MY LESSONS IN CRYPTO INVESTMENT
In the last bull run, i missed out of the opportunity the crypto market created at that time. That happened as a result of my ignorance.
I happened to know about crypto currency in mid 2017, i began to acquire some alt coins little by little through 2019.without basic idea on how the market goes works. I acquired tokens like #doge, #matic , #ada, #fet and many more. and i was holding these tokens in tens of thousands of units then.
But along the line, i began to follow some crypto community platforms, and that was where i lost it all. Because, i was inexperienced at the time. So many analysis and predictions was popping up on a daily basis, from some acclaim crypto analysts talking about how #bitcoin and Alt coins will never see Bull 🐂 run again, that was in 2018-2019 during the Bear 🐻 market.
Some saids, if you have invested in the crypto market with the hope to cash out during the Bull 🐂 run , you might be deceiving yourself.
They went further to advice investors to sell their holdings and withdraw funds in order to avoid total lost. Few days before COVID-19 outbreak i sold all my holdings at lost and used those funds for other things.
But, surprisingly, few days after COVID outbreak, crypto market picked, i have always remembered those days, and that has always given me the impression to hold, no matter the up and down.
If you are a new investor, hold and go ahead to acquire some knowledge on how the crypto market works. Put aside all the noise and be focuse on growing your knowledge. Certainly, you won't lose it all.
#wish you all the best in this face of the crypto circle...