Once Bitten, Twice Shy

in #altcoin7 years ago

bitcoins-900x450.jpg

So, you know how it goes.

You come across something on Youtube or Yahoo that sounds to good to be true.

You Google it and start to read and watch everything you can find that appears to be from a creditable source.

And then it dawns on you, this is not the first time you have heard of this.

That memory from 5-6 years back comes creeping in, "Hey man, I will give you 500 of them for $500.00".

We all wish we could go back in time and change certain things, even the littlest of things such as this one.

That $500.00 investment would have equaled $1,371,635.00 at today's BTC/USD exchange rate of $2,743.27 per BTC.

But let us not waste time on what might have been. Instead, let's grab life by the reins and get this cart on down the road. Because Bitcoin is not the only coin out there. Actually, there are over 4,000 cryptocoins currently.

When you have some downtime, I recommend you go to https://coinmarketcap.com/ and take a look at some of the different coins and their trends. I also have one rule I stand by, and you will hear this from me and all of the other Crypto people who are not scammers, Do Your Own Research, DYOR. Please, do not ever take my opinion as gospel, it is merely that, my opinion. I am making educated guesses just like everyone else.

Okay, end of the disclaimer. Research the reddit, Steemit, CryptoNews, or anything else you come across, be it good, bad or indifferent. You need to know what you are investing your money into. Look at the daily fluxes, market cap, trade volume, and especially developer(dev) news.

Your local library may or may not have books on coins, but you can also look into books on stock trading to really get a grasp of that side of things.

Do not be one of the ones left behind.

044e7132ea1f0ca59cf7438a6de64a59.jpg

Sources:
http://www.coinbuzz.com/2015/04/01/the-5-best-ways-to-earn-bitcoins/

https://coinmarketcap.com/

https://www.cryptocoincharts.info/coins/info

Sort:  

Welcome to the platform, I wish everything work out for you. It’s not easy here but not difficult neither but just ask an extra effort, engagement is the key good luck I’m @goodaytraders Start by following people and they will do the same.

Thanks for the warm welcome. That is my plan, to stay as engaged as possible. Thanks again and have a great one!!!! Happy trading.

Man, tell me about it. I have a similar story except by buddy and his roommate kept all of their Bitcoin from 2013 and now they both just quit 100k plus a year jobs to trade crypto and play xbox.... Well at least I'm here now lol.

No doubt, do not let it happen twice, hope on the train,boat, cart, whatever we got to do. It is our turn to quit and play xbox.

Congratulations @coinmeister! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 64669.52
ETH 3430.49
USDT 1.00
SBD 2.52