- Nov 16, 2011
- 19,794
- 11,287
Here is my brief experience with crypto.
1) I started investing in crypto in 2017 year last. First time I bought crypto for $20 or so and made some profit. Firs time i bought was through an exchange website and even sold on their website (not app). I got much lesser rate because of that. I was new and had very less idea of this.
2) I started getting active in the same time in IM (restart) and thought to provide some services only for crypto. It was for to be prepared in situation like my PayPal account getting affected.
3) I saw some good times also. I used to keep small payments in my exchange and withdraw all after a month or so to meet the monthly target I set initially. There were times when funds doubled in these 30 days gap.
4) Now, I have repeat orders from clients and keep getting some crypto per month. One problem now is that I cannot withdraw them directly through exchange as the matter is in court in my country.
5) I rarely invest my own money in crypto till the matter is cleared in court.
A takeaway I would like to add here is that most of the time you will have to do all the research and trial to find answers. In this brief time, I needed multiple BTc addresses for a purpose and asked some of my friends who were active in crypto. Only advice they gave me was to register in multiple exchange to get a different address in each. Later i realized that one exchange allowed multiple addresses. It might appear silly now but was a huge problem for me at that time.
1) I started investing in crypto in 2017 year last. First time I bought crypto for $20 or so and made some profit. Firs time i bought was through an exchange website and even sold on their website (not app). I got much lesser rate because of that. I was new and had very less idea of this.
2) I started getting active in the same time in IM (restart) and thought to provide some services only for crypto. It was for to be prepared in situation like my PayPal account getting affected.
3) I saw some good times also. I used to keep small payments in my exchange and withdraw all after a month or so to meet the monthly target I set initially. There were times when funds doubled in these 30 days gap.
4) Now, I have repeat orders from clients and keep getting some crypto per month. One problem now is that I cannot withdraw them directly through exchange as the matter is in court in my country.
5) I rarely invest my own money in crypto till the matter is cleared in court.
A takeaway I would like to add here is that most of the time you will have to do all the research and trial to find answers. In this brief time, I needed multiple BTc addresses for a purpose and asked some of my friends who were active in crypto. Only advice they gave me was to register in multiple exchange to get a different address in each. Later i realized that one exchange allowed multiple addresses. It might appear silly now but was a huge problem for me at that time.