2018: My Biggest Financial Mistake was selling my 2BTC, 22ETH and 400XRP for a Get Rich Quick Scheme

In February 2018, I was introduce to crypto buy a friend and although he didn't want to share what he really knew about crypto or maybe he didn't not even know anything about crypto because today not to brag I can school him on crypto and he's is not even in the crypto industry anymore, but long story short he just told that he buys when it is low and sell when it is hight, which was smart but it was just gambling because there was no research or technical analysis that was done.

I saw he was making money, so I decided to join but the mistake I made then and I regret it now, was that I didn't make any research or take my time to learn how crypto worked properly, I just joined the gambling train and because I was making money I was too lazy to learn more about crypto, so I kept on gambling this way I will buy a coin back then wait for like a month of for it to pump then I take any profit I see and withdraw it then reinvest it back. as at then it was just the popular coins Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple. Funny how Bitcoin Cash lost all it's domination over major altcoins and it is no longer relevant.

So I kept on gambling and making more and I was so happy until I made the biggest financial mistake in my life which was selling off all my coins because I wanted to make more money and I moved all my money into a get rich quick scheme, that promised to pay me back my capital invested In one month and extra, so my plan was when I get my capital back I will buy my coins back and continued trading with them with the extra profit I have made. Because I was deceived that I can make 3x of what I was making at the time, the person told me that in a month I will double or triple my money, so I fell for it I sold my 2 Bitcoin (BTC), 22 Ethereum (ETH) and 400 Ripple (XRP), dawn I really messed up I wish I held my coins I would have been rich even with the current market conditions not to talk of when crypto was at it's all-time high. Because 2 Bitcoin now is about $72k, 22 Ethereum is $59.4k, and Ripple $240. So if you put all that together my portfolio would had been reading $131,640 that's a lot of money.

But what has happened has happened and I won't make that mistake of falling for a get rich quick scheme again, the only good thing that came out of my 2018 financial mistake was that I had to double my hustle and I learned how to trade Forex and Crypto, but I learnt how to trade Forex before I joined the Crypto industry. it was easy for because the market charts are the same, candle sticks and all.

THANKS GUYS FOR READING MY POST.

PLEASE FOLLOW ME ON:
Discord: onwugbenuvictor#3447
Twitter: @VictorOnwugbenu

Posted Using LeoFinance ^Beta

Posted Using LeoFinance ^Beta