Trader puts faith in crypto despite the failed first investment

1 month ago 16

Despite his archetypal losses successful trading, JC Enriquez inactive powerfully believes that crypto volition bring him much nett successful the years to come.

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From the highs of feeling similar a full genius to the lows of downward terms movements, crypto investing has taken Dubai-based trader JC Enriquez connected a roller coaster ride. 

In an interrogation with Cointelegraph, Enriquez shared his crypto trading journey, starting from his archetypal brushwood with integer assets. According to the trader, it each started erstwhile a person asked him astir his plans for the future. After sharing his dreams astir the future, the person told him that if helium wanted to marque those plans travel true, helium “better survey cryptocurrency, bargain immoderate and clasp it.”

Hyped by the bull market successful 2021, Enriquez yet decided to leap successful and commencement trading. However, his archetypal crypto rodeo was little than fruitful. He told Cointelegraph that helium invested thousands of dollars successful 1 task and past it went to zero successful conscionable a abbreviated play of time. He explained that:

“After a fewer weeks, I was surprised. Their web got grumpy and past slowly, they stopped doing developments successful their project. After that, it permanently closed.”

When asked however helium felt, Enriquez shared that the nonaccomplishment was devastating arsenic it was wealth that helium and his spouse was redeeming for emergencies. However, reasoning that helium volition beryllium capable to summation it backmost quickly, Enriquez convinced his spouse to fto him instrumentality the risk. He said that:

“When I bought it archetypal I felt similar I was a genius due to the fact that I believed successful the project. And erstwhile the task went grumpy and abruptly stopped everything, for me, it was similar the extremity of the world.”

Despite the results of his archetypal try, the trader did not suffer anticipation successful blockchain and crypto. “I see it arsenic an acquisition truthful that adjacent clip around, I volition beryllium much careful, much vigilant successful trading,” helium said.

Related: Employee quits aft reddish flags astatine archetypal crypto job, stays successful blockchain for the tech

According to Enriquez, helium inactive believes successful crypto due to the fact that of developments successful Bitcoin (BTC) adoption similar manner brands and airlines accepting BTC. Apart from that, helium has religion connected crypto’s inherent features similar allowing easier cross-border payments. Despite his archetypal losses, Enriquez inactive believes that crypto volition bring him much nett successful the future. He mentioned that:

“I inactive judge successful a imagination that cryptocurrency volition springiness maine much nett successful the years to travel and volition assistance maine physique my dreams successful the future.”

Learning from his experience, the trader besides shared that helium present has a new crippled program for trading crypto. He said that helium learned strategies similar dollar-cost averaging and has been learning to work graphs and indicators. He besides shared that helium present does extended probe earlier investing into crypto tokens.

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