My sweet and bitter experience about bitcoin

#1
I started my cryptocurrency journey around July 2017. I bought some altcoins; verge; dodge, Xrp Siacoin on Bittrex and left some on bitcoin. It was a roller coaster for me around November to December 2017, particularly with verge, my crypo investment of just about $120 grew to a little bit over $3,000. I never new on time until I opened my bittrex. It was wao!

I took out some money since I was in need about $1000. With the euphoria of bitcoin suppasing $20,000, so I watched until my investment shrinked from about $2000 to $1500, then $1000, I decided to take out some little more until I had about $800 left.

That amount have shrinked further to about $450. The worst came when I took a third of the amount to buy Mithril coin when the news came that it won a vote to be listed on binance, and suddenly it was disqualified, and the price have falling like packs of cards, more than 50% right now.

Its a question of if I had known, I would have withdrawn the $3000 the moment I saw it on my bittrex account. Who can tell the future?

But I am wiser now.

Does anyone have similar experience
0 x

Re: My sweet and bitter experience about bitcoin

#2
Thanks dude for sharing your story! Please find a few of my thoughts below.

Even if BTC is in retreat, the change it has made in the market, in economics, finance and banking is simply impossible to evaluate. Thanks to it, blockchain technology has become a topic that has been developed by the largest technological companies. Cryptocurrencies began to be the subject of even legislation (not to mention mass consciousness, mass media and art). Thanks to the success of bitcoin, other cryptocurrencies are developing today.

However, I do not recommend investing too much in BTC. This is no longer a game for ordinary players. And these rumors about the price manipulation... It's better to invest in altcoins - in my opinion. Now CoinDeal.com introduces a lot of interesting new currencies on the stock exchanges (eg EOS https://coindeal.com/news/EOS-available ... e-surprise) I will do with them as before with FTO - I will buy, hold and sell in parts with a profit. What do you think about my strategy?
0 x
Post Reply

Return to “Bitcoin Discussion”

cron