Monfils, A French Tennis Star, Has Turned To Crypto Investing
A 31-year-old French Tennis star known as the slider man for the showmanship he has on the court, Gael Monfils. He has been known to take several chances when trying to win the Grand Slam matches, but when it comes to his personal finance it's a little different, an individual who was able to reach a career high of about No6 in 2016, says with his finances he is risk-averse. So what is his investment platform of choice?
It is actually eToro, which has been considered as the leading social network which has been specializing in crypto coins.
More To Know About Him
The Sunday Times magazine went ahead to describe him as the most exciting guy in the tennis world. And they are not the only ones as the former Britain No1 Andy Murray also reckons that the Frenchman is actually the best athlete you can find in the sport.
And when we look at his investment choices, he is also not bad in investing in the crypto market, and in 2017 is when he started trading actively on the eToro platform. When he heard about this award-winning platform form his brother in law, he was immediately drawn to the wide selection of crypto assets and also the innovative tools that they have in place, and from this, he got sponsored by the platform.
The platform also went ahead to create a video that introduces the incredible athlete and has been able to generate about four million views; this is since last year May.
More From Monfils
Monfils has also gone ahead and claimed that he was able to make a healthy profit just recently when he was selling his crypto coins on the eToro platform. It is important to note, over the years the platform has been able to pioneer the various innovative features that are being offered in the world of online investment and trading, this is including CopyFunds and also CopyTrader.
He further states that last year he was able to invest on various crypto coins such as Litecoin, Ethereum, XRP, and even bitcoin. From these coins, he sold out. But he has some left for his long term investment plan, which he will not be touching anytime soon. Ever since he started trading, he has found crypto coins to be very fascinating.
He firmly believes that the crypto market is futuristic, a very volatile market, undoubtedly novel and he finds the whole concept to be interesting on how and even why it was built. He has been able to make a reasonable profit over the months, but he believes if he was able to hold it a bit longer he could have been able to make much more, but for him, the sale was made at the right time.
He was able to make approximately 75% profit on his investment; indeed, this is a good profit earned. Monfils big payday came in 2016 when he was able to reach the last four in the US Open, and from this, he was rewarded $875,000.
With his positive profit growth on the eToro platform has led him to urge other investors to also get on the platform. And with the impressive track record he has had over the few months with crypto trading he is definitely a good value for the users who are looking to use the CopyTrader tool.