Based on my little experience in the currency market four years ago, then I was still in the university then trying to make pocket money from little of my trading ideas. You know buying a particular currency pairs at the bottom while selling at the top with few of my trading strategies like the Bollinger bands, RSI and and the moving averages.
I decided to invest in Bitcoin with the help of my new friends who are into Bitcoin trading and investments. Although at that time I didn't have substantial knowledge on how bitcoin works so, I decided to invest all my hard earn money to the extent I sold my most precious treasure which is my classical Guitar that I always use for my musical classes. Then my dream was to keep my Bitcoin for at least 1 years for it to appreciate more before selling it so I could be as rich compared to my local government chair lol. My dream!
I was working then so I decided to apply for mini jobs so as to get extra money to buy more bitcoins cause I wasn't getting enough from my currency trading. I was able to acquire 2.25 Bitcoin worth $18,000. As at 2017 one bitcoin worth about $8,000. Then the only popular crypto wallet in my region was Blockchain, so i was using it to store my Bitcoin. After a while I venture into Bitcoin investments. Never new they're all Ponzi scheme...I lost half of my Bitcoin to Ponzi scheme cos I was a novice to the cryto world.
I almost go mad when I realized that my dream of become a big boy is almost shattered. I was pain in which I couldn't think straight losing more than $9,000 worth of bitcoin. I lost focus, I couldn't continue my musical training cause my classical guitar, my enthusiasm is almost gone. I decided to dump everything about crypto currency giving it a break. I also deleted my Blockchain wallet from my phone.
Last year during the early stage of convid 19, I could remember that I had bitcoin somewhere so, I went in search of it. I reinstalled my Blockchain wallet but I couldn't logged in cos it's was asking me of my private keys. I've searched every corners, books, dairies but still couldn't find my private keys.
At least I should have not less than 1.1 bitcoin in my wallet which could worth more than $70,000. Converting this money to my country currency makes me a millionaire.
This is how my dream of becoming a millionaire was shattered by my ignorance...pls is their a narrow escape to my misfutune?
I also regret the things I've done last 2017. Early 2017, I started at this forum. At junior rank, I started to join bounty campaigns since earning at campaigns is very good during that time I admit I earned big amount at low rank and as my rank advance the better the earning. But I did not manage well the earning I get. I buy shit coin. I spend most of my earning to less important things. Time flies so fast I did not manage to save money until BTC price keeps going down and seems that it can't recover from its loses. Then time comes I needed to save my thesis, I have no other other choice but to used some of my bitcoins again. Even though it is hard for me to sell BTC because the price is still low, I eat my pride and sold almost all of it. I promised myself that the few amount of bitcoin in my wallet that remains in my wallet will be there until BTC price recover and yes it happened this year.