Mihali, who wants to improve the quality of life of his family and himself, is in various pursuits. What kind of additional income should it provide so that it can generate income without disrupting its main job? During these searches, he sees the web pages that Hans, who is his colleague, browses on the internet. Mihali asks what they are? . Hans tells him about Blockchain Technology and Cryptocurrencies. The subject interests Mihali. He tells about the addresses his friend Hans gave him and what he has to do. When she gets home excitedly, she begins to study blockchain technology and cryptocurrencies. He searches on the internet until late at night… This continues for a few nights and he decides … He thinks that he has found a way to improve the quality of life of his family and himself … He tells his family about the situation and asks them to support them morally.

Photo by RODNAE Productions from Pexels

Mihali has now awakened to a new world. In his spare time without interrupting his work, during lunch, at home in the evenings, he watches videos on youtube, starts collecting cryptocurrencies from small earnings taps. He learns to build a wallet it. He starts accumulating the cryptocurrencies he earns from the faucets in his wallet. But as he learns about cryptocurrencies, he starts looking for alternatives instead of faucets, which he spends a lot of time on but earns very little. Meanwhile, it subscribes to the channels of youtubers that he thinks are giving the right information. Activates notifications it.

With the advice of his friend Hans, he registers in a stock market to earn serious income. The first transaction in the stock market; Ripple (XRP) is to buy he. At this time, Bitcoin is at $3000.

Photo by David McBee from Pexels

The first cryptocurrency he bought was Ripple (XRP). He begins to dream now, he. Because he hears positive news about Ripple. The cryptocurrency circle in his country was mostly talking about Ripple. By the way, Mihali's country is called the Socialist Republic of Irinium. About a month later, the SEC sued Ripple, he. Cryptocurrency markets have been shaken. With this news, Mihali started to panic. Would the cryptocurrency adventure end…? This event was a turning point for Mihali. He sells all the XRP he has. Buy price is $0.2, Ask price is $0.7. He closed his position by making a profit.

This incident has been a good lesson for him. From now on, he will listen to all kinds of correct information, but he will decide his own position. But since the stock market in his country has less variety of cryptocurrencies, he meets the world's largest stock market WORLD. It registers. Transfers USDT earned from XRP. With his research, he gets a Buy price of 3$ LINK and a Buy price of 2$ LEND (1 AAVE=100 LEND). He continued to learn. With these right purchases he makes, his self-confidence comes. Meanwhile, he is interested in the cryptocurrency of the stock market he invested in. He discovers that the tokens given by the lottery are making good profits. It starts accumulating the exchange's tokens. He uses a small portion of his monthly salary for this. On average it collects between $20 – $25. (Currently $650). The exchange decides not to sell its tokens. This coin begins to earn itself regularly.

He thinks about how he will evaluate the income he has earned with the stock market token and takes the following decision in principle; Thanks to the exchange, these tokens will be sold within 1-5 minutes when they are listed. The result after research and experience; No matter how good the project is, it goes down in 1-5 minutes after it gets too high. Then it moves horizontally for a while. The exchange uses 2X – 5X the amount of money invested in the token to buy the token. With the remaining part, he takes the tokens that he examines and decides to buy.

Mihali subscribes to news channels (Webpage, Youtuber, Twitter, Telegram …) for free to follow the news in the cryptocurrency markets when fundamental analysis is very important. He also uses technical analysis when he needs to buy the cryptocurrency he has decided. He doesn't think of being an expert, he thinks of technical analysis as a helpful tool. He understands that he needs to look at a few indicators with the information he has acquired. (Volume, RSI, Moving Averages, Bolinger Band … ) . It also follows 4-hour price charts during buying and one-day price charts during selling…

What do you think should be the lessons we can learn from this part of our story? I look forward to your thoughts. Hope to see you in the next parts of our story...

You need to decide: Will you be the light or those who wait in the dark…?

*** My friends, the names in the story you read above are fictitious, but what happened is real.

I greet you all with love and respect. See you …