Hello everyone I joined this forum over a year now and I was very excited to join. I warmly by the forum members and I felt very welcomed. I had great ambition oh well I think my ambitions were overly much.
I had some thoughts about cryptocurrency and I thought they were enough for me to achieve all I had come here for.
I didn't spend much time and jumped into the crypto market and I guess it swallowed me. I ventured into investing, trading, schemes and everything that I thought would give me profits. How wrong I was, I made bad investments that were from my imagination that anything I touched in crypto would favour me all I had to do is buy a low and affordable coin and hold.
Long story short I have some coins in my possession that are dead and from reality now those coins won't rise again.
My thoughts and now my experience that newbies like I was can learn.
1. Emotions thoughts and feelings can hurt you if they were not researched.
2. You haven't learnt enough just yet. It's not wise to invest with your kindergarten knowledge, take time to on them first.
3. The news can be a disguised trap, I made many investments because I followed the news and what many people were doing, this is a foolish move.
4. Diversification that has no research behind it is foolish. I had thought that once you diversify you can do wrong, how wrong I was. You always have to diversify making use of research and don't be in a hurry to buy.
I have experienced the bitter side of Cryptocurrency and now I don't need someone to tell me that crypto can bite. Moving forward I would pay more attention to learning and asking questions too, all I can say to the newbies is that grow your brain before you try to grow your portfolio.