In 2020 I was a simple employee who worked from 9AM to 6 PM and did nothing but follow orders. Does it sound familiar to you? You have also lived it at some point.
At that time I did not know what BNB , Binance or anything related to cryptocurrencies or blockchain was. The days and weeks went by. I looked for information and I didn't know how to enter money into the crypto ecosystem, I started participating in Coinmarketcap's “LEARN & EARN” lessons. Here you can learn about a project and earn a reward in their native token, in case of passing a quiz correctly. After several weeks I recived a value of $70 in $SAND tokens.
They were my first $70 without investing my money. I felt very happy and excited about it. Then, after that, I started to study better how the market was about and look for where to invest those 70 dollars.
My friend recommended me “Pancakeswap” from Binance Smart Chain and taught me about the metamask wallet. He helped me set it up and I sent my money there. I invested the 70 dollars in a single staking that paid in $CAKE and $BUNNY at a 200% APY with compound interest.
Few weeks later, that $70 went to $200. Begginer's luck , right?
I was in the right place at the right time.
I think , If the market had been in a bear market phase, I would have lost those $70 and never entered the crypto world again.
In the next blogs i will tell you the rest of my story.
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Fear of the unknown
By LCAITECH | My first steps in cryptocurrencies | 23 Jan 2024
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If you are new to this world and you would like to learn more about how these technologies work and how they can affect your life, you have come to the right place! Quality and easy-to-understand content that will help you grasp the basics of blockchain
Like every human being, when we start to try new things or that take us out of our routine, we can feel uncomfortable. Thanks to a friend, I was able to get interested in looking for information about cryptocurrencies and how they works. At that time, back in 2020. I worked in a computer office as a computer technician and wanted a change in my life. I was tired of keeping schedules and the worst of all, as many would imagine, the salary was not enough and I did not know another way to generate income.
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