I wanted to have a passive income for a long time, however, being the sole household income provider with two small kid in the UK does not help. I planned to invest small amounts every month into non-obvious “products”  so I can build a decent portfolio. Before I have started buying crypto I have to check a few other opportunities.

Please remember I am not a financial adviser in any way. I am a software developer by training and trade so I have a little knowledge of financial terms and mechanisms.  Here I will describe what I think and what I am doing, this is not advice or suggestion. The content will be strongly opinionated (like I hate, or maybe just do not understand, the Financial Derivatives for example). I am aware that I can be wrong in my actions, but I am open to discussion and to learn new things so any comments are welcomed.

Some of my current and future investment, are/will be high risk. So please do not blindly copy my approach and always think by yourself.  In a case, you will decide to follow my strategies and do something similar please:

PLEASE REMEMBER TO ONLY INVEST MONEY YOU CAN LOSE AND ASSUME YOU WILL LOSE THEM SOONER OR LATER. NEVER TAKE ANY CREDIT OR LOAN TO BUY CRYPTO ( OR ANY OTHER HIGH-RISK INVESTMENT) AS THIS IS A STUPID IDEA.

In general, I am playing a long game. I hope that my investment will give me some passive income in the future, so I do not mind waiting for the desired profit. However, it does not mean that I would not try to buy cheap crypto and sell it for profit when I have the occasion. In general, I am trying to “buy low and sell high”. However, for the last month, I have been waiting for the crypto prices to go high enough to earn me at least 10% of the profit.

As I know that I might not know what I am doing and I am just getting lucky, please tell me where I made a mistake and how can I fix it in the future.