MY CRYPTO JOURNEY | Ups and Downs

in Hive Learners2 years ago (edited)

It amazes me how I am still in this space called crypto space because what it has done to me is enough to make me lose interest and keep my ears locked and closed up just at the mention of it.

Well,
RIP to all the funds we lost chasing more funds
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INTRODUCED TO CRYPTO SPACE

My crypto journey started on May 2018, this was when I was in 200level in the University; It happened that I came home to take a break from my academic activities and I went to visit my childhood friend. We talked at length as it has been long since we last met and along the line, I asked him what he was doing currently that earns him money for upkeep as he was yet to enter the University. He explained crypto to me for the first time then; I was interested in this particular thing he said and of course, the driving force was because of the returns it brings, money. Hahahaha.

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When I was going back to school same week, I was in the bus park when some vendors were advertising a magazine about crypto, this time around, it was basically Bitcoin then, I checked myself and saw a 200Naira note which was what the magazine was sold at, I bought it and read it. I continued reading about crypto space at every moment I saw anything related to it but I did not have any money to invest in it because what I know then was only about buying the coins and trading them which required capital.

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MY ACTUAL ENTRY AND EXPERIENCES

Fast forward to 2020 when the COVID-19 break stroked Nigeria and we went in total lockdown; this time around, I still went to my friend and we all kept discussing about it. He encouraged me to start up the coin vendor; we partnered and then I started this; we advertised in our WhatsApp status and many platforms we were in. Whenever someone declares interest that he or she needs a coin, we send out our account number and you send the money equivalent and the charges involved, we quickly deposit the money as USDT immediately and then buy the coin, send to you within minutes and then take the charge as our profit. Also when someone wants to sell his coin, we tell the person the rate we are buying at and add our profit too, if the person agrees to the price, we tell him to send the coin across, then we quickly sell it at market price, converts it to our currency and then send him the agreed amount. This we continued because many people did not know how to do the exchange or perhaps, they knew but then they did not want to do it themselves as they think something will happen along the line and they will lose their money.

The lockdown was eased and then school activities started, my faculty came with their stress and exams,; since I did not read all through the lockdown, I knew I had a lot of readings to do and this made me lose most of my customers as I was always either in the practical room or classroom or exam hall.

Seeing that I can no longer continue with the selling and buying of coins, I ventured into crypto trading, scalping for profits whenever I see a favorable hope in the charts, sometimes, it goes as I predicted, other times, it goes south and I lose, it was just an endless cycle of lose and gain without an actual growth.

Early 2021, I was introduced by a friend to Shitcoins. This was where the tears started and was endless, haha. I knew how volatile these projects were but then I never expected it was going to be this bad. I bought a whole lot of coins under this category; even the ones that are without any value as at today. I cannot forget in a hurry about one of them called SAFEMOON that I bought with 30000 Naira and before that week ran out,the price already declined to 800Naira, I was very shocked and lacked words to describe those moments. Well, I keep hoping the project boost someday, hahaha.

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Not long enough after the Shitcoin saga, futures trading came in view. I refused to give it a try after my friend explained to me.
January 2022, I decided to give it a try so that I will know I already tried my best to get out of trenches; my friend gave me the signal himself and both of us entered the trade and boom, it went south and the money was lost again, hahaha.
We went ahead to buy signals and we also traded the signal we bought and entered the trade but we never knew what awaits us, the next day, the Russia-Ukraine war started and we all know how bearish the market was then and again, it was lost, I WAS LIQUIDATED AGAIN, tears in my eyes....

It has been really downhill for a long time with small spice of uphill.

Then came March 2022, my brother @kenechukwu97 then introduced me properly to hive and so far so good, I have really been enjoying this space a lot. I have been going around; making mistakes, learning and unlearning and getting better here.
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HOW FAR I AM WILLING TO TAKE IT

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Now that I have really found a crypto space that I love, I am willing to take it to any length to see that the success story people also tell about the goodness of crypto gets to my doorstep. I am also currently taking a lesson about crypto analysis to better my skill because I know some of the losses I incurred might have been avoidable only if I had a better knowledge on it.

We keep getting better everyday as experiences of failure makes the success stories sweeter.


Thank you for this wonderful topic although it brought up some buried funny and sad experience. This is my entry into the contest in #hivelearners for the question

by being Hivers, we all have to get involved with cryptocurrencies at one time or the other. Tell us how it has been for you so far? And also how far you are willing to take it.

PS: The first picture is a picture taken from my phone
The second picture is a screenshot of my Trustwallet account.

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@kenechukwu97 is your brother @sperosamuel15? Super cool people!!! And yes, Hive is a lot better than a lot of the other coin, and it's probably going to be here a lot longer, also there are many other things to do on Hive, like blogging hahahahaha!
Oh, and one more thing: Hive (or any other "investment") is long term, none of it is get-rich-quick money.
This post was obtained through Dreemport.

 2 years ago  

Yes, he is,lol...

