During the heyday of the cryptocurrency market, I learned about Bitcoin and other popular cryptocurrencies through my friends. Everyone was talking about making a lot of money through cryptocurrencies. The cryptocurrency market had huge potential, so I thought again and again and became a cryptocurrency investor. I decided to seize the opportunity and make a fortune.
I followed my friend to buy a popular currency, ICO, which is the initial token offering. Because it was recommended by a friend, I invested a lot of money. Seeing my friends making a lot of money, I was also overwhelmed by excitement and hope.
At first, the market and many investors were full of fanatical expectations for ICOs. The price surged dizzyingly, and the inner feelings were even more passionate.
However, after the carnival, there must be loneliness, indifference, and even discouragement, which turned into a nightmare in the blink of an eye. Soon after the ICO, the market suffered a series of shocks, including intervention by regulators, hacker attacks, and the bursting of speculative bubbles. The cryptocurrency market became turbulent overnight, and prices fell sharply.
My investments had suffered huge losses, and my hopes and dreams had been shattered. I was in shock and despair, and couldn't process what was happening. I had lost my hard-earned money, and everything seemed hopeless.
I fell into great pain and felt that I had been deceived by the market and my friends. I began to doubt my ability and judgment and regretted my impulsiveness and rashness.
It didn’t take long for me to realize that sadness and self-blame could not change the past. I decided to stand up again and learn from my failure. From then on, I studied the cryptocurrency market in depth, spending 1-3 hours a day to learn and understand the technology and basic principles behind it. I understood the risks and uncertainties of investment, as well as the importance of developing a wise investment strategy.
After a period of learning, I started investing in cryptocurrencies again, but this time I was more cautious and experienced. I learned to diversify my investments and no longer put all my eggs in one basket. I also learned to control my emotions and not be swayed by short-term market fluctuations.
From 2018 to now, I have successfully gained returns from the cryptocurrency market. Despite the huge setbacks and pain, I believe that as long as I work hard and persevere, I will eventually achieve my financial goals. I tell my story in the hope that other investors will remain calm, rational and patient in the cryptocurrency market.