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RE: Steemit Crypto Academy Contest / S3W2 – My Experience Investing in the Crypto Market by @jimah1k

in SteemitCryptoAcademy2 years ago

as students we were always searching for ways to make earns meet

It looks like every student I’ve come across is always searching for new ways to make money whiles he or she is in school. This makes me wonder why😂.

Come on man, you got scared too easily. For some people they would have preferred seeing my money go down to zero even though they were new😂.

You know what? I’ve always had a problem with being patient. We know the coin will rise, the question is how long will it take to rise if you are in need of money.

I have read on many occasions where individuals make millions and millions from just investing as little as $17 on a crypto currencies and within a few years at most they become millionaires.

I’ve never seen this story though. 17 dollars is really small and I must say the fellow is blessed to make such a huge amount from 17 dollars. The one I read was when an investor bought 1000 dollars worth of shib and within 4 months he was a billionaire. All this stories as you rightly said continue to motivate me to buy shit coins, the problem I have is with how easily they can be scam.

The most recent one I can recall is LUNA now called LUNA classic

Oh boy loosing money in Luna has been one of my saddest days. I actually thought I was gonna turn my 200 dollars into 1000s of dollars whithin a few hours. I didn’t know I will be holding worthless tokens up until now.

Before you start trading make sure you know everything about the asset you want to invest in

Sometimes I believe experience is the best teacher. I believe no matter how experienced of a trader you are, you will still loose money in the market. The market is very volatile and there comes a time that even the most accurate indicators give out false signals.

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 2 years ago (edited)

This makes me wonder why

The money we get from our parents wouldn’t suffice our needs. I know you would understand that

Come on man, you got scared too easily.

That was my last hope bro😅

We know the coin will rise, the question is how long will it take to rise if you are in need of money.

The problem was I wasn’t told that. I was still very new to BTC at that time. All I knew was after buying the coin, I will start making profit

I’ve never seen this story though. 17 dollars is really small and I must say the fellow is blessed to make such a huge amount from 17 dollars

I provided a link you can look it up if you want.

Oh boy loosing money in Luna has been one of my saddest days. I actually thought I was gonna turn my 200 dollars into 1000s of dollars whithin a few hours. I didn’t know I will be holding worthless tokens up until now.

I taught I was the only one. I bet we will still read probably the same stories from other steamians. Who thought they could also take advantage of the market😂

Sometimes I believe experience is the best teacher. I believe no matter how experienced of a trader you are, you will still loose money in the market. The market is very volatile and there comes a time that even the most accurate indicators give out false signals.

That’s why it’s good to invest what you can afford to lose. Thank you for stopping by I wish you good luck buddy.

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