New to the Cryptogame and learning painful lessons along the wayI always believed that you learn the most when you get hurt. I dove into the market with the fear of missing out on the tremendous upside and potential of this platform. I have long been programmed by the mainstream institutional investors that getting 10-15 gains are the best. I have risked a lot in the stock market before and have been fairly successful so this is yet another endeavor into something new. The first mistake that i made was getting swooped in by the herd mentality and thinking that I was still early in the game. Besides I was the only one talking about bitcoin and its potential. So I figured there's time and since everybody else was not able to take I chance. I went ahead and decided to jump in. Unfortunately I got trapped into the coinbase waiting game and wiped out about 30 percent of my initial investment on paper. When the correction was happening I kept thinking in my head that I should pull out and save the remaining capital. Fortunately, the same thing that got me trapped during the fall also prevented me from getting out and actually realizing the loss. Its just paper loss so far. Then came the lessons learned from the stock market crash during the bank crash. Dizzy and nauseated by what appeared to be an imminent crash all the way down to zero a sudden calm state emerged. Ive been here before. Ive done this before. One mistake on the upside cant be corrected by another mistake on the downside. Painful lessons being learned will hopefully translate into success into this new platform. To all the ones that are dipping their toes...educate yourself, learn from the experience, and tread cautiously. Take your time and contemplate your actions. In time if you truly believe that cryptocurrencies are not a scam or a ponzi scheme...things will be alright. Here's to learning growing and maybe making a new living!
