So I started investing on one shit coin, when ever I receive my salary I divide it into two one for my up keep and the other for my investment, I did this for 4 years and I was so happy because I had faith it will grow as Bitcoin did, one day I checked my wallet and discovered the coin I was investing on for years has dropped I became so scared and sad I asked questions and did some research and discovered every coin fall sometimes and also rise wow that gave me a relief and hope so I continued my investment
wow! I find this part of your story a bit strange. How is it that you were able to invest into a coin for a period of 4 years and yet you've not witnessed the coin being volatile within that space of time? I'm curious to get some details on how the price of the coin was within those period of 4 years wether it's being going up or just remained stagnant at the price you bought it.
and same thing happened again I cried, so I stopped investing and started waiting for the day it will rise so I can take back My money and stop, I waited for a year plus and it came up a little, wow I became more hopeful and I decided to leave it a month later it dropped and never came up again till today that was how I lost all my money.
shitcoin will always be shitcoin. They might do well after few years but has a greater probability of going too low with time.
So I just started reflecting on how much I have wasted investing on a shit coin and how far I would have gone if I was investing on Bitcoin for that number of years, I became so sad and full of regret.
that's the more reason why research is necessary before getting started in anything. Why you refused getting the basic information about a particular thing you're going into most expecially when you're investing into an asset that's as volatile as Bitcoin or any other digital asset, you don't joke about knowing what you're getting yourself into.
but i have decided to live the past and start a new journey with Bitcoin this year and right now I have accumulated a little using the DCA method Bitcoin will keep growing so don't give up start a new journey today.
Now that you've learnt your lesson and you know better, be wise enough to know how to go about with your DCA and ensure that you're aiming for the long term so you don't become bothered again when there is a possible DIP along the way.