I unexpectedly bought 15,000 XRP for $2.75 instead of $15,000
I had a tough year; three years ago, I bought 1 Bitcoin for $23,000. Then I invested more money with someone who promised me 24% annually; I had $75,000, but then something happened, and 55% of the money was frozen. I told him I needed him to give me an amount equivalent to my frozen Bitcoin, and I told him that was his Bitcoin until he returned my money. Time passed, and Bitcoin rose to $72,000. He immediately told me to keep his Bitcoin, and the next day it jumped to $66,000. At that time, I thought I would wait for it to rise to $72,000, but time passed, and a year later it rose to $53,000. I got scared and sold it at $60,000, which meant I ended up with a total of $133,000. A month and a half later, Bitcoin rose to $105,000. Before that, I tried day trading and lost $45,000. Now I only have $85,000 and accidentally bought 15,000 XRP for $2.75. I'm waiting for it to come back; the current price is $2.3.
I learned 5 things
- If you don't need the money, don't touch it.
- Only check your investments once a year
- Don't let money be the source of your happiness
- Don't use futures
- I know nothing about cryptocurrency
Conclusion:
I hope that making the foolish mistake of buying 15,000 XRP is a signal that I won't see it until 5 years later. I hope you don't make the mistakes I've made; don't think you'll continuously achieve more success at work because sometimes you're at the peak and sometimes you're in the valley. Have a great day
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