Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.
People don't understand the logic behind investing on bitcoin, it's not just by mouth, actions and things we do and research all about matters alot, in your case you're very lucky to have started well but along the line almost loss everything, we are not meant to be scared about investing with bitcoin, people just don't understand the difference between selling and hodling and how theu can mingle the two together.
Maybe I did not really understand what I was doing then, sometimes when something is introduced to you, you will much interested In what you can get than learning what's all about, I think that's where I miss it. If is now I will not have lost my money or be scared of losing more. I guess that's my lessons and experience.
I like your advice people need to read it. Thanks
Hello guys, I have had quite good and bad experience trying to learn bitcoin, in 2012 someone came with blablabla stories of bitcoin, guy's is not funny! I turn deef ears to it but after a while I keep hearing crypto currency, so in 2016 that's about 5 years interval I decided to give it a try by putting all money I have work so hard to go back to school because they said the more volume of your money the more good trading experience but unfortunately it wasn't juices in my favour and I lost almost everything in attempt trying to recovered.
People don't understand the logic behind investing on bitcoin, it's not just by mouth, actions and things we do and research all about matters alot, in your case you're very lucky to have started well but along the line almost loss everything, we are not meant to be scared about investing with bitcoin, people just don't understand the difference between selling and hodling and how theu can mingle the two together.
Maybe I do not have a better understanding then, sometimes when something is introduced to you, you will much interested in what you can get than learning what's all about.
Well, that's my lessons for the time past, I hope to do better now, bitcoin is all about patients and continues knowledge driving project than gain kind of business or quick rich scheme.
I love your reply I wish many people can see it. Thanks
Hello James
Welcome to bitcointalk forum
Your experience is not very special since thousands were like you and lost part of their savings after the price collapse. All it takes is to give the experiment more time for prices to recover. What you can really regret is that in the early years of Bitcoin, you were among the first to hear about it, but you did not pay enough attention to it, and it cost you years after that to know its value and realize that you missed opportunities that may never return again in the same way.
The experience is what I actually lack sir, I guess that's why I lost my money. Assuming I understand the cost of time factor and value as you said I would stick to it since my wallet was intact and the figures value was intact Also by now I would launched great mansion and empire of my own world but is all good, as time progress we keep learning. Thank for your kind reply and advised.