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How I Gained Over 300% But Still Missed Out On $675,000 In Profits

The Subtle Art Of F*cking Up

Let’s take a quick break from cryptos and blockchain to focus on another moonshot I first discussed in 2020.

A few months ago, I sold all my shares in a deal that netted me a gain of over 300%. And while I’m happy with that, I violated one of my rules and missed an additional $675,000.

In short, I put $100,000 into a private deal. I desperately tried to put much more money into this deal (you’ll see why in a minute), but I couldn’t. The only allocation I could get my hands on was a maximum of $100k.

Private deals can be very lucrative and are true moonshots. But they’re risky. First, they’re pretty much illiquid. If you ever decide to invest in private deals, know your money is locked up until there’s some liquidity event.

Second, private deals often go to zero. If the company runs out of money, if they go bankrupt, if anything goes wrong, you lose it all.

Third, if your timing is off and the market enters a phase where IPOs (initial public offerings) are down and the company you invested in can’t go public, they may have to raise more money which means your investment will get diluted.

Despite these risks, I begged to put more money into this deal. I knew that $100k was going to multiply big time.

And I was right. Here’s what happened…

A Trend That Has Never Failed

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