This is how I lost so much on USTC when I bought it because of market hype
I bought USTC last year November when it was at $0.044 with the hope that it will rise to $1 very soon because I needed the money for something very important then so I calculated the amount I needed at invested the amount but it was a huge amount and making it 60% of the worth of my whole asset then
But now USTC is now down back to $0.19 and making me regret my decision because I’ve lost more than 70% of the whole money I invested which is a lot of money
But I’ve learnt my lesson not to follow the market hype when buying a coin, to do historical research on the coin, to learn about the current problems the coin is facing (like if it is facing any legal issues), and to learn about upcoming events that can affect the whole crypto market
If I had invested the same amount I invested in USTC in another coin like WIF which is now $3 pr some other good coins I would have gained a fortune and still be able to buy the same amount of coins I bought in USTC now
Now I have lost hope in USTC and I can’t even sell because I’m in great loss and stuck in it
I’ve been in regret for days now