Me, Myself and I in crypto.

in cryptocurrency •  7 years ago 

This being my first post on steemit. This will be a very short and frank one.
And Knowing probably no one will ever read this, makes it easier to write.

To set the time frame : This was early october 2017 time.
I was looking into options of investment, the stock market looked real high at that moment, plus i had no background or exp in investing. Thought about 401k options as well, only to somehow stumble upon bitcoin/ethereum.

Needless to say, the first thing that struck me( most others) was the price rise it had, and the amount of money that was there to be made. [ to be honest, money is still the biggest driving force for me in this sphere, followed closely by decentralized structure ]. I was amazed at the amount of profits people were making.

I too got some guts, and got an account on coinbase, and bought some bitcoin worth $200 at ~$6K levels.
This was my first bite at bitcoin. I bought some more over the next 1 month or so.
With every passing day bitcoin went up, it felt like a dream. it felt like nothing can stop it.
It was a buzz, that kept lingering. a drag that seemed it wont stop.
But guess what, it buzz died, and there was blood on the street.
i even bought a portion of 1 bitcoin at $17k, only to find my dream being crushed.

Now: 3rd Feb 2018.
Bitcoin is hovering around 9K or so, and i have just held on to all my investments. i am 4 months into this, but have realized one thing.
"Patience" : this is the key, after 17K i havent bought anything. I am getting ready to buy some at 6-8 k levels.
But that is secondary.

The learning i have got from this 4 month experience has taught me a lot.
This sphere is full of people who are ready to educate others, give/teach others.
This has bee n a blessing, not in terms of money alone, but in terms of being a part of this revolution.
Glad to be a part of it.

Peace.
VR

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Welcome to Steemit! We are excited to see you here. Techchat looks for the most shocking, interesting, and exciting breakthroughs about tech. Including the crypto space! Basically - we do all the research so you don't have to.

Steemit is a remarkable platform that is built for users to reward quality content. It's a logic called proof of brain.

We hope to hear your opinion on techchat's content! We always love to hear from our community.

tc-logo-no-background-notext.png

Happy Steeming

welcome! to the steem room!

thank you.

Welcome on Steemit!
Looks like at least 8 people already read your first post, a lot more as you thought 😀

indeed :)

Hi @vraj ! Great post, i like it, i just upvoted it ! PS: you may like to follow me ... @legsnheels

Done :)

Perhaps you can explain to us newbies why you only follow 1 person?

Do i ? :)

I actually meant @legsnheels