's currently worth around $28,000. So something is working.
Stay tuned to my channel to see articles about this little unique niche of mine. I look forward to meeting more of you, and interacting as we learn together! If you have any topic about investing you'd like to know more about, please let me know.
Cheers!
Welcome to Steemit! You are going to love it here :)
Welcome to the platform, I wish everything work out for you. It’s not easy here but not difficult neither but just ask an extra effort, engagement is the key good luck I’m @goodaytraders Start by following people and they will do the same.
Your investment style is really great. envious.
Thanks! If you haven't already, check out the two articles I have up describing the process further. Appreciate the upvotes!
Yeah. I'll read your articles. It seems to be really meaningful.
Welcome to Steemit Jon. I hope you will enjoy it as much as I do! :-)
Thank you! I've been enjoying it a lot so far.
Welcome to Steem @joncreasy I have sent you a tip
I would like to know how do you go on about deciding on which coins will you invest long run!
Great question! Check out this article first, and if you have more questions let me know! Love chatting about this stuff:
https://steemit.com/cryptocurrency/@joncreasy/ask-these-4-questions-before-investing-in-any-cryptocurrency
Thanks much! Happy to be here - not sure why it took me this long!
Welcome aboard, Jon! Follow me at https://steemit.com/@bitgeek
Interesting. Investing in crypto seems quite the opposite of what Warren would do, since there is no "real" reason for any cryptocurrency to be worth anything. I mean, it isn't a business that owns any valuable assets that could be liquidated in the case of emergency or anything. I'll give you a follow :).
You know, that's what I initially thought too! Buffett has actually said many times he won't invest in tech, and thinks Bitcoin doesn't make any sense. However, don't care about that so much. What I care about is applying the way he invests to crypto.
I actually do think there are "real" reasons for cryptocurrencies to be worth something. Bitcoin is replacing gold for value storage. Storj and SiaCoin are replacing Dropbox, Drive, and OneDrive. SingularDTV is replacing Netflix. All for lower prices of their competitors.
I believe that good businesses, no matter what they offer, will always be rewarded by the market. Crypto is extremely new to the market, and we don't quite understand it. But good business and competent people will always be rewarded with value.
That's my opinion, at least. And I think Buffett agrees. ;)
Thanks for the follow!
I agree with you - good business will always be rewarded by the market. Well said.
Welcome to Steemit @joncreasy :)
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Welcome. Looking forward to your cryptocurrency posts ;)
Thanks! I really love writing about crypto, and this seems like the place to do it!
I guess it is. Following you just for that, expecting good stuff from you..
Thanks! Looking forward to discussing crypto more with you.
We will ;)
Pretty neat you're into classical music - I have a degree in trumpet performance myself.
Cool. I don't have a degree but got a good level on the cello. Playing more piano at the moment.. If I find time between work, family and all the blockchain/crypto stuff ;)
Welcome to steemit @joncreasy :)
I'm REALLY impressed with your investing success! I'm looking to start investing in cryptos once I start earning a salary so you've definitely earned my follow!
I'm new to steemit too and I'd LOVE it if you checked out my introduction post at https://steemit.com/introduceyourself/@blaisep/hello-steemit-my-name-is-blaise
Welcome on Steemit, best of luck with your investements.
Like your post. Wish you the best in this challenging environment. I write about several topics that call my attention, from travel, life to science and technology.
https://steemit.com/steemit/@indepthstory/i-was-almost-convinced-but-what-happened-what-on-earth-is-going-on
https://steemit.com/life/@indepthstory/rio-de-janeiro-is-one-of-those-items-that-must-be-placed-in-the-bucket-list-and-one-day-definitively-visit-we-did
https://steemit.com/life/@indepthstory/family-trip-adventures-but-ongoing-environmental-contamination-right-under-our-noses-so-powerful-even-governments-cannot-stop-it
https://steemit.com/life/@indepthstory/are-scientists-reaching-out-to-build-the-perfect-human-being-such-person-could-ever-exist
Here above are some of my posts; will appreciate it if you follow me at @indepthstory
Best of good luck in the STEEMIT environment.
@indepthstory