My First foray into crypto back in 2017 when XRP was around $2, I purchased around $800 dollars worth of tokens, as we know the price then went onto tank with the SEC court case. There was a fair bit of peer pressure from a few friends who also got a bit carried away! Ultimately, this pushed me away from crypto for the next few years. BTC/ ETH opportunity 1 missed! (Still holding my XRP btw!)
Roll on 2021 - I started putting money into crypto with various tokens including the likes of SLP, HOLO and ONE, albeit none were purchased with a considerable amount of money (under $50 each), but looking at it now I could kick myself!
Currently they are all down around 90%. Honestly, at this point I had no intention what so ever of Buying BTC or ETH, my feeling was that they had reach their highs and will not 1000x - i felt id basically missed my chance! Opportunity 2 to by BTC/ ETH missed!
Now, I appreciate nothing is certain with crypto and there are even long term risks with both BTC and ETH, but I decided that i was not going to the opportunity of the recent bear market, especially with BTC hitting 15k and ETH 1k!
Over the last 8-9 months I have been buying both BTC/ ETH on payday. My BTC target is 0.10 BTC and Eth Target is around 2 ETH. I feel so far behind, but I'm doing all I can to DCA.
Conclusion to this is, I have been very naΓ―ve navigating crypto over the years! It would be interesting to hear others stories and how your mindset has changed over time.
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