What I Learned from Buying $1 Worth of Crypto Every Night for 30 Days (Part 1)
For the last 30 days, I’ve been buying $1 worth of cryptocurrency every night at 9 PM. I didn’t expect to get rich, but I wanted to see what would happen if I followed a simple routine of buying one different coin each night. By the end of the month, I had bought 30 different cryptocurrencies. Here’s what I learned from this experiment. The Plan: $1 a Night, 30 Different Cryptos The idea was simple: every night, I would spend $1 on a different cryptocurrency. I thought that by buying many coins, I would reduce risk and protect myself from big losses. This would also give me a chance to learn more about the world of crypto investing without spending too much money. But things didn’t go exactly as planned. Crypto Prices Move Up and Down Quickly One of the first things I noticed was how fast crypto prices change. Some nights, the coin I bought would go up by 10% or more overnight. Other nights, it would drop by 10% or more. The price swings were huge, and I often found myself checking my portfolio more than I expected. Even though I was buying a variety of coins, my portfolio was still very volatile. In fact, the market seemed to move in big waves. When one coin dropped in price, others followed. I realized that crypto is much more unpredictable than I thought. Diversification Doesn’t Always Protect You I believed that by buying 30 different cryptocurrencies, I was spreading my risk and protecting myself from big losses. But that wasn’t always the case. Sometimes, when the market as a whole dropped, almost all the coins in my portfolio went down. Even though each coin had its own story, they all seemed to react the same way when the market turned negative. At times, a few coins did well, but they weren’t enough to make up for the bigger losses. So, while diversification can help, it didn’t shield me from the ups and downs of the crypto world. Timing Matters More Than You Think Buying $1 worth of crypto at the same time every night was simple, but it didn’t always work out. The price of cryptocurrencies can change quickly, and sometimes I bought at the wrong moment. If I had paid attention to market trends or used a smarter buying strategy, I could have made better decisions about when to invest. Timing in crypto is very important. Some days I’d get lucky and catch a coin at a good price, while other days I’d see my coins lose value almost immediately. Learning About the Coins One surprising benefit of this experiment was learning more about the different cryptocurrencies. Every night, I would spend some time reading about the coins I was buying. I learned about their goals, who was behind them, and what problems they were trying to solve. While some coins seemed promising, others felt more like a gamble. This research gave me a deeper understanding of the crypto space and helped me think about what I might want to invest in long-term. The Stress of Watching Prices Change I didn’t expect how stressful it would be to watch my portfolio change every day. Some nights, I would feel excited when a coin went up in value. Other nights, I would feel frustrated when a coin dropped. It made me realize how easy it is to get caught up in the emotions of crypto investing. The key takeaway? It's important to stay calm and not make decisions based on short-term changes. The price of crypto can move in wild swings, and it’s easy to feel overwhelmed if you’re not careful. What’s Next? After 30 days, I’ve learned a lot about how crypto markets work. In Part 2 of this series, I’ll go into more detail about the specific coins I bought and share how my portfolio has performed. For now, it’s clear that the crypto world is far more unpredictable than I thought. Diversification doesn’t always protect you, and timing your buys can make a big difference. FOLLOW for Part 2, where I’ll go deeper into the results and share my thoughts on the next steps for my crypto investments.
➡️Cryptocurrency has had a significant impact on society in various aspects:⬅️
👉🏼Decentralization and autonomy: Cryptocurrency has allowed people to have control over their own finances, without the need for intermediaries like banks or governments. 👉🏼 Financial inclusion: Cryptocurrency has provided access to financial services for people who did not have access to them before, especially in developing countries. 👉🏼 Innovation and entrepreneurship: Cryptocurrency has driven innovation and entrepreneurship in the financial industry, with the creation of new companies and business models.
