{"id":181878,"date":"2023-09-27T07:39:12","date_gmt":"2023-09-27T07:39:12","guid":{"rendered":"https:\/\/precoinnews.com\/?p=181878"},"modified":"2023-09-27T07:39:12","modified_gmt":"2023-09-27T07:39:12","slug":"bitcoiner-who-tried-to-trade-his-way-to-alaska-shares-his-humbling-experience","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/bitcoiner-who-tried-to-trade-his-way-to-alaska-shares-his-humbling-experience\/","title":{"rendered":"Bitcoiner who tried to trade his way to Alaska shares his \u2018humbling\u2019 experience"},"content":{"rendered":"

A Bitcoin (BTC) proponent\u2019s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter end \u2014 some 900 miles from his final destination.<\/p>\n

Thomas Kralow, a crypto trader and educator, recently set himself the daring task of traveling from one side of the United States to the other, funded solely by trading crypto.<\/p>\n

On Aug. 12, Kralow set out from New York with his assistant Ilya and an initial budget of $5,000 cash.<\/p>\n

The pair forked out some cash for a dinged-up Mercedes and set up a Starlink antenna on the back of the vehicle \u2014 with fast internet being a requirement for quick trades \u2014 leaving them with just $2,500 to trade their way to Alaska.<\/p>\n

Unfortunately for Kralow, he never made it to his final destination \u2014 with his oil-starved vehicle grinding to a permanent halt in Seattle, just 12 days after starting the journey.<\/p>\n

Speaking to Cointelegraph, Kralow shared some details of the trip that didn\u2019t make it into the six-episode YouTube series where he documented the daily happenings of the crypto-fueled voyage.<\/p>\n

https:\/\/www.youtube.com\/embed\/48OnoyJoRis<\/p>\n

Kralow said that despite the trip being riddled with \u201cinsanely scary\u201d lightning storms, wildfires, car troubles, theft and navigating a constantly changing landscape in a foreign country on a razor-thin budget, the biggest challenge of the entire journey was actually the trading itself.<\/p>\n

\u201cWe had, like, $2,500 our initial trading deposit, and we had approximately $300 per day in expenses, which means every day, we had to earn, like, 12% to 14%,\u201d he said.<\/p>\n

\u201cAnyone who is into the world of finance would think it\u2019s just suicide, which it kind of was. I was very open from the start, and I just said, \u2018Listen, if I blow the account, its just going to be done.\u2019\u201d<\/p><\/blockquote>\n

Despite the odds being firmly stacked against him, Kralow explained that it didn\u2019t matter all that much that it was a potential suicide mission. While he admitted that some of the motivation behind the journey was growing his social media following, he said that he only wanted viewers to take away two things:<\/p>\n

\u201cIt\u2019s all about happiness and Bitcoin.\u201d<\/p><\/blockquote>\n

\u201cIn these videos, I just wanted to show how important it is to lead a fulfilled and grateful life, as well as sharing knowledge about the most incredible industry and asset, which is Bitcoin and blockchain.\u201d<\/p>\n

<\/p>\n

Kralow, who routinely flaunts his wealth across his various social media channels, described the journey as a \u201ckind of humbling\u201d experience, saying that it helped take him back to his roots and reminded him of growing up in a home that was pretty far from wealthy.<\/p>\n

\u201cI just wanted to level with the world basically, go back to where I came from, and really just enjoy it again.\u201d<\/p><\/blockquote>\n

Notably, Kralow said that the most surprising part of the entire adventure was the level of crypto literacy present in completely unexpected parts of the United States. <\/p>\n

\u201cI met this welder in Louisiana, and we had such a great conversation about the southern part of the United States and Bitcoin. He was driving a truck and chewing tobacco and spitting on the ground, and it really shocked me how well-educated he was on Bitcoin.\u201d<\/p><\/blockquote>\n

Related: <\/em><\/strong>Bitcoin gains legal recognition as digital currency in Shanghai, China<\/em><\/strong><\/p>\n

This stood in stark contrast to Kralow\u2019s experience in more tech-savvy parts of the U.S., like Silicon Valley, where he said he expected more knowledge around the concept of Bitcoin and cryptocurrencies.<\/p>\n

\u201cAnd then we meet this other guy who presented as this stereotypically smart, well-dressed person in California, and he knew nothing about crypto or Bitcoin. We were talking about our trip, and he just asked us, \u2018Oh, what even is Bitcoin?\u2019\u201d <\/p><\/blockquote>\n

The next order of business for Kralow after wrapping up the trip was lodging a request with Guiness Book of World Records.<\/p>\n

\u201cA lot of people have driven from wherever to wherever, but I\u2019m pretty sure no one has ever driven more than 5,000 miles while surviving only on earnings from trading Bitcoin or crypto.\u201d<\/p><\/blockquote>\n

Magazine: <\/em><\/strong>How to protect your crypto in a volatile market \u2014 Bitcoin OGs and experts weigh in<\/em><\/strong><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A Bitcoin (BTC) proponent\u2019s recent attempt to<\/p>\n","protected":false},"author":3,"featured_media":181877,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nBitcoiner who tried to trade his way to Alaska shares his \u2018humbling\u2019 experience - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/bitcoiner-who-tried-to-trade-his-way-to-alaska-shares-his-humbling-experience\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoiner who tried to trade his way to Alaska shares his \u2018humbling\u2019 experience - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"A Bitcoin (BTC) proponent\u2019s recent attempt to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/bitcoiner-who-tried-to-trade-his-way-to-alaska-shares-his-humbling-experience\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-27T07:39:12+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2023\/09\/Bitcoiner-who-tried-to-trade-his-way-to-Alaska-shares-his-\u2018humbling-experience.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/bitcoiner-who-tried-to-trade-his-way-to-alaska-shares-his-humbling-experience\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/bitcoiner-who-tried-to-trade-his-way-to-alaska-shares-his-humbling-experience\/\",\"name\":\"Bitcoiner who tried to trade his way to Alaska shares his \u2018humbling\u2019 experience - 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