Despite seeing my first investment in Bitcoin drop 90%, I was convinced that building the best and most secure wallet on the planet was my life’s calling. That’s how Klever was born.
For many years I studied economics and could not understand the failed global financial system. A bankrupt system where you are already born into debt, a system where your money is worth less and less until it’s worthless, and you don’t understand why and how to react.
When I met Bitcoin in 2012, I didn’t dare to invest. I lost numerous opportunities and got repeatedly frustrated for it.
Four years later, in mid-2017, there I was facing Bitcoin again. This time I was sure it would be different.
I sold my car, saved some money, and invested R$150,000 (Brazilian Real, BRL). That very same day I not only lost my car but also R$50,000 with the crypto trade. It made me reflect on everything for a long time. I didn’t know what to do because my R$150,000 turned into almost R$15,000 in three months, and they were my only savings.
“I saw 90% of my capital evaporate ????”
Losing that money made me spend several nights thinking about my issues and the problems facing cryptocurrencies. Meanwhile, many crypto exchanges continued to suffer from serious security flaws and experience large capital losses from their clients.
“Leaving your hard-earned capital on an exchange has never been a good idea.”
I knew that the future of the financial system would be more open and accessible, since open banking was already being widely discussed. The rapid growth in the use of p2p technologies was only accelerating, and this made me reflect on a possible solution.
That’s where Klever was born. The problem was that the technology to create the wallet we needed didn’t exist yet, so we had to create everything from scratch and that’s when the fun started.
What began as a sea of endless troubles have become one of the biggest and most exciting challenges of my life. Create the best and safest crypto wallet on the planet, a wallet that would meet our needs and that I could personally trust.
Klever has grown fast and in just 3 years, close to 2 millions users worldwide have downloaded our app, and more than 69,000 Bitcoins (BTC) are stored securely in Klever Wallet. I can confidently say that the best use of Bitcoin at the moment is long-term value storage.
Moreover, Klever as a company has grown to manage over 22 million USD in capital management, a large portion of which is grown through quantitative trading and market making.
When someone asks me about investing in Bitcoin safely I always answer with the same tip:
“Buy some bitcoin every month, no matter the price.”
You don’t need to buy 1 whole bitcoin. Start with R$100 (20 USD). Start with a sum that you won’t miss, and make a plan for 4 years. For small and large investors, long-term thinking has always been the best strategy.
“There is no shortcut to success.”
Financial education should be prioritized and if you want to know more about Bitcoin, here’s a tip for one of the best books ever written on the subject. Read Bitcoin Standard by Dr. Saifedean Ammous.
Co-Founder & CEO Klever.io