What an emotional rollercoaster the "Crypto" market has been!

in #cryptocurrency7 years ago (edited)

beggining balance .png

Well its been a wild ride investing in the market I started out with exactly 932.93 usd and 0.39983198 btc just to get my feet wet and get use to it. Damn! it was a euphoric ride to say the least.

It all started pretty good, then things got rough!
I first put 900 then it slowly started growing as I invested into Neo, Bitshares and Bitcoin! it grew to about 1500 usd then I withdrew it all before the pre-fork, I panicked and realized now that it was a big mistake, I could of had the same amount of bitcoin cash with with me right now, even thought it is just another alt coin with no infrastructure to back up any transactions, but maybe might go up in value one day although it seems uncertain.

With my little experience trading I must say you have to have rational based decisions and not emotionally driven transactions, you must stay grounded and not follow hype patterns because its just what I did with bitcoin cash and lost 200 usd which is not a big deal but it did get a little under my skin, however I took it as a learning lesson and a great one it was I still plan on being a full time swing trader and invest in the cryptocurrency game but I don't fully understand the entire scope of the fundamentals, I know the basics, how they work,infractructure or lack there of, have basic understanding of the software code, what drives the market but I still yet to determine what if any interaction the stock market and the fiat market have on the cryptocurrency market I suspect there is some flux that it tied with the other markets but I don't Know, hopefully someone that really knows can educate me on it or someone can point me in the right direction.

Thank you ladies and gentlemen!
"Renaissance"

my bitcoin.png

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It is a rollercoaster for sure, but I'm glad that it has started out going fairly well for you! :) I'm always looking for more learning opportunities too!

thank you, I love the crypto world I am still trying to learn as much as possible and recently started experimenting with Hyip's they are really risky but so far so good! @biddle

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