Hive (or any other "investment") is long term, none of it is get-rich-quick money.

With the experiences I have come to gain through my various adventures in Crypto space, I have come to know that the first mistake in joining any platform or investing in any coin is the mindset of getting rich quick.... Maybe it gets to mess with your rationale in thinking also with the mindset
I am not here to make the mistake again, thanks for reminding me

 2 years ago  

Lol... I'm late on this reply. Hehe.

Yeah @jamerussell, he is my brother and new on the platform. He surely has so much to learn. In due time, he will learn as much as possible and grow on the blockchain.

 2 years ago  

Crypto has its ups and downs but hopefully Hive will be be the Safest place Let's move 💪💪

 2 years ago  

The experience many people had with crypto are unprintable. Many are still losing money till today. I
When it comes to crypto, I believe that information is very important in this space. With the right info, you will find the space that will give you good return for your time.

I hope Hive get to be one of the adorable crypto experience for you. !PIZZA

 2 years ago  

Already enrouted for the hive adventure..
I hope for nice returns

 2 years ago  

Hmmmmm
Your journey in crypto has been really with ups and downs.

Glad to hear you are now taking some tutorials on crypto...hopefully you will get enough knowledge to deal with it better even here in the hive.

I must commend your content, it's well loaded.👍

 2 years ago  

My Crypto journey matter long 😂😂
Yeah.. hopefully, I might get to use my tutorial knowledge to cut off some of the errors leading to irrelevant losses.
Hive is still confusing though, maybe with time.

Thanks for the accolades and visiting 😍

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@kenechukwu97(1/5) tipped @sperosamuel15 (x1)

You can now send $PIZZA tips in Discord via tip.cc!

Ahaha, it's a really interesting journey through cryptography with downs and failures. But at least you now have invaluable experience in what not to do! Now it's onward and upward. Hive On! And Welcome!

 2 years ago (edited) 

Those moments weren't funny 🤣🤣
Yes, the experience are something I am proud of now,
It's time to go all up
Thanks for coming around

🤣🤣Yes, I imagine. I learned a lot that way myself.)

 2 years ago  

Then...it's now uptrend

Shall we😂💪💪

🤣💪🙌

 2 years ago  

"My guy, what are you up to? - Saving lives

The Crypto space is always sweet and bitter, we just hope for more sweet experience else the whole essence of trying becomes tiring

 2 years ago  

Yep..stills student doctor though.
That's our prayer, once the benefits exceeds the losses, we are good to go and it was worth it
Thanks for coming around

Hello, we have chosen this post to be curated by MCGI Cares(Hive) community. We are inviting you to join our community that study the words of God.

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 2 years ago  

Thanks for the invites..I'll be there soon

 2 years ago  

The journey to greatness starts with small steps. You will be fine, continue to do your best. Crypto is magical, it can make you a millionaire overnight

 2 years ago  

Yes.. I have heard many of those stories and that is why I am seriously into it while waiting for my opportunity to come

From 30k down to N800... God!!!
You have really been through a lot.
I like the fact that you are back on your feet and fighting on, not letting these setbacks hold you down.
You will get to that height you want, I am sure of that.
Thank you for sharing this with us.

 2 years ago  

Yes oh, I have really seen things in Crypto world but it won't be enough to stop me because the good news from people keep getting to my ear

I believe mine is loading with just a little bit consistency from my end
Thanks for coming around

I love crypto and have been doing on and off for many years. However, I never call it investing, every crypto action is a gamble. You certainly went all in! Yes can make massive profits but can and frequently will make massive losses.
It is a learning curve, a small profit is better than a big loss!
Enjoy Hive and keep learning.
Popped in via dreemport

 2 years ago  

That is exactly what I have come to understand about crypto. Taking it slow will help you a lot rather than the rush to make massive profits

Thanks for coming around

 2 years ago  

You really get mind oo. Despite those loss, you were still trying. Well, that is how it supposed to be because if one do not keep trying after many failures, nothing will come out good in the end. Thank God you finally knew about Hive and doing fine now. Crypto is unpredictable. You either gain or lose.
Thanks for sharing. I came to your post through @dreemport

 2 years ago  

Going forward was the best thing I could do as giving up was not an option
Thanks for coming around

My crypto journey started on May 2018, this was when I was in 200level in the University; It happened that I came home to take a break from my academic activities and I went to visit my childhood friend. We talked at length as it has been long since we last met and along the line, I asked him what he was doing currently that earns him money for upkeep as he was yet to enter the University. He explained crypto to me for the first time then

But why not invest more in Hive ? You now have 11 you can trade some coins for hive and grow

 2 years ago  

Thanks for the advice..... I will sure look into that

That’s great it will for sure help you and make hive start a little less daunting

 2 years ago  

Sure it will
I am always discovering new things in hive.. the community is so broad
Thanks for helping out

 2 years ago  Reveal Comment
 2 years ago  

Thank you for coming around

 2 years ago  Reveal Comment