5 Things I Wish I Did Early in My Crypto Journey

Like they always say about life, we keep learning every blessed day. I think that is just the best thing I can vividly say concerning my trading journey when I looked back at the lot of years I have spent in the crypto space. There are actually sometimes I wish I should have done something's earlier and today I will be sharing with you.

The first thing I should have learnt earlier is the power of knowledge. How I wish I should have make some research about some coin before buying or investing. It really cost me a lot I must not lie. There are some certain projects and coins I didn't make proper research on, I just went to invest probably due to the hype and I lost huge amount of money that even till today I am still yet to recover from it.

The second mistake I made was how I wish I should have actually focused on bitcoin and Ethereum in my early days. The mistake was I was trying to be everywhere and trying to explore Altcoins and at the end of the day, it cost me a lot. I should have build a strong foundation in both bitcoin and Ethereum both in the financial gain and also in the knowledge before moving to try other Altcoins.

Image Source

The mistake I made thirdly was I wish I should have employed making use of cold wallet. The mistake I made was I left some of my assets on exchange and some people close to me knew my password and so they login and wipe away my assets in my exchange. Even though at that time, the amount they wipe away was not really that much but it actually cost me a whole lot that even till today, I am still yet to recover from it. How I wish I should have tried cold wallet earlier.

The fourth mistake I made which I believe everyone of us made at one point of our crypto trading journey was I should have took profit earlier. There are instances in my trading journey that I should have took some profit early so that I can manage risk effectively but due to my greediness, I still stay not until I lost both the profit and even my capital. Trust me, it was one of the bitter mistake I learnt the hardest way.

And the last mistake I made was I should have enter the crypto trading world with the right mindset. I just entered because I heard people are making money and trust me, that wrong mindset cost me a whole lot that even till now I haven't recovered from it also. I will always advise people to do their research to have the right mindset before entering the crypto market.