Genesis
Back in 2017, I borrowed my dad's ID to register on an exchange called http://Coins.ph and invested $200 into Bitcoin when it was trading at around $4,000.
Not really understanding what Bitcoin was or its purpose. After few days of watching my investment dip, I converted it back to fiat.
I was just a teenager, 15 years of age, full of curiosity, I don't know anything about crypto.
They say to try everything in your twenties, and I took that advice to heart.
I've tried:
> Video filming and editing
> Programming
> Copywriting
> E-commerce
Nothing really clicked, and school felt like a waste of time since I had no career path in mind.
Fast forward to 2023, crypto trading pulled me back in. I wasn't serious about learning, I was just copytrading. Got liquidated and then quit.
This year, I got lured back by a promising project that turned out to be a scam but fortunately, I managed to get my $300 back just before they pulled the rug on everyone.
Then, in March, I saw a post from an e-commerce guy made $10k from some burger shitcoin.
Intrigued, I jumped in, downloaded Phantom, and started trading.
I was blindly swapping funny meme coins without any risk management, just following the crowd on X, joined TG groups, doing some raids, got betrayed, deceived.
I was addicted, lost $1k, wanting revenge for all my losses, took a $400 loan, and again lost it all.
Despite the debts, I didn't quit. I was getting smarter, noticing market manipulation, using tools, understanding the don'ts.
With my last $300 from my stock investment account, I gambled again, and again lost it all.
I worked my ass off freelancing, got back into gambling on shitcoins, and hit a $20k jackpot in June.
Paid off debts, helped family, and gave back to the less fortunate I encountered, giving huge tips. I felt rich for a while.
Then, I moved out of my comfort zone to learn and grow as a person.
Lost $10k more gambling shitcoins and spent $8k on random things and on myself, leaving me with $2k. Will I survive? That's the goal.
Now it's the month of September, I've finally put into action my realization that low-cap shitcoins are just that, pure shit.
I'm done chasing those quick wins, thinking long-term, it's not sustainable, it's a rabbit hole if you're not smart with your money.
Despite the negativity about shitcoins, I'm truly grateful because it introduced me to a world I'm may now passionate about.
They're a gateway for many, and I'm one of the lucky ones who survived.
Each day, diving deeper into crypto, I find it much more interesting.
Understanding of the potential it offers - the decentralization, geographical and time freedom - it's just pure opportunity in today's world.
It's time to commit fully. I need to learn, research, and strategize.
This is the beginning of my journal, writing is a formal way of thinking and in this way, it's helping me process what I've learned.
Years from now, I hope to look back and see that every word I've written in this online journal was all worth it.
Now, it's time to learn and survive.
09.13.2024