What Happened on December 31st 2023 To The Coin $TRB __ A True Story from Last Year's New Year Eve ... Beginners Will Surely Learn Some Lesson From the Story.
It was 31st December, 2023. People all around the world were busy with New Year Celebrations. While in the Crypto World everyone was busy with buying and selling of the coins.
There was an infrastructure coin TRB, I used to keep an eye on it since I joined crypto world on 2nd December. The coin caught my eyes because it was going up daily... I already had invested in other coins, so I couldn't invest in it. But I liked its movement constantly upwards, like daily a few steps up. I thought this coin will surely reach to 1000s and I have missed it ☹️.
Coming back to the new year eve... Trb started moving upwards with a good speed and people started noticing the coin in the gainers list... it moved up and up and up with a very few red candles and then up again...
Finally it reached $315 and made a HUGE Red candle which brought it down to $261... it seemed that the game of upward movement is over now... but wait!! What happened next was even more surprising 🤯 After sometime it started moving upwards again till it reached a new height of $491 😳 ... people started buying it crazily ...
$491 wasn't the stop. The coin kept moving, and the people kept buying. Till it reached $629 ... then it made a few small red candles but it had made those candles before so people thought that it will rise again and it might reach $1000 .... and then it made a HUGE RED CANDLE which pushed it down to $236 and wished the people HAPPY NEW YEAR ...
That Day/Night people lost a lot of money specially those who bought TRB at high price... Thankfully I wasn't one of them.
Today (at the time I am writing this story/article) TRB is trading somewhere between $78 and $79. It never reached $629 again till today.
Lessons Learnt:
1. Don't be greedy while investing in crypto. 2. Do not buy a coin at high price, what if it never goes up again and you lose everything. There are more lessons but no more space 😜
My $XRP Story Which Might Help the Crypto Beginners
Last year when I started trading, I heard a lot about XRP... the coin was around $0.6 at that time (as far as I guess)... There were a lot of positive articles and tweets, saying that XRP will go very high and will soon cross $1... The expert analysts on X (formerly twitter) had so many positive things to say... I also heard that it will reach $3 by March 2024... Anyway being a new trader and not knowing much I invested in XRP ... and guess what!! it dumped to 0.4 😳 I lost my money and as I was a new trader I sold at loss instead of waiting patiently.... it never reached $3 by March.
Last month when I saw that XRP was at 0.9 I bought it back... by this time I learnt a bit about crypto trading, through some expert analysts on binance square, I tried to figure out myself if I am investing on the right time or not, I didn't invested my whole money on xrp, but I started investing with a very little amount. I bought each dump and I really feel satisfied. Although these markets are unreliable it can go down it can go up... but smart work and understanding for crypto will save you...
I learned the following lessons from my xrp story:
1. Do not invest your whole money on a single coin. 2. Always invest a little amount and then wait and see where the coin is going. 3. Always be patient, if you have bought a coin never sell at loss. 4. Always keep an eye on all news, articles, and analysis but always use your own brain, because it's your money. 5. No matter how expert an analyst is, no one can predict the market 100% as crypto is a volatile market...
I hope you like my XRP story and learn some lesson from it, specially if you are new here...
I am sharing an article today, this is a trending topic today in crypto world. I hope it is helpful 😊
Here is the article which will tell you why xrp is rising This is not a financial advice. DYOR.
The Pizza That Could’ve Been a Fortune... A True Story of a Pizza Worth 10k $BTC
Let me tell you a true story that’s become legendary in the world of cryptocurrency. It's about a guy named Laszlo Hanyecz and the very first real-world purchase made with Bitcoin.
Back in 2010, Bitcoin was still pretty much an experiment. Hardly anyone knew what it was, and its value? Practically nothing. Laszlo, a programmer, was one of the early adopters who believed in the idea. He thought, “What’s the point of Bitcoin if you can’t use it to buy stuff?” So, he decided to put it to the test.
One day, Laszlo posted on a forum: “I’ll give 10,000 Bitcoins to anyone who can bring me two pizzas.”
Yep. He was offering 10,000 Bitcoins—just to satisfy his pizza craving! A British guy saw the post and made the trade. He ordered Laszlo two Papa John’s pizzas and got 10,000 Bitcoins in return. At the time, that amount of Bitcoin was worth about $40.
Fast forward to today. Do you know how much 10,000 Bitcoins are worth now? Brace yourself: over $1 billion! (Depending on the market price, of course.)
Crazy, right? Laszlo doesn’t regret it, though. He said it was never about the money. For him, it was about proving that Bitcoin could be used like real money. And that trade kickstarted a movement. Today, we even celebrate Bitcoin Pizza Day every May 22nd!
Here’s the takeaway: Back then, Bitcoin was just an idea.
Most people laughed at it or ignored it. But those who saw its potential, like Laszlo, believed in it long before it became a global phenomenon.
So, if you’re new to crypto, remember this: Every big thing starts small and often sounds crazy at first. The key is learning, staying curious, and being open to new ideas. Who knows? The small step you take today might just make history tomorrow.
Never underestimate your favourite coins.
Today almost all if us would like to give 10 free pizzas for 1 btc 😜... What do you think ?
