The first time i really got introduced to crypto was only about two months ago, when a friend of mine started mining ethereum.
At first it seemed nothing for me since i know nothing about programming or computers, but after watching some youtube video's about ethereum, my knowledge about blockchain ethereum and crypto grew along with the sense that this has to be the best way to invest in the future.
So after learning about all these different kinds of altcoins and all the different companies and ideas behind them (still learning today), another friend of mine allso got intersted, and that was great for me because programming used to be his hobby. As i got to understand the fundamentals of blockchain, decentralization and different value propositions of the different altcoins, based on blockchain solution i couldn't wait to put in some money:)
Half way through september was the magic moment. My friend and i had downloaded an electrum wllet and bought 200 euro's of bitcoin. The timing was allmost perfect it was the day after the China fudding and bitcoin was only around $3500.
More luck the wisdom but who cares:) Learned more about technical analysis in the mean time,(if you are interested in learning techical analysis or TA yourself i recommend you watch datadash on youtube) Allways fun too see you made a good decion by accident.
Buying some bitcoin was nice but if you look at youtube (and i watch a lot of coin reviews) the keyword is diversify.
Next buy was not really based on a long term strategy, it's ripple, not so much for it's value propostion which in my opinion is great by the way, but because off ripple swell next week (hope to cash out on the fomo). Still thinking about keeping some because off all the optimism. We'll see next week:)
To buy this ripple the easiest way was to set up a bittrex account. That also made it easyer later on to add other currencys. To stay on point, after buying some ripple i allso added 3 litecoin a couple of days later.
Learning more about different other kinds of altcoins like
neo: an enterprise solution on the blockchain, some call it the ethereum of china.
Omisego: a payment solution that is a token brought out by an allready existing company so no ico.
Ark: has a multitude of enterprise solution value propostions the strongest one in my opinion is bridging, where they are making a bridge or connection between different blockchains
Tenx: another payment solution, that in fact has a workin card sytem at this time (ahead of the competition like for example monaco)
If you want to know more about any of these coins or the next coins in my portfolio, watch Datadash on youtube for a more indepth analysis (he has covered all the coins in my portfolio).
neblio: datasecurity on the blockchain very small market cap a bit risky but has doubled in price since we bought some two weeks ago:) only available at poloniex and that is not convenient.
chainlink: making a link between different enterprises and blockchains so also an enterprise solution, you can get it on binance
This all seems nice but off course there were the big mistakes as well:( Lost a lot % with trying to swingtrade!!
If you know what you are doing it's cool for me as a newby to hard,. Three times i had my levels set on around 5 to 10 % profit saw the day after things were going down and traded back for bitcoin. One or two days later theys had still reached my sell levels or at least a couple of % profit. So experienced the fud first hand here:)
Allso mad a brutal misstake missing one zero somewhere while doing a sell order on bittrex, those satoshi's are very inconvenient, way too many zero's, cost me about 150 euro's, selling for 10% of market price. So now i doublecheck my orders 3 times:)
From now on no more short term swintrading for me:) learned my lesson. Good time to wait and see if the altcoins follow bitcoin up soon:)
In the near future i am allso planning some Walton vertcoin and navcoin.
That is my short but rollercoaster like ride in the cryptospace,
If you have any Comments or suggestion or questions about my story or portfolio or anything else, Don't hesitate to put it down there, in the comments and upvote my cryptojourney if you liked it or found it usefull.
Thank you
