Steemit Crypto Academy Contest/S3W2 – My Experience Investing in the Crypto Market by @fantvwiki

Hello, Steemians friend how are you all, I hope all is well. I was invited by two Steemians from Indonesia who are widely known, thank you for the invitation Mr. @ridwant. well at the end of the post as a good step I put my introduction, as a learning for all to follow the rules that are not standard but better done. I invited @alee75, @miftahulrizky, and @ibnusakdan to join this contest.

Steemit is my first gateway to get to know Crypto, I don't need to explain what Crypto is anymore, because this is already known together. when I first entered Steemit I was not very familiar with this type of investment, but I knew I could write on this great platform. day after day I finally realized, that writing On Steemit will be appreciated by some gifts from what we write, although not a guarantee to get it. The 3 ecosystems that invest in Crypto include Steem, SBD, and Trx, all of which have their value, based on Bitcoin as the largest major Crypto.

Then over time, I continued to enjoy my investment in Steemit, and Steem became my number one investment in Steemit. since then I have never wasted my hobby of writing just like that, every day I publish all kinds of writing to get curation so that I can get the Steem I want. this has been an interesting experience for me to live, and it further added to my knowledge about Crypto.

Finally, I made a small Crypto investment in an application that has a good level of guarantee, this application comes from Indonesia. supervised and officially registered in the Commodity Futures Trading Supervisory Agency of the Ministry of Trade of Indonesia, and of course reliable. TokoCrypto application as a place to buy and sell Crypto assets eventually became my intermediary place to invest in Crypto.

But unfortunately, I can't capture the screen to show it to all of you, besides the service is not allowed because of the security reasons of the account owner. but you can try this application to invest in the Crypto market, and be free to do any type of Crypto trading according to the applicable rules. Today I just exchanged some Crypto that I have, because this morning, on July 29, 2022, BTC experienced an increase of around 3.44% at 08.50 PM Indonesian time. therefore, the small Crypto assets that I have, I have exchanged for IDR or identity for Indonesian currency.

My initial investments in Crypto are the three I mentioned earlier, but Steem is the top Crypto investment I have. followed by TRX, TKO, NANOBYTE TOKEN, LUNC, ZIL, XRP as well as several others including ANC. this Crypto investment I already own, and I sold it back when its value crept up this morning. but for Steem in Steemit I still maintain it as a long-term investment.

Before the collapse of Luna Classik, I was encouraged to take advantage of the local official currency assets that I had for investment, and this went very interestingly. although sometimes the funds will be where the time is, the movement up and down the value occurs every minute, second, hour, and even month. if I may be honest the value that will jump from the investment, is an encouragement to me to invest in the Crypto market. this is probably the normal logic of thinking for the person who invests, the expected profit.

Luna Classik is one of my small capital losses at that time, even though it was replaced with a new Luna, there were still losses. for other types of Crypto, there is also price instability, inflation several times this year has greatly influenced the current decline in the value of Crypto. but the losses that I experienced, were not as big as the losses of those who have Crypto with large amounts.

With a large capital that is owned by someone to invest, it will make the adrenaline higher. I also experienced that, but that's the investment something that makes us predict and analyze all forms of Crypto development itself.

Last night I still had Steem, TRX, TKO, and NANOBYTE tokens, and have exchanged them. it was caused by the one I mentioned above because the price moved up and I used that time to sell it. however again to capture the screen I can not take it because it becomes a ban. however, I try to use photos from Android, so that the contest rules are met. here is the photo :

I am not experienced in this investment, but I am a small player in this investment. the experience of holding longer so far has little risk in my personal opinion, I am more likely to pass it off if it has the price I have expected. next, try to buy it back when it is at a suitable price for me to reinvest.

For me being a beginner is difficult, I can't go too deep. it takes a strong desire, analysis every day, place the investment value of more than 2 Crypto assets, and of course, dare to take risks. this requires analysis and knowledge of Global circumstances, not just laying the value of the investment. because in the course of the market movement is profitable, but also must be ready to withstand large losses. if you want to do it, use it gradually or with investment capital first, and buy Crypto that tends to be stable and has a decrease in value that is not too large, if it experiences a slight market price shock.

Determination of club Status refers to a Web-based application steemworld.org