Chapter 1 - My new journey into the Abyss (Cryptocurrency)

Hi Guys!

I am like one of those people who wants to get into cryptocurrency but have no people to guide or aid you along the way. so i will be trying my best to learn as much shit as possible and sharing my journey with cryptocurrency.

I am sure many of you can relate to me along my journey as a clueless person trying his luck on cryptocurrency.

Lets get started! i decided to invest 880 SGD (Singapore Dollars) which will give me roughly about 400 USD MINUS all the damn fees! i went to the physical store which allows you to transfer cash to gain Bitcoin (BTC).

Here is the breakdown of how i got my cash into BTC through various ways

1. Physical store - 650 SGD (1st time i put in 150)
2. Coinbase - 230 SGD

I was excited to start trading during my first week, i was thinking, "Damn!, i gonna get rich fasssssssst!". Needless to say, i was wrong. I decided to do day trading instead of holding because i only invested a small amount which i wanted to increase to maybe 2-3 times my original value before i set aside some coins to hold.

I will earn more by day trading for now. i remember buying XRP (Ripple) as my first coin when it was at 0.9cents or 0.0007500 BTC value. As you guys know, i know shit so i thought hey i have to wait for the actual ripple price to go up before i could make some money, simple right? Then all hell broke lose! BTC value of ripple became 0.00065000, but the price went up to 1.1 dollars. "Holy Shit!" i thought i earn some monehhhhhh!

Went i set the sell order, at that time i had no idea what it was for, i mean it doesnt even let you set the actual price of XRP you want to sell, so i thought i was useless. Like why the hell people use it for! I know, I know, you guys must be thinking im stupid not to use it! Remember guys, this is the adventure of the clueless trader!

So i almost sold it at MARKET price which was at 0.00065 BTC. I guess Jesus heard me when i say "Holy Shit" and i stumble across some youtube videos. I was researching stuff about cryptocurrency because i want to learn trends, graphs, and stuff to aid me along the way to earn money by actually knowing what i am doing; not by gambling or guessing.

I learnt that we should increase our BTC value and not just look at the price of the Alt (other coins beside the trinity or top 3) coins. The next morning, it rose to 0.00075000 BTC and actual price grew to 1.2 dollars. I IMMEDIATELY SOLD MAN. I earned by first 12USD.

I FUCKING DID IT MAN! WOOHOO, i gained some money! First successful transaction, i was escalated like hell! I thought that if i continued what i was doing; maybe a few times a day, in no time i will break even and gain profits.

Oh no......shit happens man. Its like you are doing something well, and you thought you can do it well, the next thing that happens, you suddenly cant do it well, you know what i mean?

Okay, before i continue on, i discovered Bitconnect. Bitconnect allows me to invest money by loaning it out and the trading bot will grow the money inside for me using COMPOUND interest. Super Good deal right!

https://bitconnect.co/?ref=GideonGideon

I invested 100USD to try it out. One good thing about this is that it allows you to reinvest your gains from loans. The more you reinvest, the more you get back. Up there is my referral link, just try it out with 100 USD, nothing to lose. If you already are using Bitconnect, just open a new account and use my referral and put in 100. hahahaha.

Jokes aside, you guys should try it out. Of course i am not joking about the referral, it gives me money to reinvest or trade BTC.

Day 2 for Bitconnect, i earned 2.09 dollars, which is nice =) it's something!

Okay thats it for PART 1, hope you guys enjoy my story, more to come!
WILL I BE THE ULTIMATE TRADER?! STAY TUNED TO FIND OUT!