In the world of crypto, even the smallest moves can teach us the biggest lessons. For the past 30 days, I embarked on a simple yet eye-opening experiment: buying $1 worth of crypto every night at 9 p.m. My goal? To explore the power of consistency, diversification, and timing in the unpredictable cryptocurrency market.
By the end of the month, I had amassed 30 unique cryptocurrencies, each with its own story, risks, and rewards. Here’s what this hands-on journey taught me about navigating the volatile world of crypto investing.
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The Plan: $1 a Night, 30 Different Cryptocurrencies
I wanted to create a low-risk strategy that would allow me to explore the cryptocurrency market without spending a fortune. Spending $1 each day on a different coin seemed like the perfect plan. I thought diversification would reduce the risks and give me a balanced portfolio.
But as the days went by, the reality of cryptocurrency investing began to reveal itself.
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Lesson 1: Cryptocurrency prices move at lightning speed ⚡
The first surprise was how quickly cryptocurrency prices change.
Some nights, the coin I bought went up 10% or more overnight.
Other nights, it went down just as fast.
The constant ups and downs made my portfolio feel like a roller coaster. Despite holding 30 different coins, the big swings in the overall market made most of my portfolio move in the same direction.
👉 Bottom Line: Volatility is key in the crypto world. You need to be prepared for wild price swings, both up and down.
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