I started my crypto journey in 2021 and this year I show opportunities as also many some drawbacks. But at the end of the year, I could say that crypto has changed my life and I can run my life depending on crypto. I knew about cryptocurrency from 2015/2016 but never worked in its ecosystem or just go preev after 4/5 months and saw the price of BTC. At the beginning of 2021, I got an Airdrop(I am thankful for the moderators and admins of that project) that helps me to get into the crypto world. I sorted some points about losses and gains.
Losses:
I always try to figure income sources that come from passively. Whenever I saw that any project gave an opportunity of earning passive income, It caught my attention. I saw some gaming projects on wax blockchain that are giving passive income by investing in them (purchasing gaming items). So, I put more than 50% of my savings of crypto, put on two projects. Believe me, it was the worst decision I have ever made in the whole crypto journey. I withdraw my savings from a project that have huge potential at that time(still with high potential). These 2 projects give me nothing but dust tokens with zero value of money. Still, now, I can't even get 20$ from these two projects. Waste of money, waste of time, wrong decision of withdrawn savings.
When any high-potential project was listed, most of us knew that it made many corrections before reaching a high price. A couple of months ago, a project of my holding got listed in tier 1 exchanges, I dumped it after a couple of hours, I thought, the token will be dumped again, so I should exchange them now. Yes, they dumped. But after some days they gained 400% compared to the price when in sold.
In the beginning, whenever I saw any coin or token performing great, breaking all-time high prices. I brought some of them. But just then the market crashed. I waited months to recover my losses.
I made many silly mistakes like sending coins in the wrong network, lost seed phases and authentication phone, forgetting to put stop loss, and many more.
If I side all the mistakes and decisions then I can say that 2021 is a better year to start a journey of crypto. I mentioned some achievements of crypto ecosystems.
I got lots of airdrops that get me a good amount of free money to start the beginning. I just keep on my eye on various youtube channels and telegram groups that help me to know about new airdrops.
We all know that the crypto world is full of opportunities and scopes, so I keep my eye on various exchangers and projects, that might give any promotional offers to engage more users. Sometimes, these types of promotions give me a good amount of money.
I met lots of people that helped me to build a community. People from different fields of crypto helped me to gain knowledge and information about the market.
I admit that the crypto market is full of ups and down but if we research properly, we can be wealthy by crypto. Crypto is a well with no bottom, and I'm still a learner of this market, need to learn lots of things.
This article was mainly published from my Bitcointalk profile: My 2021 Crypto Journey