How I turned my $100 into $1 〽️.
and you can learn to do it too.
I guess it's absolutely genius as only a few people can do this. I invested in a random coin called C98 a few years back, thinking that I would double or triple it in a few weeks because everyone was saying on the group and forums that the price of the coin could reach $20. Without any doubt, I put my $100 at the rate of $4.4. Then it boomed 💥 backwards, the price started to fall down, and down ☄️ I just kept watching for some days and placed a sell order at $10, then completely forgot about it, because in the back of my mind, I had a belief that it would eventually cross my benchmark one day.
Now, it is around $1 in total, which is unbelievable - 99% of its value just vanished all of a sudden.
isn't that awesome ?
It's not about the absolute value; just look at it in percentage terms!
Actually, I never paid much attention to that coin after investing, but now I suddenly realised that I had invested 100 dollars in it, and when I checked the value, I was shocked 😲. So, I congratulate myself for completely overlooking this brilliant investment.
Key Takeaways- If you want to do the same.
-Believe the hype blindly, trust them without question.
-Just hold indefinitely without any plan, hoping things will work out.
-Forget about Stop-Loss orders.
-Invest Emotionally.
-Ignore long-term fundamentals and jump into whatever is trending.
-Go all in, even if it means risking money you can’t afford to lose.
- Ignore your investment completely.
Jokes aside, learn from my mistakes—don’t do this. I would say, learn to trade, understand the fundamentals and technical prospects, and educate yourself about crypto and its real-world uses.