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Author Topic: Share your costly lesson about cryptocurrency..  (Read 994 times)
Taskford
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March 08, 2022, 11:53:11 AM
 #81

Been greedy way back year 2017-2018 to much token believing that they can pump more but suddenly all went down badly which I can't even imagine before and instead of gaining I earn zero because majority of the tokens I hold (ICO) died. Lesson learn from those experiences is never be so greedy upon holding especially those tokens in the market learn to take your profit whatever percentage it is and always think about profit is profit.

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March 11, 2022, 07:02:38 PM
 #82

Early last year I launched into trading full time  after a one on one rigorous training from my then tutor. I was later done learning and decided to have my account funded for the first time. All I could analyze then with was strictly support and resistance and been my first time I neglected every other thing not knowing markets too have breakout and fake breakouts and this made most of my trades fall in losses because I was strictly working with support and resistance not taking not of the candle sticks formed nor If it was a major spot for such trend. I had to learn the had way after giving to the market my first funds
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March 13, 2022, 11:46:19 AM
 #83

In 2017 I had 350000 dogecoins,which  I didn't take  seriously and gamble all of the dogs. Now, its price is 0.115, that was unpredictable and unrealistic for that time even for crypto experts. So my advice is to take everything seriously in this sphere and get as much as you can,because it may be very unpredictable what will happen...
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March 14, 2022, 12:26:54 PM
 #84

One of the costly lessons i learnt so far in this crypto journey was when i diverted a proposed fund for a project into crypto project (ICO) with the help of someone whom i met recently and found him to be living next to our neighborhood, he told me that within a little space of time i will realize 3x of my investment if i can take the boldness and never told me the other side of it, my believe was 100%optismistic about what am about to realize.

I gave the guy the money to help me as I don't know much about Cryptocurrency then, and he did it but after two weeks, i begin to notice his relationship with me isn't as before, i will have to call him, ask about the project and when am expecting to cashout without knowing he's avoiding me gradually untill he stop picking my calls, i went to his house he keep postponing my cashout untill i can't bear it anymore. Later i got to know that the project he did was a scam or he intentionally scammed me by not giving me my share.

Lessons learnt:

If i had known how to do it then, i couldn't have fall a victim, imagine me diverting a fund meant for something else into crypto project i dont even know or research about. What you dont know will definitely cost you.
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