Post
Topic
Board Beginners & Help
Re: What is holding you back in crypto apace?
by
Zlantann
on 17/03/2025, 21:21:16 UTC
How long have you been in the crypto space—4 years? 6 years?

Could you share with us why you haven't become wealthy through crypto yet? What steps do you plan to take to address the issues or delays you've encountered?

What mistakes or flaws have you experienced? I'm sure that newcomers will benefit from learning about your journey so far.

I have been around for about five years. Before then I have been hearing about crypto but I saw it as a scam since many people have lost money investing in some shitcoin or shady project. My problem was my inability to differentiate between Bitcoin and altcoins. When I saw that people lost money investing in these fake projects, I became sceptical about learning about the crypto industry.

I don't think that Bitcoin is a get-rich-quick scheme. But I would confess that investing in Bitcoin has given me a high profit which I used to diversify my investment. I will continue doing my DCA buying and wait till the next bull run for me to sell some and make some profit.

Some of the mistakes I made were because of ignorance. First, I put my coins in a custodian's wallet, which was not right. Making a hasty decision because of FUd was another of my blunders. But today, I am not moved by the news. Regardless of the news, I wouldn't sell off my coins at a cheap price.