No Other Coin Can Recover Like Bitcoin
Image by Gerd Altmann from Pixabay
Last 24 hours bitcoin price was above $60k and a few days ago the price was down to $49k worth price. It simply recover in a short time where Altcoins are not recovering as faster as bitcoin. Bitcoiners are now a subject to make me feel jealous because I'm not yet a bitcoin holder and I want to be a bitcoin holder. This is not my time to afford buying bitcoin but bitcoin investment is always recommended even when I'm not a financial advisor or expert individual in crypto industry. I don't even dare to buy after experience several losses for my wrong decisions on crypto trading.
I console myself by saying that I learn from my mistakes and my mistakes cost me big money. There is a hope of gain and someday I may recover my losses from crypto trading. Here holding is the key and I think I know enough to avoid losses but every time I make the same mistake and so impatient on holding.
Honestly when I hold, market get red and when I sell, it start getting green and once again this happening with me by compromising around $400 dollars. Making crypto asset may sounds easy but when market is moving against your plan, you only can hold for the right time.
Last year on August I had a big loss for experiencing crypto scam. Scammers ate my earning of two years and that still remain unrecoverable. It make me feel like a loser and today's loser can be a gainer of tomorrow but repeating mistake can cause loss instead recover. I still need around $1.5k dollars to recover the loss.
Fortunately some losses recovered as I lost more than $2k dollars in scam and $500 or more in wrong trading. I made wrong decisions and learn from that but couldn’t apply the lesson on trading these days. I sold when the price is far away from my buying price.
Nothing to be demotivated from my trading experiences, especially when I know I'm responsible for my own decisions and losses. Taking time to recover but someday I'll proud of my decisions and I'll trade crypto wisely but I need to learn lessons from the mistakes I made or making ignorantly. My plans are not working but once it was working for me.
All I need to work on bringing back those days when my plans were synchronized with the market move and helped me making profit. Bitcoin will be always my future plan for buying crypto because I can see good potentials of it. I encourage my crypto observer friends too to buy bitcoin when it shows red candle. Right decisions on crypto trading can help us to make profit and taking time is a must.