Good evening, everyone!
I'm going to tell you a little bit about my story. I'm a young Brazilian, from this so-called Generation Z, which is considered one of the most "lacking in intelligence" generations – but, honestly, I feel that I'm quite different from that. I'm the son of a separated couple, which is very common here, but, luckily, I have a good relationship with my family, and my mother sees me as her "golden boy". And look, it's not by chance, you know? I give her a reason to see me that way, but I don't want to show off, no... I just want to say that, in the middle of this big Brazil, full of ups and downs, there are people like me, who are struggling and looking for something more.
Now, I'm going to talk about my first involvement with crypto… It was an experience that, if I hadn't lived through it, I don't think I would even believe. I was completely broke. You know those days when you look in your pocket and only have 10 reais? Well, in Brazil, 10 reais isn't even worth a pizza, right? But I decided to invest anyway. Guess what? In a crypto called Cibra Coin, which was on FoxBit and was really cheap. I bought 10 units for 10 reais and, out of nowhere, the coin went up to 200 reais! I was like: "I'm the king of the world!".
It's not every day that you earn 2,000 reais by investing only 10 reais, right? So, of course, I decided to sell and wait for the price to drop a little so I could buy more. That's where the twist in the story comes...
I can't believe it was an epic mistake... I didn't know, but Cibra Coin was a stablecoin. In other words, it shouldn't have gone up like that. But it did, and soon after, of course, there was a correction. The coin went down to 48 reais. Without being greedy, I bought one unit and waited. Three days went by and... nothing! It went down to 11 reais and stayed stuck there.
You know that feeling of "I should have sold it sooner"? Well, I felt that way. But the worst part was that when I tried to sell it, the currency was stuck! I couldn't do anything. What did I learn from this? Never underestimate the power of mistakes and the lessons they teach.