I've only experienced regret and failure since I entered the #Crypto industry. You're probably wondering what kind of regret/failure this is and what the story is behind it. Yes, I will tell you about my crypto experience and why I failed so many times.
We all know that one of the most important aspects of cryptocurrency is passion and consistency. If you lack patience, this is not the industry for you, and you should leave. One of the most basic elements of the universal truth is patience.
I have never made any money in the 7-8 years that I have been involved in the Crypto realm. However, I have invested several times. However, in the crypto world, but I never seen good days. Instead, for the past two years, I've been a part of the #HIVE ecosystem, which has helped me launch my career and earn money. I am grateful to the HIVE ecosystem and the #HIVE community for this.
That is how the crypto industry is easy to get into but difficult to earn a profit from. If it were simple, people would not go to offices, start businesses, or work as labourers in the construction and other labour markets. If it was so simple, people would stay at home all day and generate money in simple ways.
However, generating money through cryptocurrency is not as simple as we imagine. It takes time and experience to make money for you. In the same way that we learn from primary school to graduation and master in order to achieve a decent career. This period of time need your 16-18 years of life to provide you with a decent career and you begin and start earning money.
So, how can you start earning money from #Crypto after only a few months or years? According to my experience, the more time you spend in the cryptocurrency field, the more money you will make. So, any newcomer reading this article should keep in mind that it is not easy to start earning money from #Cryptocurrency if you are new.
This is applicable to all types of crypto projects, including the #hive ecosystem. I recall that when I first entered the HIVE ecosystem, I couldn't earn any money for the first six months. Several times over this period, I considered leaving this platform because it was not paying me. But I kept working hard because I had numerous failures in the past and keep on thinking that this time I will show consistency.
It occurred to me that one of the reasons I have not made much money in this market is a lack of patience and consistency. So I resolved to continue working for years in order to enhance my earnings. During this time, I invested a significant sum of money to help me get started in my career. As I spent time, I noticed that I was making money.
When I first started investing in #Binance for the purpose of trading and investing. Because I had xero experience at the time, I lost half of my money. I reasoned that if I invest today, I could double my money in a matter of months or weeks. I had no idea about analysis, news, chart reading, indicators, market liquidity, orderblocks, and other topics.
When I lose more than half of my money, I panic and leave the platform, cashing out the rest of my funds. After a few months, I returned to the same site, convinced that I needed to recover from my losses. This time, I decided to make a long-term investment.
I invested, but then I heard in my nation that #URDUBIT, a Pakistani exchange, was going to shut down due to the country's crypto restriction. Again, the market was in decline, and I became concerned that my assets would be frozen if I did not withdraw. I withdrew at market value and took another loss.
I discovered the Steemit platform for the third time and decided to start working on it. I started this platform with $500 and worked for around 6 months, earning 1000 STEEM. At the time, the value of STEEM was greater than $8. I was relieved that I had finally made some money and that it would continue to grow in my wallet.
However, I was unaware of the STEEM hardfork news, and many whales and users had scheduled their accounts to power down. You believe that the price of Steem begins to decrease rapidly, and that it reaches $2.1 in a matter of months, at which point I have all of my steem in liquid form. I quickly sold at $2.1 and took another loss.
After that, I missed a #Bitcoin rise that recently peaked at $60,000. This is due to my fear that I may lose more money that I cannot afford. After a year, I became aware of the #HIVE ecosystem. This time, I looked at and researched this site and decided to join it.
When Bitcoin was at $45,000, I began investing in #HIVE at $1.04. This time I came up with a large sum of money, perhaps $3500. I kept investing, and the price kept dropping. My most recent and last purchase was $0.55, and I have finished my funds for further investment.
But I'm not giving up and will continue to work hard on the platform. I began to show consistency and patience in order to achieve success this time. Now, thanks to God, I've managed my career and am on my way to profitability. If the price of #HIVE rises above $0.5, I will benefit completely.
This is the story of my regrets and failures in the cryptocurrency sector as a whole. But, once again, patience and perseverance let me stand and move closer to success. So, the moral of this story is to always learn and get experience before working on any platform. Patience and consistency are essential for success.
This is an attempt on my side to inform you about my Crypto career. The failures and regrets I experienced throughout this period, as well as how I managed myself and my position in the crypto field. I hope you find this post interesting and inspirational. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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IMAGES AND GIF TAKEN FROM CANVA, GOOGLE AND EDITED IN CANVA