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Once again it’s Christmas and since many shared their stories and I really enjoyed reading them here is mine - how I lost a ton of money but gained friends and knowledge.
1. I bought my first cryptos about 4 years ago while being a student and not having much spare money. But the idea to change the world as it was was worth a few $.
I did it never with the intention to get rich - but to be a part of the movement. Something was coming I thought
I did it never with the intention to get rich - but to be a part of the movement. Something was coming I thought
2. As most of the people that joined at that time and did not sell and maybe even joined Icos or bought Ethereum it was hard not to get fancy internet tokens with a huge networth over time.
I never had to invest fresh money but just started playing around with altcoins
I never had to invest fresh money but just started playing around with altcoins
3. After finishing my studies I was at the point where I did not have to search for work because crypto was my work. So I focused more and more - learned trading, was always on top of new projects. Compared FA, teams etc.
My whole world was altcoins at that point and more money
My whole world was altcoins at that point and more money
4. I went from investing in coins waiting until they went up to monitoring, actively trading and also the ICO game. (I honestly thought before xrp will revolutionize the banking system...learning curve right?)
I started reading twitter and also got more engaged on telegram
I started reading twitter and also got more engaged on telegram
5. A early growing system and some parabolic moves like xrb to call the last one later I thought crypto changed my life. Made me a wealthy man and I could do anything I want. There was no Intension to ever work again.
6. As I had a lot of time for reading etc. I also followed advices like spread your capital. I started planning and building a house complex to get passive income in real money.
I cashed out money to have my tax always there before it comes at me to reduce the risk.
I cashed out money to have my tax always there before it comes at me to reduce the risk.
7. But I did a big mistake and honestly did never think that could happen to me - but people got into my apartment and emptied basically all of my crypto I owned. I was destroyed - mentally broken and completly done in my mind.
But I had cashed out money and had houses right?
But I had cashed out money and had houses right?
8. My cashed out money was eaten by tax payments. My houses were not finished and I couldn’t afford to let them get finished nor could I even pay the bills that were coming my way from it already.
So in just one moment my life turned completly and I not only lost crypto but all
So in just one moment my life turned completly and I not only lost crypto but all
9. what I had been building up over the past years.
I am living in a small 1 room apartment - had no savings, no job and no working experience. Putting all my eth wallets together I was left with around 2 Eth after the me dust settled.
I am living in a small 1 room apartment - had no savings, no job and no working experience. Putting all my eth wallets together I was left with around 2 Eth after the me dust settled.
10. But way more important - I had awesome friends left. Who put my head up and said they are sure I get all that back in no time.
I even got so much confidence and took out a loan to trade all back (in April lol) - but couldn’t sleep so 2 days later paid it back.
I even got so much confidence and took out a loan to trade all back (in April lol) - but couldn’t sleep so 2 days later paid it back.
11. I started my channel and also my twitter to gain motivation and to keep my head up - because it’s hard....insanely hard after that losses.
Also I got a worse trader - I got greedy. I had to learn again and adapt.
Why sell for 5% gains when it’s only 20$? Exactly!
Also I got a worse trader - I got greedy. I had to learn again and adapt.
Why sell for 5% gains when it’s only 20$? Exactly!
12. I started grinding again, 5+ a day reading, researching, learning and working.
On the same side i started studying again on the university - to have a second option just in case. Which also cut the time for crypto - hence my profits? Probably not though!
On the same side i started studying again on the university - to have a second option just in case. Which also cut the time for crypto - hence my profits? Probably not though!
13. I got rekt many times being greedy, going too big into risky things etc. I learned and adapted. The first months my gains were mostly only enough to pay my monthly living costs and studying. But I adapted, tried harder, researched more and learned from awesome guys!
14. Now I finally reached my first target again - I am back to a bit over 10 bitcoin. I found 1 Bitcoin on an old Bitmex this month -so let’s say almost 10 from grinding.
I am still far away from living a good live again, having cash for all I want or even having much Fiat at all
I am still far away from living a good live again, having cash for all I want or even having much Fiat at all
15. But thanks to my friends in crypto as well as my teachers I reached my own personal Christmas wish or Christmas wonder!
And I wish everyone a wonderful Christmas and family days too!
I did not believe I would come back at all - but some did.
Thanks @RJ_Killmex and Rao!
And I wish everyone a wonderful Christmas and family days too!
I did not believe I would come back at all - but some did.
Thanks @RJ_Killmex and Rao!
700 days passed
Many friends and personalities on top that I met, trade with, and share my daily thoughts
I am comfortable living again with my trading income and looking to expand in Crypto as well as in my private life
Early Merry Christmas - and all of us can mek it together
Many friends and personalities on top that I met, trade with, and share my daily thoughts
I am comfortable living again with my trading income and looking to expand in Crypto as well as in my private life
Early Merry Christmas - and all of us can mek it together
