Oldfags, pls tell me how your first week in crypto went

Oldfags, pls tell me how your first week in crypto went
I need some encouragement

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I put $3k into link at 40c and two weeks later it was 17c but I had no money to buy more

I made a lot of mistakes and lost half my link stack that I bought at $4 and also $4000 during my first month. I think everyone has a phase at the start where you’re learning how everything works and learning your own limits and weaknesses. I made all my money back but I’m still stuck with a linklet stack. I even got a 40x two weeks ago

I put $30k into crypto last week for the first time and I’m up $6k

I bought Link for less than $2 and made small gains from shitcoins on idex

I opened a CEX.io account because at the time they were the only non KYC solution available to me that didn't look like a scam and then went on to buy up 50% of the XRP and XLM order books thinking I could be a whale.
I sold at a loss 12 hours later because I had no idea what I was doing.

im trying to make it with just $100
i-its not i-i-impossible, right frens?
im hungry

i mined btc on a laptop on btcguild, it was fun

Bought Confido. JOOST

i worked for them in the early days, back when they were a mining pool with ghash.io and owning nearly 51% of the network as a result of their hash rentals

I bought at the top of a micro peak and fornthe the next month or so everything was down 15-30% for weeks.

It’s possible but a double edged sword, you likely to win a high risk shitcoin flip to really get started but you’re more likely to just lose your $100

When I first got into crypto I mined doge when it first came out in 2013, didn't sell it until a few years later just a few months before everything started popping off in 2017.
When I first started putting money into crypto was around april/may 2017, I got baby's first coinbase account and every week I'd send my max weekly limit of $100 or $200, all to buy ethereum, and it kept going up.
Eventually I had enough of coinbase high fees and signed up to quadrigacx, and walked into my local bank to wire $5k to a random bank in japan.
I was planning to dollar cost average over a week or two, but that night I fomo'd in and eth dropped 20-30% over the next few days.
Felt like I bought the absolute top but it didn't hurt too much because I had already been buying for a few weeks at that point.
I kept holding and after a few more weeks eth pumped even higher. Way higher.

Bro you need to get a job

Bought xvg and xrp Dec 11 2017. They both 10x'd or so shortly after but I had no clue what I was doing and never took profits. I feel like there's a pretty steep learning curve if you're brand new to investing

>Bought xvg and xrp Dec 11 2017.
i hate everyone like you

i have one, but im not likelly to go far (college dropout, tech industry)
it barely pays the bills and keeps me fed with rice and water

Cool

I looked around at how to buy BTC (the only cryptocurrency). I had 2 options as I wanted to use the BTC on the silk road.
1. buy in cash posted to someone
2. buy in cash in person
I opted for the second, I was already familiar with how Bitcoin worked as I had been getting it through a faucet previously, pretty sure I had been given .5 btc. Met someone via localbitcoin i believe. He met me in a starbucks just near Vauxhall station (london). Had a lovely chat, he'd mined them himself (so he told me). Gave him £100 in cash, BTC was about $7 at this time. As soon as I got home, jumped on the silk road ordered some 2ci. Waited a few day & received it in the post.

Those are not cryptocurrency newfags or even 'crypto', thats blockchain. huge difference.

I did the same thing went from 2k to 30k over like 5 days and took 0 profit lol

I bought all kinds of shit and my folio went from 2k to 16k in the first month or so. Then to lower than 1k. Then I started buying LINK dips at absolute bottom levels from 20-30 cents. Now I have 250,000$ worth of LINK with 20,000$ taken profits with a total intial of 6000$. I think I did fine.

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that's nice. I haven't made any gains yet but I'm improving
I think
I want long term holds, but don't have the funds so I'm trying to make fast gains first

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Almost every reply here have been wild success stories. Encouragement is fine but keep in mind that the responses here are heavily skewed, as the people most likely to reply to your question are the ones who were lucky enough to do well when they first started out. Stay hopeful but stay realistic

bought BTC at $1300 in 2017, watched it collapse to $900 because of some meaningless drama but didn't sell, then it mooned to like $3000 a little later.

dude, i wasn't lucky nor was I succesful when starting out. I was down -80% at times during 2018. I just realised the potential and future worth of Chainlink in this space while all the dumb money was exiting and never coming back. I too bought a lot of retarded shit, one of the projects I bought 2000$ of went straight up bankrupt and I exited with 150$ a month prior. Just try to not put everything on the line in the beginning, no matter how confident you are because with a 99.9% likelihood you're wrong. Do research, try to create your own hypothesis for your investments and the anti-thesis for when you exit. Really put effort in and it will seem very easy, almost like pure luck, to make correct yet bizzare decisions like holding assets and buying more of them because you have a clear vision while they may be down in price 50 to 90%.

The reason it's optimistic is that if you're patient and have even the slightest ability to pick a good hold you'll win eventually. People only lose if they really chose wrong & it goes to 0 or they ragequit & realise the losses.

>not crypto
Unironically kys maxi. Nobody cares. They're blockchains that make use of cryptographic validation, and the use "coins". There's nothing Btc can do that a thousand vastly superior things can't at this point.

bought chainlink and tried to figure out what the fuck eth was

>maxi
retard
why do you newfags jump on this phase? I'd guess it out of arrogance.
>cryptographic validation
you obviously don't get it

Your bank account is 'crypto' by your retarded definition.
Daily reminder '17+ fags opinions are worthless.

You clearly don't understand why cryptocurrency is superior, its to do with the generation of new units faggot.

Got into mining BTC with NiceHash, then tried swingtrading with my tiny profit on coin base. Its safe to say I got rekt.

I'm more interested in the smart contract side of things and how to make money off a bunch of them for a long length of time. This is why I'm all in on the oracle standard.

I do understand the value of new generation of blocks in a PoW system and when 1BTC = 200LINK I will get my portfolio into a 5 BTC position.

Pic related

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