My Beginnings as a Crypto Investor

TLDR: I'm a complete amateur and you should not listen to anything I say

View this post at https://diamondapp.com/u/0xAustin/blog/my-beginnings-as-a-crypto-investor

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was a great read man. thanks for writing this. so many things i can relate myself.

i too was just lucky enough to catch the exact bottom. had the choice to either sell everything and leave crypto or go all in. And i choose going all in.

i recall the day when solana hit $9 and btc below 20k. i was like "fuck this shit, i am going to buy everything with all cash i have. this industry will either 100x or go to 0. If zero, i will have a restart".

for me, development/building into crypto was/is the only source of revenue. crypto (or in particular, DESO) had changed my life's route big time in 2021. I was merely a tier 3 town high school student from India with mere goals. crypto step up everything for me. But the bear market was tough and i doubted if crypto is the real industry for me. That day I accepted and told myself that "this is industry where i will work forever no matter what and be there until this thing becomes everything or zero"

agreed the fact that it's tough to buy in bear and more hard to sell in euphoria season. It's also hard to hold stuff when you buy at bottom. For me, i bought solana at $9. but i sold all at $25. solana was such 20x but i faded it. Luckily still holding all my bags of BTC, ETH, and DESO which were bought at bear bottom.

agreed that having strategy is important. and sticking to it is even harder. 

there goes 💎💎💎💎💎

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Excellent write up. Read every word and enjoyed it all, well done 👏 

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Great read content! Thank you for being a part of the DeSo ecosystem 🫶

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This was super inspiring and insightful. My one key takeaway surrounds discipline. Create your foundations and sticking to it regardless of what happens. 

For me, my biggest confounding variable is fear. I get scared easily, make rational decisions, and dis-engage with those foundations. That has always been a mistake. 

How do you remind yourself to stick to your gut? Your learnings? Your foundations? It must be hard — no one can say it's not, but how?

Like @ItsAditya I also joined DeSo really young (15), and I think at first it really messed with my perception of money. Trying to re-orient myself with reality and REAL financial systems for the long term.

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Thanks for taking the time to write this! Loved reading your back-story! And thanks to @ItsAditya  for making you do it 😆

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Great read. Fascinating to hear the ups and down in emotions and the thumb rules, most of them make sense and are rules I will look to adopt. As we all know this industry follows a cycle. So learning and improving your thinking and strategies is key to success here. So thanks for sharing your journey here so we all can learn.

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Great stuff. Appreciate the first hand account of your journey so far. Well done.

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Great blog. Always look forward to reading,one of the true gems onchain. 

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my-beginnings-as-a-crypto-investor

TLDR: I'm a complete amateur and you should not listen to anything I say