EXCLUSIVE: From Bitcoin To BitBoy: A Crypto Story With Ben Armstrong

BitBoy Crypto founder Ben Armstrong has discovered success within the crypto business, but it surely wasn’t a straight line to the highest, he mentioned Wednesday on the Benzinga Crypto Festival.

From Bitcoin To BitBoy: In 2011, he began a ticket promoting enterprise, however his commercials have been faraway from the web sites he was utilizing to promote tickets, Armstrong defined.

He discovered he might proceed promoting if he used Bitcoin (CRYPTO: BTC). This was his first introduction to cryptocurrency, he mentioned. 

He started utilizing Bitcoin as a foreign money, though he mentioned he skilled many challenges with the method. 

He spent about $10,000 on the cryptocurrency to pay for his promoting providers. Had he invested in Bitcoin as a type of digital gold against utilizing it as a foreign money, the $10,000 he had in Bitcoin could be value “properly above seven figures” immediately, Armstrong mentioned. 

“The rationale why I ought to have had a lot cash to start with however I did not was as a result of I did not perceive Bitcoin.”

In 2013, Bitcoin traded considerably larger, and Armstrong mentioned the cash he had sitting in his Bitcoin account for funds appreciated considerably.

He determined to promote for a revenue to pay payments and luxuriate in a household trip, Armstrong instructed Benzinga. 

In 2017, Bitcoin surged to almost $20,000 and he realized he missed out on a possibility to make unbelievable returns, he mentioned. That was when he determined to place all of his time and vitality into studying about crypto. 

“Despite the fact that it is 2017 and I really feel like I missed it, I really feel like I am late, I really feel like I had the very best alternative and I threw it away, I’ll go all in on crypto.”

BitBoy Crypto is about to achieve 5 million followers throughout its social media platforms this week. Armstrong was named the No. 1 Bitcoin influencer on YouTube. 

BitBoy’s Crypto Recommendation: In the case of people who find themselves new to the crypto house, Armstong’s No. 1 piece of recommendation is to find out about crypto and determine methods to become involved. 

“Getting concerned in crypto is probably the most profitable factor that you are able to do.”

At the moment, BitBoy Crypto’s mission is to empower folks to seek out monetary freedom by means of crypto belongings. He in contrast his mission to those that offered the sources to the gold miners through the gold rush. 

The important thing takeaway from this crypto story is that “I didn’t perceive what I used to be investing in,” Armstrong mentioned.

“If you will put money into crypto, you’ll want to on some stage perceive what you’re investing in. You aren’t investing into three or four-letter ticker symbols, you are investing principally into crypto enterprise capital tasks.”

Armstrong’s conclusion? 

“You’re at all times higher off as an informed investor.”

See the total interview right here:

BTC Worth Motion: Bitcoin is up 64.51% year-to-date.

Bitcoin was up 1.40% at $47,652 at time of publication.

Photograph by Gerd Altmann from Pixabay.