Crypto: My Honest Journey, Mistakes & What Beginners Should Know

AUDIO  VERSION☝🏼

I want to share my personal experience and honest thoughts about crypto. I hope you don’t mind me talking not only about the good sides but also the painful lessons.

Like many, I got seriously hooked on crypto. I would spend sleepless nights digging into new projects, learning technical analysis, watching traders. The more I learned, the more obsessed I became. And, of course, I wanted to make money. I kept asking myself: how do those guys buy Lambos? What’s their secret?

I’ve had both big wins and painful losses. For example, I once bought a coin for $3,000 on spot, and in just over a month, I sold it for $24,000. That happened during a bull run — when everything is pumping. As a friend of mine says, “Only a fool doesn’t make money in a bull market.” The key is to understand what you’re doing.

Then the bear market hit. Prices dropped, and reality set in. That’s when technical analysis saved me. Without it, your portfolio can easily drop -80% or worse. If you’re just starting out — this is the perfect time to learn: charts, spot trading, and how to survive and even profit during downtrends.

There’s no magic formula for guaranteed profits. But I found a few methods that work for me — and I’ll share them in future posts.

One thing to remember: exchanges and market makers are always one step ahead. They know where your stop-losses are. They see your liquidation levels. So technical analysis is a tool — not a crystal ball.

If you don’t want stress — start with spot trading. It’s like buying something at the store. No leverage, no risk of liquidation. When the market goes up, you’re already in position. Just buy slowly and only with money you’re ready to risk.

I’ll explain everything in a very simple way — even how to recognize a market bottom and build entries safely. Over time, you’ll be glad you bought at the lows.

And please — stay away from futures. I know how to trade them, but they are pure stress. I gave them up. If you’re new, I beg you — don’t touch them. It’s way too easy to lose everything.

Crypto is exciting — I remember watching YouTube videos, dreaming about the lifestyle. I went to events in Dubai, stood next to influencers like DaVinci and MM Crypto. Back then, it felt cool. Now I see it more clearly — a lot of them are just marketers selling hype coins.

I’ve paid for signals, indicators, VIP groups. Honestly? Waste of money. I wish I had just taken one full beginner-friendly course and built from there.

Even if you don’t plan to become a full-time trader, knowing the basics of crypto will help. The world is moving toward digital money. Physical cash is dying, cards are turning into apps — the next step is crypto.

So, here’s my advice: don’t chase fast money. Start with knowledge. Everyone loses money at first — it’s part of the process. Learn from it.

In future posts I’ll explain:

  • Indicators (free & paid — which ones are worth it)
  • Scams and Ponzi schemes to avoid
  • How to store your crypto safely
  • How not to be a herd follower
  • Technical analysis in a simple, no-nonsense format (free!)

I’ll keep it simple and straight. If you need more depth — Google and YouTube are your friends. Just don’t stop learning.

And finally: even the old-school hedge funds are now in crypto. Not long ago they mocked it — now they’re piling in. Giants like BlackRock, Fidelity, Goldman Sachs, and JPMorgan are already here. Even the most conservative investors — the kind who normally avoid anything new — are getting into crypto.

That alone should make you curious.

 

📘 Quick Glossary for Beginners (Simple Terms):

  • Crypto — digital money or assets you can send, receive, or trade online.
  • Spot trading — regular buying/selling of crypto without any borrowed money.
  • Futures — high-risk trading where you can use borrowed funds (called leverage) to try to multiply profits — or losses.
  • Bull market — when everything is going up and most coins are rising in price.
  • Bear market — when the market is going down and prices are falling.
  • Technical analysis (TA) — reading charts and patterns to guess where the price might go next.
  • Stop-loss — a tool to automatically sell your asset if it drops too much, to protect your money.
  • Market makers — big players or bots that create liquidity and often influence price moves.
  • Signals — tips from others about when to buy or sell (but often unreliable).
  • Scam / Ponzi — fake projects or schemes that are designed to steal your money.
  • Conservative investors — people or funds that usually avoid risky new stuff, but even they are now entering crypto.

If you don’t get some of these yet — no worries. We’ll explain more in future posts!

 

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