Post
Topic
Board Bitcoin Discussion
Re: It's never too late to start
by
Pamadar
on 01/01/2022, 17:08:38 UTC
Slightly tells me that I know bitcoin from this forum around June 2017,
But I haven't kept up with the crypto world for a long time due to my busy business and boredom with the price of BTC in 2019.
So I almost forgot all my assets until there was one. the thing I think is my stupidity, I omitted my Trezor which still contained around 9 ETH at the time I bought ETH around $ 700 in mid 2018, and ETH keeps dropping so I ignore it.
Long story short I want to start from scratch I want to ask the seniors who are here.
I want to start trading again. Could you please give me some advice so that I don't go through things like a few years ago.

We actually have the same experience- started on the forum last 2017 (though I participated into various campaign signatures) but I went on spending every bit of its proceeds. Unfortunately, I did not expect its price to skyrocket to its price now; I would have earned around $20,000+ on the bank if I just kept and HODL my BTCs.

While trading may be considered an alternative method of earning BTCs, I highly advise to avoid it especially if you lack the necessary skills and experience on the field. But if you really prefer trading, then start low and learn from there. Trading and staking high amounts of value may result into a loss that is unexpected due to the high risk of the method itself.

Good point, starting low and try checking if you are fit for this business.

Never to rush things out, most of those who participated because of the hypes failed and losses their money inside this market,
it's never too late if you know what you are doing and you understand the cycle.

Invest your time and not only your money to understand the nature of this business if you see by yourself that you are capable
working around, that's the best time to go full time and invest a good portion of your savings.