Throughout my journey in the cryptocurrency market, I experienced a rollercoaster of emotions, learnings, profits, and losses. It all started in 2017 when I first heard about Bitcoin and how some people were getting rich quickly. Driven by curiosity and the desire to understand this new universe, I decided to dive in headfirst.
At first, it was all very confusing. Terms like blockchain, mining, altcoins, and wallets seemed like another language. I spent hours researching, reading articles, watching videos, and participating in online forums. I bought my first Bitcoin when it was on the rise, and within a few weeks, I saw my investment grow considerably. The feeling was incredible, as if I had discovered a secret that few knew.
However, the initial euphoria didn't last long. In 2018, the market underwent one of the largest corrections in history. The value of Bitcoin plummeted drastically, and many altcoins I had bought lost more than 90% of their value. It was a shock. I remember staying up at night, staring at the charts, trying to understand what was happening. It was at that moment that I realized the cryptocurrency market was much more volatile and unpredictable than I had imagined.
I learned the hard way the importance of diversifying my investments and not putting all my money into high-risk assets. I also understood that emotion is a terrible advisor when it comes to trading. I bought in euphoria and sold in desperation, exactly the opposite of what I should have done.
Over time, I became more disciplined. I studied technical analysis, learned to identify trends, and set clear entry and exit goals for each trade. I also began investing in projects I truly believed in, with solid fundamentals and committed teams. This helped me weather the market downturns, as I knew I was betting on technologies with long-term potential.