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  • karan.batman

    •

    3 months

    Realised where I’ve been going wrong with crypto

    I first got into crypto years ago when Bitcoin was around 18k USD, it had already exploded as far as I was concerned, I was late to the party. I wanted to invest my ~$500 into something that could potentially make me rich if I chose the right coin. Even if Bitcoin eventually doubled in price which would be huge, I’d still only have $1000 which seemed boring. Instead I’d buy newer more volatile coins with low market caps hoping to 100/1000x my money in a short period. Dump $500 into a coin that goes up a bit then down a lot more, cut my losses and think I’ve found something better, rinse and repeat till my $500 is practically dwindled down to nothing anymore then invest new money and do the same again. Wouldn’t like to guess how much I’ve lost over the years but looking back, if I’d have just put everything into “boring” Bitcoin not only wouldn’t I have lost money but I’d also have a nice amount of savings. Here I am today looking at Bitcoin near 100k and a couple thousand ready to invest, even if Bitcoin goes to 200k which would be huge I’m still only gonna have <$5k. Any shitcoin recommendations?
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