This is my story in cryptoworld. I think It may help newbies like me! I wont give any coin names, it may be anycoin in the market. Just wanted to share my experience, and I think It may be useful for everyone like me who entered this wild world lately. For those who does not want to read them all, just read the lessons, wish It helps someone out there. I'm sure there are a lot of like me out there, this is our story indeed!
I started investing in Altcoins in 06.2017. I was looking at the green coins in the market, one of them was burning, I thought that was the coin I was looking for. Then bought it with my %50 of BTC and go to sleep. I was expecting to woke up a richer and wealthy day! BAM! %50 loss in the first day!
1 - Lesson one: Do not buy a coin from the highest point of that candlestick
Then I thougt It was an oppurtunity for me to buy more coins from that burning one! The coin of the future! All-in to the same coin second day! The next day another %50 fall!
2 - Lesson two: Do not All-in to one coin!
Then panic started. I dont know what to do, I already lost %75 of my money. Then I sold all of them and back to BTC! After two month the coin I bought was much valuble then I bought it in the first day!
3 - Lesson three: If you really trust in the project, just give it a chance! (Learned this more later)
I started to dig more into Bitcointalk and learned how to invest, started to do some graphic readings and today I already tripled my enterance point.
Oh before the last and the best lesson:
4- Never jump into pump and dump events like some phenomenon does. I once lost %50 just in seconds.