Everything Has Its Own Jargon

LeoFinance
8 days ago
(edited)
4 Min Read
739 Words

Now I have decided. I understood quite painfully that I can't skip the stages. I'm referring to cryptocurrency trading and understanding the phenomenon in general. What are crypto currencies, why do they exist and why should we be involved.

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Photo by Pierre Borthiry on Unsplash

We humans are generally impatient. I tend to refer to groups, to majorities but I realize that I can be wrong. So, I repeat, I'm impatient, especially when I have to try something new.
I can't tell you how many devices I broke because after I bought them I immediately plugged them in and turned them on. After seeing smoke I went to read the user manual, often too late.

I did the same with crypto. I learned to make a few transactions, to buy, to deposit, to withdraw. I put some money in an exchange and tried to trade. It happened like when I first fished! Then I caught a lot of fish, I thought that's the story of fishing, but then it never happened again. So with trading. I made a few inspired moves and I won, I increased my deposit. That's how I came to believe that I would make easy money from now on. The cold shower came faster than I thought it would. I started to lose, of course and then I started to think that I still had to look for a little information.

I read some articles, I understood that I have to sell on green and buy on red (or vice versa !?) and I started playing. The great result was that I sold, when I should have bought, and vice versa!

I don't think I need to say what happened. Catastrophe!

I finally understood that it was imperative to document myself more. I thought Leo Finance was the best place and I started reading posts about trading. Like this one: $BTC a Sell After a Dead Cat Bounce? written by @nealmcspadden.

Why did I choose this position? I didn't know @nealmcspadden but I suspected that he is very good at trading if even @khaleelkazi asks for help!

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I was sure that I would enlighten myself and learn quickly from the best. I read the post as well as the comments. I always read the comments and answers, often from there I find out even more than from the actual post. I didn't have much to read but I read several times, especially this discussion that put me even more in the fog...

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I imagined that I was reading and then I ran to the exchange and implemented, but I still realized that I didn't understand anything but there was still hope. To ask the author, fortunately in Leo Finance everyone is kind and helpful.

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The answer was prompt and kind but for me it was a blow. I realized that I still have a lot to learn, a lot and that trading still has to wait. I have to learn the language first!

Everything has its own jargon. Gotta know the lingo

Thank you, @nealmcspadden, for showing me my place and for making me quickly understand that it takes effort to be able to at least communicate with those who know this "game"!

Back to school!

I decided to take everything from the beginning, to learn the terms and actions. I thought that from this basic teaching I also share with my colleagues from Leo Finance. Of course, not to those who have experienced and passed this stage. I'm thinking that if there will be someone more ignorant than me (and there may be a few, considering that more and more Leo Finance sign up). At the same time, I find some themes to write some simple blogs, because otherwise I feel incapable and afraid of the knowledge of other colleagues and that prevents me from writing anything.

Again I let myself be carried away by words, I probably wrote a lot about almost nothing interesting. This is a habit gained in writing in Hive, on other subjects that require more story.

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Because we talked about Hive, today I saw in my wallet the value of the coins that interest us the most and... it was a novelty. At least I saw for the first time that HIVE was the only one on green. Is it a sign?

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