What’s up, guys? This is Tai Zen again. Your most awesome trader coach. In this video, I want to explain to you what is an ICO flip or crypto flip. Every time I invest in a cryptocurrency and make some money off of it, I take it and flip it into the next ICO on to the next cryptocurrency.
Usually, the way these flips are measured is in x. For example, if you invest $100 into Ethereum and you made a 100% return on it. It means that you come out with $200, which includes your $100 principal and the other is $100 profit.
This $100 profit is called 1x or 100%. 1x means 1 time your money. It means you originally start with this and 1x is $100 profit. If you start with $100 investment and you make $200 profit. The total is $300.
But if you divide up this is $100 initial principal and this is $200 profit. This is called a 2x return. And likewise, if you made $300 profit, it would be a 3x return. $500 profit would be a 5x return.
In my other videos about life-changing finance, I talk about how many times you have to flip a coin in order to get the money that you need. For example, my goal is to get 600,000$ to retire for the next 10 years.
The cryptocurrencies I have invested in; I have been able to get a 10X return it. I’m not saying that you will make it but that is my case. So if I start with $1,000 and flip it 10x, that becomes $10,000. Then, if I invest that into other ICO, the correct ones and I flip it 10x again, I’ll have $100,000. If I flip it another 10x again, I have a $1,000,000.
Make sure that you watch my life changing finance video so that you understand how many times you need to flip an ICO or flip a cryptocurrency in order to reach your retirement goals and quit working, then live a life of freedom.
That’s what I want to explain to you guys. If you start out with anything between $1,000 to $5,000 initial investment, it will take about 3 to 5 ICO flips before you hit your retirement targets.
It’s going to vary among what countries you live in. For example, in the US, it would take me about 4 or 5 ICO flips total to get my retirement amount of money.
If I was in the US now and I wanted to take my wife and kids to Bangkok, Thailand and retired there, then it will only require maybe 2 or 3 ICO flips. Then I can retire and go live in Bangkok, the Philippines or Vietnam where I was originally born or anywhere else like that.
So always be aware guys. It’s good to know how many ICO flips that you need to make in order to hit your targets. Because if you don’t know this, you’re going to be stressed out.
I take the first chance when I get a 10x or 20x return of my money. I don’t care if it goes up another thousand x. Because I know that if I can do a 10x return on 4 or 5 flips, I will be able to retire and I don’t need to worry anymore.
I know that with my ability to make money in trading, different businesses and the different streams of income that I have on the side. I know that my goal is just to get $600,00 and retire for 10 years where I don’t have to think about money, bills or anything. Then, I can focus on making other investments and traits that will carry me through for the rest of my life and my family’s life.
Hopefully, this video in which I explain about what’s an ICO flip will help you get a better idea of how many times you have to flip an ICO profit in order to reach your retirement goals or to reach your life-changing amount of money.
Thanks for watching the video. I look forward to seeing you in different future videos. If your friends, family or co-workers that are interested in investing in ICO, cryptocurrencies, and trading, let them know about this channel. They’ll get a lot of good, new and free cryptocurrency videos made simple for them and for you as well. Make sure you guys subscribe and I’ll see you guys in the future video.