My bitcoin journey how i started, what i have learn till now, the pros and cons of bitcoin, the mental troma and the sleepless night which i had faced in the beginning due to high fluctuations in the market and many more thing which i have learned from the market would like to share in this blog. Firstly i would like to tell you that i am 20 year old and had no experience of trading or investing in any kind of markets,so it may be a stock, commodities, forex or gold. so you can called me a very immature or a beginner. And i begin my journey in which market you would have guessed it till now if you are reading the article. Yes it was bitcoin. so bitcoin never traded or invested anywhere and i started with bitcoin. It was my start i started trading from the first day and i got immediate success. I was very happy with my success and everything was looking like a easy cup of tea, and easy money to make from this market. After my initial success which i got from my trading i was very confident and started tradi g more. After a few week i realise i was not making profit and the day would go even steven i was not in profit nor in loss. I was not disappointed because i was not in profit nor i was in loss and it was my initial stage in market so i would tell myself " the next day would be good". So slowly slowly i realise that i was not making profit and its been a week rather it's declining, and the profit which i had made earlier was also declining slowly. After a month the profit which i had made was vanished and i was left with my seed money. So what i got from my one month trading, nothing and the stress and selpless night which i got that's the different story. The mistake which i did was that i was not knowing anything about trading, and every trade which i made was purely on luck as i was not knowing anything about technical analysis or any sought of other analysis.so the advice which i would like to give to the beginner is that please don't do trading if you are starting in any market my humble advice. If you want to trade please learn technical analysis. As you know luck don't stay for a long time or you can also called as you dont win lottery everyday so i was playing a lottery with evey trade and chances of winning a lottery is then 1%. So what happen i lost and started losing my seed money. Now each and everyday i was facing loss and this was the time when bitcoin was also falling. Many of my friend which had joined bitcoin started living the market because of huge loss. Because when we entered the market the bitcoin was at the peak and was about 18000$ from there the market was dropping each and everyday.lots of my friend have leave the market because they where here for a quick money and the expectations from the market was not fulfilled so they took a quick loss and left.
So why i am still here when market is almost 6000$ the big question. Before entering the market i saw an interview where they were discussing about bitcoin and about the prices and it was at the peak. Dhrv rathee a famous youtuber from india was also at the panel of discussion and he said "dont invest in bitcoin for quick money instead invest in technology and you if you have belive in it". So my straight answer is i believe in bitcoin and its technology. I am here for a long run as the technology is revolutionary and it will eventually succeed in a long run. I don't want to be negative in such a bear market instead it's right time to spread positivity because everyone would stand behind you in your good time and so one will be there in your bad times. Same is happening with bitcoin. Everyone has something bad to say about bitcoin and its right time for our community to stand behind it. Because it's a furture.
At last i want to say stay positive spread positivity and be positive about bitcoin my portfolio is about 70% down but i am not worried at all because eventually we will succeed in long run. The collapse is temporary but the future of bitcoin is very bright.
