Is it a Hoax, Is it a Bubble......
No it´s super Bitcoin...... Bitcoins have been rocketing passing the $25,000 over Christmas 2020 and over 40K in January.
And you know what....I have this friend that´s been telling me, to put on my space suite and, hitch a ride with the rocket for months. And what did I do, I was to busy working and paying bills 😒
So now what?
So now I am having doubts, why didn´t I listen? Why did I wait? Am I to late now? Did I screw up, did I loose a golden opportunity?
Hell No!
I did not have a dime to spare before this Christmas and logic tells me that you can only invest in something if you are still able to live without it.
So Now what? PT2
Well even though my logic tells me that everything that goes up (rapidly) must come down (rapidly), there are many scenario´s proving me wrong. So against my (logical) better judgement I got onboard. Even though part of my rather waits till the next halving of this cryptocurrency. But the other part of me trust that this will not happen in the next year (as it happens every 2/3 years and the last halving was May 2020).
Bottom Line
So I got a Christmas gift and turned it into BTC´s, well part of a BTC to be correct, but still I took the first steps.
I also got my first scare as I needed to pay $9.00 to move it from Bitvavo (where I bought it based on the friends advice) to my Coinome Wallet. Why did I move it, because the first rule I learned was :
Not Your Keys, Not Your Coins
When I told my friend about the $9.00 fee I had to pay to move My Coins into My Wallet under my lock and Keys he laughed and said: "Welcome to Crypto!"
Well I feel cheated already 😩, but there is also some good news I made $74.00 already......... For now at least, until the next burst of my bubble when I will loose another $9.00 if I ever want to turn my BTC in old school money. And that is only if there is anything left by then.
But for now I entered the rocket and I will watch it reach the stars or Crash and Burnlike Elon Musk´s rocket.
I´ll be back
If I do not loose it all there is so much more to come from this Bitcoin Beginner. Next time I will try to explain why I in the end did jump on the BTC-rocket and soon I will also get into my first trading experience.