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RE: ADSactly FUN - Your first time...

in #fun7 years ago

My first time, was fairly easy because I am in a facebook group that directed me to coinbase just last month. Coinbase is a fairly user-friendly way to purchase coins so I bought some bitcoin, ether, and a litecoin (was only $65 then). I quickly got addicted to watching the market graphs, and I still am. I'm learning now that a lot of times you just have to be patient and not react to every time a graph is down because it's normal for a crypto to drop a lot of percentage points just to gain twice of it back. I made a rookie mistake of selling my $65 litecoin when it hit $103 instead of HODL'ing it and now litecoin has shot to over $300... I did get back into lite around $180 but that was still a lesson that this is a long term future investment. I'm learning new things about this technology everyday so I believe in it's potential in the future and am trying to learn the technical part of it all.

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Quite often what I do is pull the graph it to a 30, 60 or even 90 day chat to see the terms. It irons or all those minor bumps do you can see is it's really worth seeking. It's still a gamble but it does help with that fear!