Crypto Cycles .:. There is a time to buy, and a time to sell

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Published on Nov 12, 2020

About :

In this video, I have shared my personal story about my beginnings in the cryptocurrency world and some of my observations that I have made during that journey...

I had one small "excursion" into the world of Bitcoin and Litecoin, back in 2014... I remember that I have bought 1.5 BTC when it was around $400 and the price went down to $200, I started to panic and sold my BTC with a loss... That was the first lesson that I have learned, to not panic when it starts to go down... At that moment, I decided to go out from crypto and "never" come back...

Of course, that didn't happen... lol... As I had a lot of experience in computer hardware, in spring 2017, my friend triggered me to think about mining Ethereum... The price was under $100, and it was kind of "late" to start with mining, but luckily, I bought a couple of GPUs, build my first rig, and start mining... That was probably my second important lesson about crypto... It's never too late to start with crypto, even when you think that it is...

Regarding this, I have heard just today in one Telegram group someone said: "People will still buy Bitcoin at 20K, and lose money"... Well, yes they will, and maybe I will too... Is it too late, or too early, or a bad decision, or a good decision? That will time tell when Bitcoin hits 100K, or go back to 5K... So, it's another important lesson... Don't judge certain things, especially if they are still in the early phase... We have hopes that BTC will hit 100K or 1M, but we have no idea how BIG, or how SMALL can it be... We can just wish and guess...

I saw Bitcoin going down back in 2014 and panic... Saw Bitcoin at ATH, didn't sell it... So, maybe now it's the right time to do things right...

I'm not selling my crypto now

Check out the video about my journey until the present day, my current thinking, and some future moves...

PS. This is not a financial advice, bla, bla... But, really... Do your own research...

Thank you for your valuable time,

~ph~

Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
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