If I could go back in time, I wouldn't have invested over $2,000 USD in a cryptocurrency. After investing in that coin, I'm now left with very little money left. The price has plummeted significantly from the purchase price. It's now so low that I sometimes feel frustrated.
The coin's price might have risen again, but I've been waiting for it for over a year. The project behind the coin was very promising, but now it seems like everything is no longer being developed, which is why the price has stabilized at such a low price.
What makes me feel so regretful is that I'm currently in a very tight financial situation. If I hadn't bought that coin, I might have been more comfortable and less worried about money. Because of that, I was truly traumatized by investing in a cryptocurrency with an unknown project and owner.
I admit that I made a fatal mistake when I decided to invest almost all of my savings at that time. Having gone through this bitter experience, I've become smarter about managing my finances when investing.
My advice: If you're interested in investing, especially in high-risk assets, be careful and calculate the potential risks to avoid the same fate as me. However, I'm never discouraged because I believe that every failure can provide me with valuable new knowledge that can improve my life one day.
This is my entry for the #weekend-engagement Contest hosted by 