Steemit Crypto Academy Contest / S7W2 - Relive Your Top Moments of the Year 2022: My Best and Worest Experiences in My Crypto Journey 2022

Namaste 🙏 to all of you. This is Lavanya from India.

This is my entry for the ongoing contest by #SteemitCryptoAcademy community.

I like today's contest topic a lot. Because from learning by watching videos and reading articles we learn very less knowledge while comparing with our real trading experience. Here we learn a lot of experience from our mistakes and, at the same time, success too. It helps a lot in taking the correct decision at the correct time.

Thank you, stream, for conducting such a wonderful contest for us.

One of my best moments in crypto trading in 2022 was when I decided to invest in Steem and power up the investment into my account. Steem is an amazing cryptocurrency platform, and I knew it would be a great way to diversify my crypto portfolio.

I was excited to get started and see what kind of returns I could get from my investment. My investment strategy was simple: I bought Steem tokens and held them in my wallet. I sent my investment into my Steem account; just power up those, and I restart my journey once again here. Now going happily.

Over the next few months, I watched as my account balance steadily grew. It was a great feeling to watch my investment grow, and I knew my decision to invest in Steem was a wise one.The best part of all was that I was able to take advantage of the Steem Power Up program, which allowed me to earn more from my investments in a shorter amount of time.

The programme allowed me to compound my earnings and get more out of my investments. This was an invaluable experience for me as a crypto trader, and I am still reaping the benefits of my Steem Power Up experience.

Overall, my experience with Steem and the Power Up programme was fantastic. I am sure that other crypto traders can benefit from this programme as well. If you are looking for a way to diversify your crypto portfolio, I highly recommend investing in Steem and taking advantage of the Power Up programmes here.

Here we may earn up to a 14–18% yield on our investment very easily. like that APY we don't get on other platforms. Those we may earn just by supporting quality posts alone also; if we give regular quality posts, then your earnings will increase.

I started my journey with 13k steem power, and now I convert those into 42k. Its around 3X + now.Here you may see my present steem power.

But their value is due to market conditions , but I am very happy with my Steem investment. Because It is one of my favourite long-term investment plan. So I am holding out with a lot of hopes and commitments.

That's why I say it's my best investment for 2022.

In 2022, I had one of my worst experiences in crypto trading. I decided to invest in meme coins, which were highly volatile and unpredictable. With the hype surrounding these coins, I thought it would be a good idea to put a portion of my portfolio into them. Unfortunately, I was wrong. I quickly found out how volatile and risky these coins were, and I quickly lost my portfolio. It was a hard pill to swallow, especially after putting in so much effort and research into the coins. I should have done more research and taken more caution when investing in meme coins.

It was a hard lesson to learn, and I took it to heart. I am now much more cautious when investing in crypto, and I am more aware of the risks associated with these coins. I’m not afraid to put money into risky investments, but I make sure to do my due diligence and research first. I also make sure to diversify my portfolio and spread the risk across different coins.

Overall, my experience with meme coins in 2022 was painful and expensive, but it taught me a valuable lesson about the risks of investing in crypto. I’m now much more aware of the risks associated with investing in cryptocurrencies, and I’m making sure to do my due diligence before making any decisions.

I know it's a risking investments, but by listing other voices, I fall into their trap, but I'm not disappointed with it. It's a part of experience; our loss is loss, but I have learned very valuable lessons in my journey. It helps a lot in my further crypto trading journey.

The cryptocurrency trading landscape of 2022 is drastically different than in years past due to the emergence of new technologies, investment strategies, and trading styles. As a result, success and failure in crypto trading have become more common. Here I will explore what lessons can be learned from both successful and unsuccessful crypto trading experiences in 2022.

• First, it’s important to note that success in crypto trading is not guaranteed. As with any investment, there is an element of risk involved. However, there are certain steps that can be taken to reduce the risk and increase the likelihood of achieving success.

For example, research and education are critical components of successful crypto trading. It’s important to stay up to date on the latest trends and news, as well as to have a deep understanding of the technology and the markets.

• Second, it’s important to have a well-defined trading strategy. Having a plan in place for when to buy and sell, as well as when to take profits or cut losses, can help to minimise risk and maximise potential rewards.

Additionally, it’s important to diversify one’s portfolio to reduce risk and exposure to any single coin or token.

• Finally, successful crypto trading also requires a certain level of discipline. Sticking to a trading plan and avoiding emotional decisions can help traders stay focused and make better decisions.

Additionally, having realistic expectations and being patient with the markets can help prevent traders from making costly mistakes.

By taking these steps, traders can better prepare themselves for the future of crypto trading in 2022 and beyond. Those are the lessons I learn from my successes and failures in crypto trading journey in 2022.

2023 looks to be an exciting year for crypto trading as the industry continues to expand and evolve. With the rise of new technologies such as blockchain and the decentralisation of digital assets, the market promises a bright future.

As investors, we will be able to take advantage of these developments and reap the rewards that come with them if we make the right decisions.

One of the biggest trends in crypto trading in 2023 will be the increasing popularity of decentralized exchanges (DEXs). These platforms allow traders to trade digital assets without the need for a central authority, which makes them more secure and immutable. As a result, they provide a more efficient way to trade as well as increased privacy. That's why I try to interact with a lot of Dex, which doesn't have its native tokens yet. From this, we may expect some Airdrop for early users. It's all speculation and not guaranteed.

Moreover, it is likely that more and more traditional exchanges will adopt decentralized solutions as they become more popular.

Another trend that will likely drive the growth of crypto trading in 2023 is the development of new technologies that make it easier to buy, sell, and store digital assets. This includes new decentralized wallets, payment processors, and blockchain-based applications. This opens up the possibility of creating more efficient and secure trading environments, which will make it easier for traders to get involved in the market.

Finally, the rise of new regulations that promote the adoption of cryptocurrencies is another factor that will likely boost the crypto market in 2023. Governments are beginning to recognise the potential of digital assets and are taking steps to ensure that they are regulated and used responsibly. As this happens, it will create a better environment for crypto traders and make it easier for them to make safe and profitable investments.

Overall, 2023 is set to be an exciting year for crypto trading as the industry continues to develop and mature. With the right strategies and decisions, investors can take advantage of the opportunities that are available and benefit from the growth and development of the market.

That's why my trading strategies also planes based on the present trend. Hope it gives best returns to me in the year of 2023.

Investing in Steem in 2022 was one of my top moments of my crypto journey. Despite its ups and downs, I believe that investing in Steem was the right decision. On the other hand, investing in meme coins was one of my worst moments. It was an unfortunate experience, but it taught me to be more vigilant when researching before investing. All in all, I am grateful for the experiences I had in the crypto world in the year 2022.

I would like to invite my friends to participate in this contest: @ripon0630, @ternuritajessi, @zulhendra, @shohana1, @simonnwigwe, @chiabertrand, @nevlu123, and @harferri.

Thank you so much for reading my article!*