Entering crypto: first steps
2023. I'm 25 years old, and I decide to dive into the world of cryptocurrency. I know nothing about the market, but I eagerly absorb information: I watch YouTube, read channels, listen to advice. The first thing I buy is Dogecoin and Shiba Inu for $10. It was an experiment, an attempt to feel the ground.
Later, after some time, I decided to invest another $10 in Bonk. And, surprisingly, it became my first successful deal: I made a $100 profit, withdrew it, and bought flowers for my wife and daughter. At that moment, I felt the taste of success.
Notcoin and faith in projects
Then Notcoin appeared. I played it, not really trying, only logging in during moments of boredom. I didn’t believe in the project, but ultimately earned $400 just by tapping the screen. That was the moment I thought: 'Here it is, crypto that really works.'
From that moment, my journey from a casual player to someone who began to seek not only entertainment in crypto but also a way to change my life began.
DOGS and the beginning of a long journey
After the success with Notcoin, the DOGS project appeared. Here, you didn't have to do anything – just log in, register, and wait. A month later, I received $200, without any investments. This was a project from Notcoin, and I completely believed in their ecosystem.
But it was here that I made my first big mistake. I was among Notcoin fans, people who believed in the project with all their hearts. Their faith infected me, and I decided to take the first serious step – a loan.
$1000 on the loan that changed everything
I earn $400 a month. For me, $1000 is a huge amount. I took out a loan for 5 years at a 100% interest rate, meaning I would have to pay back $2000 in total. But I believed in the project.
I bought tokens at $0.021, convinced that the price would reach $0.06, as everyone around said. But reality turned out to be harsh: now the token is worth $0.0025.
Second loan – second mistake
In November, a new project from Notcoin was released – NotPixel. It was a game where you had to color pixels and mine that way. I believed in it again, took another $1000 loan. The banks no longer gave me money, so I asked my wife to take out a loan.
I was sure that I would at least double my investment. In the worst case, I hoped for $2000, and in the best – for $6000.
But after a few months, following the listing, the project experienced a mass dump. The price immediately fell from $0.68 to $0.20. I had an average purchase price of $0.50. I waited for recovery. Now the token costs $0.056.
Shattered hopes and harsh reality
I realized that I was not alone. Thousands of people around the world lost money. People who, like me, believed in the project ended up in terrible debt. Some lost their last savings, some lost their families. I read about divorces, about people who couldn’t bear the pressure and took their own lives.
But the most important thing is that I realized that one should not blindly believe in projects. Everything that surrounds you in crypto is someone else's personal interests.
The last hope – GOVNO
I decided to convert everything I had left into the token $GOVNO. It was about $300. I bought GOVNO at $80 each.
Now it costs $17.
But I continue to believe in the project. I believe that in 5 years it will pay off all my debts, which by that time will amount to $4000. And maybe there will even be a couple of dollars left for beer... or for a rope with soap.
What's next?
In 5 years, I will pay off my loans. And in some parallel universe, perhaps I will live happily, forget about crypto, and start a new life. But in this reality, I have only two paths: to come out ahead or to break.
Now I know one thing – never trust words, do not give in to emotions, do not believe in easy money. In crypto, those who remain calm and calculate risks win, not those who dream of millions.
I made my choice. Now I just need to find out where it will lead me.