Hello people. I am in a bit of a pickle here and hope that some of you here can give me some simple investment advice.
First, my parents gave me $90,000 to purchase some inventory for my dropshipping operation. But, instead, I spent the whole thing on bitcoin. Made maybe 20% profit, and thats when things started to get a little "freaky" if you will.
As soon as I had 240 BTC in my possession I felt invincible, for some reason I thought that I could just go and buy any altcoin I wanted and make all the money that I desired.
My parents have been thinking that my dropshipping business is booming because I have bought a hundred empty boxes, filled them with bricks and sellotaped them. Every morning I make a fake trip to the post office so that they think that I am still on track like I am supposed to be.
Anyway.. I worked my 240 btc up to 300 btc by what I think was a fluke. I invested in some currency that we all know, but then the price began to drop. AND I KEPT BUYING
I sat there in my chair every day looking at the price fall, and like a fool I continued to buy. Now all I have is 30 btc which is merely 10% of the money my parents gave me.
I cant even use this money to buy and flip the latest mercedes sedan to make maybe $2k with each flip. So now, I'm stuck. The garage has 50 boxes with bricks inside them, and everyday my dad goes in there I feel like my secret will be uncovered and that will be IT for me.
I am supposed to return this 90K before July, so I am coming here for help and advice.
I want to know how can I turn 30 BTC into 300 BTC by ONLY doing these things:
1) Investing in crypto currencies
2) Not having to trade
3) Not having to spend too much time monitoring my investment (I have to pretend that my dropshipping business is still booming, so can't be in the house all day)
4) Not being a victim of pump and dump
Just throw out your ideas here and I'll see what sticks.
Guys, I am in urgent need of help here. If I don't give my parents their money back, they'll never give me money again and I'll have to get a job or something to fund my businesses. Which is impossible for me since I get panic attacks etc.
If I had just done the right thing, I would have doubled the 90K and be smiling right now. But instead, I played bitcoin roulette and fucked everything up
I will appreciate all of your contributions
thank you