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I became a Bitcoin millionaire at 34 after retiring from the military

An ARMY veteran who became a Bitcoin millionaire at the age of 34 after retiring has set his sights on becoming a BILLIONAIRE in the next 5 years.

By educating himself on knowledge and experience in trading, Kwame Stover has earned himself 7 figures after early grasping the digital currency trend.

Kwame Stover, 34, became a millionaire after making savvy Bitcoin investments

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Kwame Stover, 34, became a millionaire after making savvy Bitcoin investmentsCredit: CryptoKwame / Instagram
The ex-soldier taught himself about the stock market before moving into the crypto space

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The ex-soldier taught himself about the stock market before moving into the crypto spaceCredit: CryptoKwame / Instagram

But the ex-soldier is not ready to call it a day – as he wants to educate young people about crypto while continuing to accumulate cash.

But anyone thinking of investing in Bitcoin or any other cryptocurrency should be very careful.

Their value is extremely unpredictable, with the potential to plummet rapidly as they go up.

As with all cryptocurrencies, this means that if you choose to invest, you could lose money if the value drops.

Kwame taught himself about the stock market before breaking into the world of Bitcoin after his 13-year military career ended.

The 34-year-old has invested his salary in cryptocurrencies, taking advantage of the crypto craze to build a portfolio worth over a million USD.

Most read in The Irish Sun

Now, Kwame wants to repay the favor after learning the financial basics that made him rich, by passing the knowledge on to others for investment success – for free.

Inspired by his ignorance of the crypto world and his own success, Kwame is now on a mission to “pay the price forward”.

“The wealth of generations begins with the knowledge of the generation,” says the millionaire from Fayetteville, North Carolina.

Understand the risk

Before putting any money in crypto, it is important to know the facts.

Cryptocurrencies are only regulated in the UK for anti-money laundering and anti-terrorist financing.

That means your money won’t be covered by the Financial Services Compensation Scheme (FSCS) which protects your savings of up to £85,000 if a company goes bust.

You also won’t be able to go to the Financial Ombudsman Service if something goes wrong.

Companies offering cryptocurrency must now be registered with the Financial Conduct Authority (FCA) and anyone investing in crypto must check before investing.

In October 2020, the FCA banned Britons from buying a type of “harmful” crypto-related investment in the UK known as exchange-traded notes.

Kwame, who has been dubbed “Crypto Kwame”, has created a children’s book to help ease young people into the world of digital currency.

In addition, he has created a series of online courses for amateur traders to familiarize themselves with.

Kwame also shares a live broadcast on social media each morning, showcasing his expertise in an effort to inspire the journeys of other crypto millionaires. Future.

“Teaching is great, but seeing real change and growth in someone else is really a great feeling,” he explains.

“You won’t understand this overnight and this is not a lottery. Cryptocurrencies can change your life and you can see big profits.

“However, without learning and honing your skills, you won’t be successful.”

He co-founded Capital Gains Investment Group with Morris Benton, Elise Benton and Erica Brown to provide ordinary people with practical methods of financial management.

The 34-year-old also offers his help and services to businesses trying to break through the crypto space with little information.

He regularly shares tips and tricks with his countless followers on social media, and occasionally shows off the spoils of his success – including Hart’s red Lamborghini and Corvette C8.

Kwame is determined to achieve billionaire status in the next five years, but plans to accomplish his goal in a rather extraordinary way.

He’d rather help others create a billion with his help than have it in his bank account, by guiding others’ passions for trading with his investment firm. he.

5 Risks When Investing in Cryptocurrencies

The Financial Conduct Authority (FCA) has warned people about the risks of investing in cryptocurrencies.

  • Consumer protection: Some crypto-based high-return promotional investments may not be subject to regulation beyond anti-money laundering requirements.
  • Price volatility: Significant price volatility in cryptocurrencies, combined with the inherent difficulties in valuing cryptocurrencies reliably, puts consumers at high risk of loss.
  • Product complexity: The complexity of some crypto-related products and services can make it difficult for consumers to understand the risk. There is no guarantee that cryptocurrency can be converted back to cash. Converting a cryptocurrency back into cash depends on the demand and supply available in the market.
  • Fees and charges: Consumers should consider the impact of fees and charges on their investment, which may be more than the impact of fees and charges on managed investment products.
  • Marketing materials: Companies can overstate product returns or minimize the risk involved.

Despite Kwame’s Bitcoin success, buying any cryptocurrency is extremely risky.

With any investment, there is a risk that the value of your money could go down as well as increase. That means you should only invest money that you can afford to lose.

Cryptocurrencies can be riskier than other investments because they are volatile and speculative – their prices often rise and fall very quickly, sometimes for seemingly no reason.

Many cryptocurrencies have a short track record, making them confusing and difficult to predict.

This type of investment is also not regulated by the regulator, which means you won’t be protected if things don’t go your way.

The UK regulator has warned that Britons risk losing ALL of their money if they invest in cryptocurrencies.

If you are considering investing in any cryptocurrency, do your research first and only invest the amount that you can bear.

Also be wary of scams, as the cryptocurrency market is often a target for scams.

Attention fake celebrity endorsement or social media profiles pushing certain coins.

The crypto king wants to inspire others to follow in his footsteps and create wealth for generations.

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The crypto king wants to inspire others to follow in his footsteps and create wealth for generations.Credit: CryptoKwame / Instagram
I dropped out of college and started Bitcoin mining when I was 17 – now I make £1m a month

https://www.thesun.ie/money/8169238/bitcoin-millionaire-retiring-army-billionaire-five-years/ I became a Bitcoin millionaire at 34 after retiring from the military

Fry Electronics Team

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