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RE: LeoThread 2023-06-06 15:29

in LeoFinance • last year

My first few months in crypto was fun and also hell. Here is my story.

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#threadstorm

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It was then that I realised I wouldn’t get it as I wanted so I started to learn about what I put myself into. Nope, my first thought was not to run.

8/🧵

Hahaha~ Learning after you failed. That became a nice story and you're still here. So, I guess you came out of all of this with a net Positive?

#hopium

Each time I say this people don’t believe but it’s true. When I first joined I never thought crypto was gonna fall. I thought it was always gonna pump and pump

5/🧵

I have a similar story trading cryptos haha. The bull market seems will never end...

While I didn't fall for this trap, I felt for many similar ones.

It's basic human #psychology to think you'll never fall when you've been going up for a while, (it happens even in #Sport,) and the whole FOMO effect is built on it!

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If I can remember correctly I’ve not been around for too long. I think I joined in the late 2020.

2/🧵

When I started crypto (not hive) i only trades spot. It was making me little gains until the bear market came knocking

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Well I wouldn’t say I was particularly lucky to join the crypto space when we were in a bull market. I think it was a bad idea.

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So as a result I never took profit on shit coins. I only exchanged some to usdt when I needed to sell for fiat. Then it hit me

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The bear market hit hard and my shit coins started to show how shit they were. I think the bear was a good idea for me to learn

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That’s probably because I am a student who has nothing doing except studying. So I had no choice then. It was boring believe me but then I did manage to get a grasp of it.

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Am not particularly good when it comes to the technical side yet but now I bombard myself with crypto. So yh, he’s the few months of me doing crypto.

10/10

hehe. Don’t you hodl? The bull run was a nice experience. I was a witness. You’ve gotten some experience so far so good. And I am sure it’ll some bull run happen anytime you must be ready to take profits. For me I didn’t dull myself.

Man😂, for someone who didn’t even think crypto fell how will he even know about hodl.😂 it took some time but I did learn eventually. That’s why I said getting it in the bull market might have been a bad choice.

At least you were making profit from spot back then... In my case I messed it up badly was always buying top and selling whenever it go down in fear that too in bull run 🤣

Previous year bear market actually taught me a lot. Noice journey

😂😂oh man you did a lot of hilarious stuff. I think I did that on a couple of assets too but then I did learn. I believe in experience being the best teacher and am sure it taught you a lot 😂

same story with me.. started middle of 2020... saw the pump and got hella exicted...played with shitcoins in 2021... Had no knowledge of charting, I crashed so hard..started learning charting June 2021 and here we are still getting started

well I think playing around with shit coins have been one of the best decisions. Some dump on me but then others pump. It teaches you lessons you would have never imagined.

It was interesting story, we have to learn more if we truely want to live in a system. I also know about crypto in 2021, I joined hive but don't understand more about crypto.

Yep I see some people join hive and then only trade or know about hive. Hive should be the start and then you could use the earnings to make a hell lot of cash if you’re lucky 😂

Ouch! Yep, it's quite difficult to enter when we are in the bull season because everything looks wonderful, but when the bear market arrives is when one realizes which projects are really good. It's great that you kept learning ;)

man I swear I was really really excited 😂. It did take something to bring me down to earth but it seems now I always want the market to dip so I can buy more