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.
It's really so sad seeing oneself lose while on trading adventure and i believe everyone has had that experience no matter how little. The current market condition is very volatile and unpredictable making it very dangerous to trade and that's why a lot of people have abandoned trading for quite sometimes now and focused on holding some of the major coins and tokens because one thing is certain in this space, there will always be up and down movement and once you get yourself positioned when the price is at the bottom, you sell off and take profits when the price increases. Thanks for sharing your experience, i believe many people will learn a lot from it