Topic: My investing journal (Read 108 times)

Hi everyone,

I am kind of new to cryptocurrency and i am only just a half year in so far.
I want to share with you my investing decisions, mistakes and lessons in this thread and i hope it is useful to someone .

I started of with 1200 euro which i invested.
My first investment was ( you can guess it allready) Tron.

My reasoning behind it:
- low price ( did not look at market cap at all, learned that later)
- hype surrounding it
- ali baba connection with jack ma

Results: turns out i made a lucky “gamble” because it pumped to about 17 cents(coming from 3)
Action:
I decided to hold it, why? Because i thought it would pump all the way up to a couple euro.

Eventually it dropped, i panicked and sold at 6 cents.

I then tried to invest in other shitcoins trying to ride the pumps and lost alot of money doing that.
I decided to try it once more with bitcoindiamond, i read everywhere be careful with this coin, i saw it being pumped 250% then dumped and pumped again.
I went on it and tried to time it and failed..
i lost 25 percent of my balance.

I decided now to take a breather, read some topics online join some telegram groups and think of a better strategy

I decided to pick Vechain because i learned to look at the roadmap , whitepaper and pay attention to partnerships .
I went all in this time, believing all the moonboys who were saying x 100 in q2
I saw other coins pumping hard but vechain was so stable and barely moving.
Hmm maybe put some of my vechain balance in other coins make some profits and accuulate more vechain?
Yeah lets do that !
But everytime that i sold some ven and bought something else ven started going up and afraid to miss that x100
I kept buying in at a loss only to see it drop again...

This was part 1
Part 2 will be in my next post