Timelines in the investment journey

Year 2016-2018

After a series of days of participating in the market for more than 3 years from the end of 2016 to 2019, Mr. Hoang The Duc, Founder of the Tienthuattoan Capital team, has experiences and shares his blood as well as a message to those who have been participating in the markets. financial investment school:

Throughout the process from late 2016 to 2018: Mr. Hoang The Duc almost made money, lost money, failed, lost faith, but he still stood up from his two feet and rebuilt his career.

2016-2017 earned more than 1 million USD, then did not re-cash out, went directly to the financial market and reinvested in an area that he was quite confident about, the crypto mining segment in 2018.

2018 The market is basically still very rudimentary, the main trends are mining btc, eth, ltc, doge,... and ICO MLM coins and non-MLM coins

2018 Mr. Hoang The Duc and his group of friends opened more than 5 btc and eth mining farms in Binh Duong, Dong Nai, Saigon, Binh Phuoc and DakLak provinces to exploit "crypto" cryptocurrencies on the internet. then sell it in VND to make a profit.

The mining market in 2018 is extremely bad, the profit projections (the number of days it takes for the farm to return to shore and return the equipment to buy hardware are completely wrong because coin dump and pump prices are very difficult to predict). Especially the ASIC chips from China and other countries, the advantage of these models is that they are easy to operate, compact and light, initially it takes about 3 to 5 months to return to shore and then proceed to place an order from the manufacturer bitmain. ” When the machine returns, there is a delay. By the time the machine arrives at the farm, the mining diff has changed and the coin price is even more dumping, making the cycle of capital returning to shore now stretch to 12 to 15 months ==> the more you mine, the more you mine. Can't return to shore because the coin price has decreased cumulatively each month (for example, this month the farm mined 200k$ and hasn't sold it yet. Wait until next month the price is divided by 2 to 100k$, so the whole year of 2018 feels like the team is almost Some people have to find a solution to liquidate damaged hardware in order to survive.)

After many plans and problems to get the whole team back to shore, the solution is to disband the mining group, each brother holding his machine according to shares and then selling or continuing to mine depends on the member because working together is not profitable. profits, conflicts and conflicts of interest and many other things that arise.

2019:

Deep understanding of Bitcoin history:

To also strengthen faith. Once you have confidence, then firmly rely on btc to HODL to reach the target then sell

Full process in the attached article:

https://tienthuattoan.com/nhung-du-phong-va-chia-se-den-tu-anh-hoang-the-duc-founder-team/