My cryptocurrency mistake.

in Hive Naija9 months ago

Hello, everyone.

I welcome you to my blog. We all have experiences that we wish we could go back to the past and experience again. We also have experiences that we wish to travel to the past and stop from happening. Experience, they say, is the best teacher. Some experiences are pleasant and some are bad, but both good and bad experiences leave us with a lesson, and it's left for us to either learn from it or suffer the same fate again in the future.

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Sometimes past experiences hinder us from making good decisions for our future. If we give past experiences the chance, they get to affect our future in one way or another, mostly in a negative way. This is why we must take the lesson from the experience and move on by letting the past be a part of the past and not letting it decide our future.

When I first stepped into the cryptocurrency space, I suffered losses, all because I did not understand how the ecosystem works. I was busy buying every shitcoin I heard about without doing any basic research on it. I even used my school fee, thinking it's an investment that, before I need it, would yield profit and I could take my capital (the school fee) back. It dawned on me when all my money disappeared from my wallet, leaving me with just the coins I bought. Coins were in my wallet, but they dipped to nothing.

I lost everything; this caused me to be very scared of anything called cryptocurrency, and I am always careful when I do anything related to it. It caused me pain, but I learned, even though I had to learn the hard way. So when the year started after all the Christmas and New Year celebrations, I came in contact with a friend, and he told me how this year is going to be a good year for cryptocurrency users, and everyone should hop on it and buy USDT in large quantities while we wait for the bull run, but I thought it was just another blabber about cryptocurrency.

I did not take his advice seriously; he talked about the Bitcoin halving that is expected to happen in April and how, for that reason, the year will be a good year to invest in cryptocurrency, but I still did not take it seriously, and now I am seeing signs that indeed those who bought the dip last year and early this year are already in profit. I got the information this year and still did not make an attempt to buy the dip because I was feeling a little bit scared of history repeating itself again.

Now, all I wish for is that I could go back to the day he told me about how this year will be a good one for cryptocurrency users and, on that very day, buy and hold some certain currencies, especially USDT. If I had done it on the day he told me things would be different now, I would have taken his advice more seriously.

Thanks for reading my post.

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I am experiencing the bull run from my hive wallet. I hardly invest fiat into my wallet but I am so grateful for all the times that I have. And I think this crypto misinformation happens to every body just entering the crypto space.

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I can totally understand why you would feel like that. But the world of cryptocurrency is nothing without taking risks and having a good risk management strategy. We learn from it and we move on to other opportunities. It happens to the best of us.