How did i lose money for ethereum

[Crypto]

I started researching and investing in ethereum from February 2018, at that time 1 eth was priced over 1k $, I bought 20 eth and then the price started rising. When looking at eth price charts in December 2017 I was very happy and thought I was lucky to invest properly! Then 2 months in March 2018, 1 eth was priced at over 1500usd , I was happy and decided to buy another 15eth, I thought I would be a millionaire! But not! Then the price of eth started to fall and I lost a lot of money! I was scared and did not understand why the price of eth decreased! As well as buying eth, I was fomo, invested a lot of money but did not understand what I was doing. Then I calm down and explore the market, and I realize that everything has its causes and rules! I started the trader and gradually recovered the lost money! I know a lot of people like me, invest their money without knowing what they are doing! I advise people to research thoroughly before bringing money to the market! And according to my personal opinion, the upcoming eth will drop to about 1k before rising again! invest your money wisely, it is your decision! good luck guys!

[BillStearn]

Thank you for post. The only invest in coin will not make the profit. Your success is depend from you own decisions in market.

[Adrian]

Ethereum prices are very volatile, sometimes rising sometimes also goes down, but the experience you convey is very motivated by you, that you have to look well at market movements, especially if you invest with big capital, of course patience is needed.

[franss]

You are right, do research before investing and this is an important point, and maybe what to do is not put all the capital in one basket

[ivanleon]

I started researching and investing in ethereum from February 2018, at that time 1 eth was priced over 1k $, I bought 20 eth and then the price started rising. When looking at eth price charts in December 2017 I was very happy and thought I was lucky to invest properly! Then 2 months in March 2018, 1 eth was priced at over 1500usd , I was happy and decided to buy another 15eth, I thought I would be a millionaire! But not! Then the price of eth started to fall and I lost a lot of money! I was scared and did not understand why the price of eth decreased! As well as buying eth, I was fomo, invested a lot of money but did not understand what I was doing. Then I calm down and explore the market, and I realize that everything has its causes and rules! I started the trader and gradually recovered the lost money! I know a lot of people like me, invest their money without knowing what they are doing! I advise people to research thoroughly before bringing money to the market! And according to my personal opinion, the upcoming eth will drop to about 1k before rising again! invest your money wisely, it is your decision! good luck guys!

Very sad story. I myself at one time sold all my altcoins, as disappointed when the price began to fall. In fact, you need to invest when you are interested in a coin very much fell in price, the less the better. I think this is one of the main postulates of long-term and medium-term investments.

[JSD10M]

I think every trader or investors had a similar experience. I, too, made some trades without really knowing what the coin is all about. The experience made me better though.