Namaste Group
I have been trading since 2017 and ride a lot in crypto and forex rollercoaster. I earned my fortune in 2020 bull run and lost everything.
I am here to share this bcaz, i get out of that depression frustration and misery.
I have again starting trading and came here to share my past and get some valuable knowledge from fellow traders.
thank you/ dhanyawaad for reading my post.
I entered the Bitcoin forum in 2017, and I know Bitcoin in 2014. At that time I only got Bitcoin through the faucet. Because the amount of Bitcoin I got was small, and the price was still cheap, I ignored the Bitcoin wallet data. Then in 2017 I started looking for Bitcoin through this forum, even though what I got was not Bitcoin, but tokens that I exchanged on the exchange and bought Bitcoin from the proceeds. In the 2018 Bull run I sold Bitcoin at a low price, without waiting for a high price, due to my lack of experience in the crypto market regarding price changes or bull runs. Because it's still the first time to enter the crypto exchange. Then the 2020/2021 bull run realized that crypto price changes would happen every few years. So the current bad state of the crypto market makes me happy, because I have the opportunity to buy Bitcoin at a low price, and I will hold it. Because I believe that in 2024 or 2025 the price of Bitcoin will again set a new record above the current ATH.
So mistakes, failures, losses in the past we make an experience for the future. We need not be discouraged. Bitcoin is an important asset, of course the longer we keep it, the more valuable it is.
In 2017 about 17 million Bitcoins in circulation, in 2022 about 19 million Bitcoins in circulation, in 2025 I estimate Bitcoin in circulation will reach its maximum. Of course the price of Bitcoin will be higher, because it cannot be mined. So that investors have to buy Bitcoins that are on the exchange, the Bitcoin price will automatically increase.