a message to pass on from another person's experience ..
I accidentally bought 15,000 XRP instead of 15,000 USD at 2.75
I had a rough year, 3 years ago I bought 1 bitcoin at 23,000. Then I invested more money in a guy who gave me 24% every year, with him I had about 75,000, but something happened and 55% of the money was frozen. I told him I needed him to give me the equivalent of my frozen money in bitcoin, and I told him it was his bitcoin until he got my money back. Time passed and bitcoin reached 72,000.
He instantly told me to hold his bitcoin and instantly the next day it dropped to 66,000. What I thought at the time was that I would wait for it to reach 72,000 but time passed and a year later it dropped to 53,000.
I got scared and sold it at 60,000 which means I had 133,000 USD in total. A month and a half later bitcoin went up to 105,000. Before that I tried day trading and lost 45,000. Now I only have 85,000 USD and I accidentally bought 15,000 XRP at 2.75.
I waited for it to come back and well, right now it's at 2.3.
I learned 5 things
- If you don't need the money, don't move it.
- Only look at your investments once a year
- Don't let money be your source of happiness
- Don't use futures
- I don't know anything about crypto
Conclusion:
I hope this stupid mistake of buying 15,000 XRP is a sign and I don't see it until 5 years have passed. I hope you don't make the same mistakes I did, and don't think you'll keep earning more and more in your job, because sometimes you're at the top, and sometimes you're at the bottom. Have a great day