The Story of How I Handled the First Dip in Crypto World... A Helpful Story for the Beginners
As I have told you before that as soon as I invested my money for the first time in crypto , the market went down 🤣🤣 it wasn't for hours or a few days but the whole 2 weeks 😳🤯
I thought that I had lost my money. Although I was reading everywhere that it's normal and be patient and that everything will make sense in a few days.
But those who are new in crypto trading must understand my feelings. I have also told you in my previous stories that I sold $xrp at lost because I thought that the game is over for the coin.
Today after a year I have realised that nine of those coins is at the same price. Last year I saw $sol at $45 , xrp at $0.4, $btc at $35 ... Do you see any of these coins at the same level today?
I hope you understand what lessons I learnt from my experience:
1. Don't ever be disappointed with dips or if the coins consolidate. 2. Be patient with every movement of the market, there will be the time your coin will make a move. 3. But the dips, sell the highs. 4. These coins won't be at these numbers next year on today's date, so make most out of it.
5. I hope you have got my point. And if, TODAY is your first day of your trade, invest a little amount in today's dip and wait for the market to make a move...
Always Consider Dips as an Opportunity to Add More Coins__ You Might Not See These Numbers Ever Again... Have you seen Bitcoin to Fall back to $10k?
If you have missed to buy any specific coin or want to add more coins to your already bought coin, this dip is the best opportunity ... Adding more coins during the dip, not only gives you an opportunity to buy the coins at cheaper rate, but this strategy also increases your profits.
Always add a little ratio from your funds to buy dips. Keep rest of the funds for any further dips.
Investing in a Single Coin vs Dividing Your Investment into Different Coins :
When I joined crypto I heard one thing from a lot of people "don't put your eggs in one basket" which means that do not invest all your money in one coin, rather invest in different coins.
Those who have more funds can surely invest in as many coins as they want.
But those whose funds are limited and have less money they should invest in a few coins with better past performance.
For example, a person with $500 and above can invest let's suppose in 5 different coins or more but the person with $50 or $10 can invest in hardly two to maximum 3 different coins.
Those with less resources have to face serious challenges in their investment which I will talk about in my next post.
The real game here is, the selection of the right coin. Those who are facing this challenge of low money to invest should invest in the coins which are way cheaper and their performance is good.
One more important thing, do not invest all your resources at once. Spend a little and see how your selected coin performs in the market. And if it performs well, then wait for the dip and spend more.
I hope you like today's post. Feel free to ask questions to clarify this concept. Also if you want to add something related to this topic feel free to comment.
How I learned Crypto... Personal Experience... A guide for Beginners:
When I entered the world of crypto, I had no idea about the trading. I just saw some basic videos on internet and thought that it's very easy. I will buy when the red candle will be low and I will sell when the green candle is at highest. But it wasn't that easy. So this is what I did:
1. I learned from the videos on internet. 2. I learned from different social media platforms. 3. I found some really nice and intelligent teachers/ analysts on Binance Square. I used to read the posts and find out myself who are the genuine traders(you get to know and understand how genuine they are by observing a coin which they are talking about). Till today I do this exercise. 4. I was not interested much in current news before crypto, but as you know that news have a huge impact on coins so now I try my best to keep an eye on news, specially which highlight crypto. 5. I learnt by trading myself by observing different coins, by shortlisting the coins for trading. I learnt from every loss and every profit. I learnt from each pump and each dump. I have learnt a lot from my personal and practical experience and I am still learning, as I told you before we don't learn in a day or two. 6. I try to learn and understand the charts as much as possible. 7. Last but not the least read the Crypto related articles and don't forget to check the comments section to see what people are talking about the coins. Discussions lead you to make your own strategies.
Remember, learning takes time. If you think that you don't understand crypto well today, you will surely learn in next few weeks, or in next few months, but you will surely learn. I only want to say do not follow someone blindly, use your brain and you will surely succeed. All you have to do is, some hard work. All the best to everyone 😊 ...
Ripple Gets Approval for RLUSD Stablecoin from NYDFS
Good news for Ripple! The New York Department of Financial Services (NYDFS) has officially approved Ripple’s stablecoin, RLUSD. Ripple’s CEO, Brad Garlinghouse, shared the news on social media platform X (formerly Twitter). He mentioned that Ripple will announce the launch of RLUSD soon. What is RLUSD, and Why is This Approval Important? RLUSD is a stablecoin created by Ripple, designed to have a stable value. This final approval from the NYDFS is a big step, as it allows Ripple to officially la
$XRP is moving upwards really fast, I hope it reaches $3 soon... I hope you some of you are already enjoying your profits and others are near their profits
Profits and success is for those who are patient ... I told you when there was a dip, to be patient and hold, also I told you not to convert to usdt... I hope some of your coins have started moving upwards 😊 Good luck to everyone but be cautious of the next dip $BTC $XRP
I started trading last year, exactly in the same days. And as soon as I bought the coins, the market started crashing on the same day. There was no one to tell me not to sell on dumps or don't be panic. But to all the new investors who have started crypto trading recently, I am here to tell you, if you will be patient you will get great rewards in future 😊 just be patient.
This is a hard time for everyone. Don't panic and don't sell your coins at dump , you will loose your money. Just wait patiently. It might take a week or more but everything will be fine in the end.
The market looks so scary... the same thing happened last year December. The best way is to hold, buy more at dip (if you have money)... Wait patiently for the coins to reach the new heights... Do not sell, or you will end in loss. Just be patient... Everything will be fine