Facebooks new crypto

[DinoTriz2]

In all seriousness, my history is a textbook example of how not to invest.

I started in late November 2017, after a relative talked me into investing. He's also a diehard zealot when it comes to crypto.

To be fair, he was talking to me for years about getting in, and if I did sooner, I'd probably be a multimillionaire now. (seriously)

He also didn't hold my hand, so I made MANY costly mistakes.

My investment blew up like 3 days after I bought in. Made about $7,000 in a few days. I was excited. I didn't know that you're not supposed to buy when it goes parabolic, at least not when it has been up for awhile.

I bought a lot of stuff at ATH prices.

I think I have a Litecoin that I bought for $375.

I also bought a bunch of alt coins. Big gamble.

I just found out one was a scam the other day. Exchanges pulled it off - can't liquidate them. That's about $1600 down the drain.

My portfolio stayed around -90% for the entirety of 2018.

Things started improving in the last few months and now my portfolio is around -60%.

I haven't panic sold. I'm just waiting it out. Hopefully I'll break even. My Litecoin might be my saving grace since the "Halvining" is taking place in less than 2 months.

I probably will cash out when and if I break even.

Then I'll either buy a house or invest in something other than Crypto. It's too volatile for me.