I got my first $ETH bag in 2016.
Rode $6 to $1500 per piece.
I was 19 back then and learned expensive lessons.
Then I made it big time.
🔸My story on success for you:
Most people around me hadn't heard about crypto back then.
I'm a software engineer by heart so naturally I was drawn to the blockchain technology. Started mining and earning around ~50 $ETH per week.
My initial idea was to stick to the tech part of it all. Then I started trading.
At first I let emotions guide me. I was trading within the $6-$13 range so I lost some of my bag during dips and buying back higher.
The good ol' 'Buy high, sell low'.
🔸2017 bull run
This is the time I learned about cycles when $ETH reached around $1500.
This meant that my mining had effectively earned me around $75k per week.
Yes, converting that to losses also increased them exponentially but I was deep into the 6 figures.
And that felt amazing.
🔸Took profits but also roundtripped some while Ethereum went down to $80
But I kept learning and grinding. This is how I entered a new position when everyone back then seemed to think that $ETH was done.
🔸The 2021 rally to $4500
I took profits all the way up. Started DCA out at around $1.5k. Some could say it was early but I didn't care. I got my money and that's all that mattered.
🔸Bear markets
What I did during this time was:
- Learning all the time about finances & psychology
- Got into the stock market as well
- Developed a strategy of pulling profits to real estate and that's what I'm going to do this cycle
- Developed my business & skills so I don't 100% rely on market direction
I can give you valuable advice on how to make it while cycles are developing.
I can probably help with other things too and that's why I'm here.
But most importantly I'm still learning and I'm here to share knowledge back and forth with you.
I'm aware that this will be read by 1 person most likely
But if this helps you - my mission is done.
🔸Good luck to all!
[UPDATE] Major green level held with a deviation below. Major red area acted as a resistance where price rejected.
Swings should be played in a similar fashion
Let me tell you a bit about $COIN and how to generally benefit from such a freefall
The green areas I've marked are potential entries (reversal points for a buy).
Area 1⃣: Good & liquid, could turn into a great long. Either use a tight SL or reduce your risk significantly so that you can use the next area as an entry too.
Area 2⃣: This is where I expect chaos and liquidations to stop at. The range low has quite the chance to get breached (especially since $BTC is showing such weakness) and this will lead to a wick down to this area (where more liquidity is stored).
🎯This is the BUY plan. If area 2 does not hold, I'm cutting the position, refining and looking for another entry.
@Crypto_Salad@UNCX_token@0xAgix They explicitly said that though. Trying to buy cheap tokens to migrate may have seemed smart to you but sometimes you get outsmarted 😉
I'm quite certain you'll be given another chance soon to make a good amount of money
But you really have to level up to make the best out of it. And this does not include following clueless influencers with 0 market understanding
Also excludes following mainstream strategies that make you a slave to the market & an eternal holder that never sees a realized profit
I'm quite certain you'll be given another chance soon to make a good amount of money
But you really have to level up to make the best out of it. And this does not include following clueless influencers with 0 market understanding
Also excludes following mainstream strategies that make you a slave to the market & an eternal holder that never sees a realized profit