I always tell myself the market will go down, and as such not buy Cryptocurrencies when they are still very much low and affordable. Last week l did the same thing, but unlike other times, l wish l could take back the hands of time, to that very day and moment Binance coin was sold at 15,000 Nigerian Naira equivalent to $31 and ADA was just N153 ($0.3).
As of today, Binance coin rose to about N65,000 ($136) while Cardano was sold at about N335 ($0.7). This is a huge rise that could have made a lot of difference in my life as an average Nigerian, whose Federal Government has decided to ban the only easy route we had of purchasing Cryptocurrency at a cheaper rate.
Yes, the market is volatile, but this should not stop you from making the type of mistake l made last week. Now, the money that could have obtained 4 Binance Coin as of 5 days ago, can only afford me a quarter of it.
If you have money to invest, use them wisely and buy. Don't wait for a time you think the price will go down, because the coin has been down once and might have worked its way through to where it was before you knew about it and might still work its way higher up in a matter of some few days, weeks or months.
Someone bought 1000 BNB coin when it was sold at $0.1 in 2017. Now that it is worth over $136 (65,000 Nigerian Naira) for one, imagine how much millions the person has now. When l heard this, l wished l knew about it then, l wished so many things but also hoped that my time will come.
But in order for it to come, l told myself that l need to strat taking risks, even though l do not have the money to take much risks. I will take the worthy ones with the little l have. I do not know who wishes to here this, but here this and and work with it. May God help us all. Amen
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