Lesson learned…trading cryptocurrency is very easy when you’re in a bull market. Specifically towards the end where many cryptocurrencies are taking off 20%, 30%, and sometimes 50%+ on a daily basis. I established my own little “under the radar” trading strategy and was able to 5x my money in a month without any technical analysis whatsoever.
Now this is very risky and I do not recommend investing money into any cryptocurrency just because some youtuber talked about it. Always do your own research. But I got lucky and was able to make some crazy gains.
Being 16 at the time, I didn’t really know how to invest properly. That caused me to loose 90% of my net worth in the blink of an eye. I started throwing money at different websites that promised X returns in X days…I know, rookie mistake 101
All the websites I invested in completely disappeared off the face of the earth. Some of those websites were: Bitconnect, Lazer Online, Usi Tech, Chain Group, and Bit Club. All of which were exit schemes and stole millions of dollars from people.
I had acquired this new found wealth so quickly and easily that I didn’t value it. In my mind I thought that I was going to be able to see these returns on a monthly basis…hahaha.
But overall I’m beyond grateful that this happened to me. It taught me so much. I was taught the value of money at a very young age. I learned a lot about this cryptocurrency market and that has allowed me to be in the position that I am in today.
Don’t make the same mistakes I did…maximize your gains this bull market.
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Disclaimer: I’m not a financial advisor. This video is for entertainment and informational purposes only. Everything stated in this video is only my opinion and should not be taken as financial or investment advice. I am not responsible for any investment you choose to make, invest at your own risk.