It all started with an investment of 300 euros. In February 2021, Antonio Pedro Magalhães, a 34-year-old radiological technician, decided to buy the XRP digital currency after talking with friends.
By that time, he had invested a large amount in stocks, thinking about future financial comfort. And when he took the boat of cryptocurrencies in the high wave of the market, he was surrendered to daily currency appreciation beyond what the stock market would allow. “The cost has tripled in two months. My initial 300 euros became worth 900 euros. Until everything collapses,” he recalls. He held onto the fall. “It’s never a good transition from over 90% to under 30% in a few days, but I’ve studied this market carefully and kept it.” Gained trust and invested more in Bitcoin (75%) and Ether (25%). Over the past year and a half, Antonio Pedro has converted several thousand euros that he had in savings into cryptocurrencies. Half of the savings are invested in stocks, the other half in cryptocurrencies. He wants to “make money with money” in the long run. “But if everything I’ve invested in disappears, my life won’t change.”
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