Entrepreneur Vikas Sharma Talks About His Journey As A Trader
Vikas Sharma
In a very short span of time, Vikas Sharma has carved a niche for himself as a young entrepreneur by putting together successful brands that have made a huge impact in the digital marketing space. Vikas is someone who likes to try out different things from time to time. This, he believes, helps in enhancing his skills. Apart from being a successful entrepreneur, he has achieved a good amount of success as a trader.
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Talking about the same, he says, “My understanding of the human psychology and time cycles helped me succeed as a trader. Actually, my journey as a trader started in an unplanned manner. I remember one fine day, in 2016, I was checking the price history of different currencies and was trying to understand how inflation makes our saved money value decrease with time. During this process, I stumbled upon the word ‘Bitcoin’ and that triggered my curiosity further.”
Bitcoin, one of the most discussed terms in the financial market space today, is a decentralized digital agency that is not regulated by any bank and is exchanged by different users on the bitcoin network that is based on a peer-to-peer structure. Vikas studied Bitcoin, as well as several other emerging forms of online transactional and financial methods over time, and that helped him propel his growth as a trader further.
Bitcoin, in particular, caught his attention. He realized how one coin is worth 60,000 rupees and its peer-to-peer money with limited supply. The idea of limited supply in online transactions got Vikas interested. He figured out that the online transaction space was expected to grow tremendously with time and he decided to be a part of it in a big way.
Elaborating on this, he says, “There were a limited amount of crypto projects then. I made a good amount of money in 2017 in crypto bull run but since I was regularly trading it, I had to suffer from some loss as well. After a point, I carried out extensive research on how market cycles work. To my surprise, I realized that big emotions and time play an important role in this market.”
Through his knowledge and expertise in this space, Vikas has helped many young, aspiring traders make good use of their money and benefit immensely by making smart investments in the market. Being a keen observer of the financial market and the ever-changing trends and shifts in this area has helped Vikas make further inroads as a trader.
“After three years of learning and studying the market closely, I predicted the ‘Covid crash’ which turned out to be true. I predicted how BTC will inch closer to 4k from 10-11k within just a few days. Since then, all my predictions have proved to be accurate and that has helped me make major gains as a trader. I realised if Bitcoin is going to go up in the near future, certain coins which are referred to as ‘alt coins’ will emerge as the biggest gainers. In 2021, my trading portfolio was 200x in just a year and that is how I made my first million $.”
Despite being a trader for a while and making a huge mark for himself in this space, Vikas still considers himself to be a learner as he knows he is a part of a setup that keeps taking new turns all the time.
The market teaches you something new almost every day. If you are a good learner, you will be a winner as a trader in the long run”, he says on a parting note.
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