Actually I am sharing my personal experience with Bitcoin to aware all Bitcoin earners.Hope you all will not make mistakes like me.
At First I started earning bitcoin when its price was around 1000$ and then I worked in crypto for full time.And Day by Day earned 0.1 Bitcoin.Then I suddenly attracted in HYIP(Highest Yield Investment Program) investing and lost my funds gradually and at a time I left it.Then again focused on earning Bitcoin by doing micro works like Airdrops, Social and YouTube Bounty etc .Then I earned Again 0.1 BTC but now Btc Value has increased to 10000$. I have traded in many exchanges like Binance, Mercatox, Kucoin and others and bought Altcoins using Btc.To be true I earned a lot from there.But the last time when Bitcoin Dropped to 4500$ in this Year I made some mistakes by holding Altcoins and by trading without Stoploss and without any proper technical analysis.
So it hurts me when I see that I have lost 50% of my total Portfolio because of some little mistakes.I tried hard but again and again I lose funds when my total Portfolio touches 0.1 BTC..
Suggestions: That's why I think you all should be careful about bitcoin trading and focus on Altcoins when you are expert.And must avoid HYIP investments and go for earning bitcoins without taking high risk.One day you will know what actually means about success.
You should always trade in altcoins with supreme care as they are highly volatile and especially the low volume ones, their price can easily be manipulated by a person or a group of people and if your timing is wrong in entering that market then you are left with a bag of worthless coins commonly known as shitcoins.
Also the basic trading analysis is must before doing any trade in a market as if you don't do the homework then it will be equivalent of throwing your money away.