It is an interesting thing to watch in crypto, Twitter, and in life, how successful people are painted as evil and those that fail are used as an excuse for people not to try. We live in a world, at least in the US, that it's better to sit on the couch and watch TV than take a risk and try at something you might fail.
Learning Through Failures
I mean it seems kinda corny to include this quote, but at the same time, it seems silly not to include it . . .
I didn't fail. I just found 2,000 ways not to make a lightbulb; I only needed to find one way to make it work.
-Thomas Edison
I've always wanted to create my own blog. I've started a website before and had my own Dogecoin faucet. I'm not sure if I started a Bitcoin and Litecoin faucet as well. I was hoping my ads would from visitors would help pay for the Dogecoin for the faucet, plus the cost of the website, but really didn't make much from ads, and barely made enough from referrals to other faucets to pretty much break even.
Though this "failure" I learned how to pretty much create a website from scratch writing my own code. It was crude and not very sleek, but it got some visitors and was put together well enough I was able to make it on some crytpo subreddit sidebars.
Slow and Steady Progress
The small amount of crypto that I earned through my website was able to help me accumulate enough Bitcoin to start trading. Once again I bought at the top of the summer of 2016 or 2017 during an alt cycle and then watched all my alts decline to almost nothing as Bitcoin headed to $20,000 and I was out of any Bitcoin to dollar cost average down.
I held through instead of selling the bottom and was able to make some profits overall on some alts that ended up going up 2 - 3x where I bought while some never fully recovered and were sold at a loss.
After trading for about 6 months I never made enough Bitcoin back to make it worth my time, but I learned about candle charts, support and resistance, and several other trading tools to help me become a better trader. The most important lesson I learned was it's always important to take profit in a bear market, and you always have time to buy lower in a bear market.
Path to Success
After finding out that trading $100 wasn't going to make me a millionaire anytime soon I started looking for other ways to earn crypto. I don't remember exactly how I found Steem, but it was a way to earn crypto and to start another blog.
It was kind of shameful going back through and reading some of my original posts and how little effort I put into them. Once again, it started off as a failure, but with a little hard work and determination, I was able to work my way to making some decent earnings and slowly making my way to becoming a dolphin at the beginning of the year.
I won't say I'm successful yet. I'm a long way off from where I want to be as I'd at least want to make enough to at least consider this a side hustle. I'm going to keep working and this may be my next "failure", but even if it is or isn't, I'm better than I was before.
Enjoying Success and Failing Forward
Whatever ends up happening I'm going to continue to pushing myself and even if I don't make it to orca or whale status, I hope to come out with a little more Bitcoin, a little more knowledge, and a few more friends.
I would love to hear in the comments below what is something you've tried, failed at, but come out ahead in one way or other.