When I first heard about Bitcoin in 2017 it's price was around 2000 USD and I thought it's already too late to jump in and didn’t really cared about it. Later, as the hype was getting stronger I’ve had a bad feeling: fear, the goddamn FOMO. Without any knowledge or researchI just googled how can I buy BTC and found localbitcoins.com where I made my first purchase from some russian guy. This is where my story began…
After my first BTC purchase soon I've collected lots of alts and shitcoins and I was so optimistic, what could go wrong, right? But it did, so quick I couldn't even realize what happened. After the bullmarket I've made mistakes, a lot to be honest, but I needed these mistakes to learn how to act in this market and you cannot count on others, it's all on you, if you fail it's your fault, if you succeed that's your success. So after losing 2/3 of my investment I had to rethink my strategy, started to read articles about cryptos, learn from other traders, read forums. It was a long journey since 2017, last year I didn't start to hop into trading, I was sceptical, cause I've seen so many pump and dumps oh boy... But when new ATH came, BTC's price climbed higher and higher the pattern on the charts was pretty obvious, here we are again, the new cycle, the new bull run (which actually started last year march). Bitcoin has typically 4-year cycles, 2 years uptrend and 2 down. If the pro traders are right this year in the summer or later we will hit a new ATH and then starts a slow downtrend for 2 more years and the next cycle could be a shorter 1 year long uptrend and a longer downtrend (but that's too far for now). Whatever comes, we are ready, are you?
