My Crypto Journey
Part 3
Many people ask me, you have made profits from $SHIBA, #SAFEMOON, #SPORE and etc, which means you should be very rich now.
Here I will answer it significantly.
My answer is 'BIG NO'
I got the momentum, I have felt the profits from coins rising thousands or even tens of thousands of percent. But that's where my biggest mistake came. I, who just entered the crypto world for the first time, never thought that something that rose quickly and very high would on average fall quickly and deeply too. So I mostly missed my chance to make a profit, even my own capital was also dragged down.
And what I saw at that time, shitcoins were so hype, dozens of types of shitcoins were increasing thousands of percent per day. But at that time hundreds of shitcoins were launched every day. The psychology of us beginners was provoked by the market conditions at that time, we took bad steps, we wanted to buy all the shitcoins that appeared that day as long as there was still cash.
Most of the profits that I should have achieved I let evaporate. I even added all the profits and spent my own capital. Really, after the 2022 Bear market comes, I will be able to realize and see the reality of how stupid I was.
But if you ask me, am I angry and hopeless about that incident? Again and again I have to answer you 'BIG NO', I learned a very valuable lesson at that moment, I came to understand the importance of healthy psychology in trading, and I came to understand that there is a level of greed that we should not cross.
That's the story of my crypto journey first. I hope that sharing my experience can help all of you as a reference in making decisions in all your investments and trading in the current crypto market.
As usual, this is not financial advice or an invitation to buy. Always be DYOR in your investment and trading steps.
Hopefully with the permission of our Almighty God, we can all gain profits in this market and can change our lives for the better. Amen ❤