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What I Learned from Buying $1 Worth of Crypto Every Night for 30 Days (Part 1)
For the last 30 days, I’ve been buying $1 worth of cryptocurrency every night at 9 PM. I didn’t expect to get rich, but I wanted to see what would happen if I followed a simple routine of buying one different coin each night. By the end of the month, I had bought 30 different cryptocurrencies. Here’s what I learned from this experiment. The Plan: $1 a Night, 30 Different Cryptos The idea was simple: every night, I would spend $1 on a different cryptocurrency. I thought that by buying many coins, I would reduce risk and protect myself from big losses. This would also give me a chance to learn more about the world of crypto investing without spending too much money. But things didn’t go exactly as planned. Crypto Prices Move Up and Down Quickly One of the first things I noticed was how fast crypto prices change. Some nights, the coin I bought would go up by 10% or more overnight. Other nights, it would drop by 10% or more. The price swings were huge, and I often found myself checking my portfolio more than I expected. Even though I was buying a variety of coins, my portfolio was still very volatile. In fact, the market seemed to move in big waves. When one coin dropped in price, others followed. I realized that crypto is much more unpredictable than I thought. Diversification Doesn’t Always Protect You I believed that by buying 30 different cryptocurrencies, I was spreading my risk and protecting myself from big losses. But that wasn’t always the case. Sometimes, when the market as a whole dropped, almost all the coins in my portfolio went down. Even though each coin had its own story, they all seemed to react the same way when the market turned negative. At times, a few coins did well, but they weren’t enough to make up for the bigger losses. So, while diversification can help, it didn’t shield me from the ups and downs of the crypto world. Timing Matters More Than You Think Buying $1 worth of crypto at the same time every night was simple, but it didn’t always work out. The price of cryptocurrencies can change quickly, and sometimes I bought at the wrong moment. If I had paid attention to market trends or used a smarter buying strategy, I could have made better decisions about when to invest. Timing in crypto is very important. Some days I’d get lucky and catch a coin at a good price, while other days I’d see my coins lose value almost immediately. Learning About the Coins One surprising benefit of this experiment was learning more about the different cryptocurrencies. Every night, I would spend some time reading about the coins I was buying. I learned about their goals, who was behind them, and what problems they were trying to solve. While some coins seemed promising, others felt more like a gamble. This research gave me a deeper understanding of the crypto space and helped me think about what I might want to invest in long-term. The Stress of Watching Prices Change I didn’t expect how stressful it would be to watch my portfolio change every day. Some nights, I would feel excited when a coin went up in value. Other nights, I would feel frustrated when a coin dropped. It made me realize how easy it is to get caught up in the emotions of crypto investing. The key takeaway? It's important to stay calm and not make decisions based on short-term changes. The price of crypto can move in wild swings, and it’s easy to feel overwhelmed if you’re not careful. What’s Next? After 30 days, I’ve learned a lot about how crypto markets work. In Part 2 of this series, I’ll go into more detail about the specific coins I bought and share how my portfolio has performed. For now, it’s clear that the crypto world is far more unpredictable than I thought. Diversification doesn’t always protect you, and timing your buys can make a big difference. FOLLOW for Part 2, where I’ll go deeper into the results and share my thoughts on the next steps for my crypto investments.
In the exciting world of cryptocurrency trading, many people believe that a large amount of capital is needed to start. However, you will be surprised to know that you can begin your journey with just 10 USDT! In this article, we will explore why this amount is the perfect starting point to dive into the universe of cryptocurrencies and how you can maximize your experience. Why 10 USDT? 1. Accessibility With just 10 USDT, anyone can take their first steps into trading. It doesn't matter if you are a student, a busy professional, or just someone curious about exploring the world of cryptocurrencies; this amount is accessible to almost everyone.
Here are the safe, possible and unlikely XRP price targets for this cycle
Date:
December 26, 2024😱👇👇
Altcoin Moe, a prominent cryptocurrency trader, breaks down XRP price targets into groups of safe, possible, and unlikely targets.
The disclosure comes amid uncertainty in the broader cryptocurrency market, which has impacted altcoins like XRP. The uncertainty is the result of a massive Bitcoin (BTC)-led rout following hawkish comments from Federal Reserve Chairman Jerome Powell.
HOLD OR CLOSE? You need to stop asking this 🛑 Every day I get the same panicked question: hold or close? When I look at their trades, it’s often the same story — 800% down on 10x leverage, liquidation looming. And I think: now do you make a decision? Trading shouldn’t feel like defusing a bomb. It should be stress-free, knowing that if the trade goes down, it’s just a small scratch, not a crater. You move on to the next trade, confident that over time, your edge will win out. Statistically, if your strategy works, you will come out ahead. But here’s the rub: your brain is not wired for statistical thinking. It’s wired to panic, to chase, to freeze. So how do you reprogram that mindset? Here are a few things to help you stop stressing about whether to hold or close? $BTC
$ROSE is slowly rising, staying at $0.071, with a target of $0.17. Rising trading volume, paired with Bitcoin's dominance, is driving $ROSE higher. As the AI sector expands, this asset is ideally positioned for development. Don't pass up the opportunity to invest.
#CHRISTMAS MIRACLE, BTTC REACH $0.0005 DOLLARS BEFORE THE END OF THE YEAR.
#XmasCryptoMiracles in this time, when we were little, we always asked for a Christmas miracle, the Christmas gifts or later those from the Three Wise Men. Currently, we also hope for a miracle. What miracle do you ask of the cryptocurrency market? Mine is that the crypto $BTTC reaches the price of $0.0005 dollars before the end of the year, so I can help many families in great need and give them the opportunity for a decent year-end dinner. I decree that it be so, and I will do my part to the best of my abilities ♥️.
#CHRISTMAS MIRACLE, BTTC REACH $0.0005 DOLLARS BEFORE THE END OF THE YEAR.
#XmasCryptoMiracles in this time, when we were little, we always asked for a Christmas miracle, the Christmas gifts or later those from the Three Wise Men. Currently, we also hope for a miracle. What miracle do you ask of the cryptocurrency market? Mine is that the crypto $BTTC reaches the price of $0.0005 dollars before the end of the year, so I can help many families in great need and give them the opportunity for a decent year-end dinner. I decree that it be so, and I will do my part to the best of my abilities ♥️.
#CHRISTMAS MIRACLE, BTTC REACH $0.0005 DOLLARS BEFORE THE END OF THE YEAR.
#XmasCryptoMiracles in this time, when we were little, we always asked for a Christmas miracle, the Christmas gifts or later those from the Three Wise Men. Currently, we also hope for a miracle. What miracle do you ask of the cryptocurrency market? Mine is that the crypto $BTTC reaches the price of $0.0005 dollars before the end of the year, so I can help many families in great need and give them the opportunity for a decent year-end dinner. I decree that it be so, and I will do my part to the best of my abilities ♥️.
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