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Few Lessons I Learned from Crypto in 2021 by stevenson7

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· @stevenson7 ·
$43.60
Few Lessons I Learned from Crypto in 2021
![Few Lessons Learned from Crypto.png](https://i.imgur.com/fF77gss.png) *made with Canva*

![RNFetchBlobTmp_ix0c66z7ppx964akbrq8l.jpg](https://files.peakd.com/file/peakd-hive/stevenson7/23t7DKQuALbhqdexpBRY69B2dT8eCrsRq6M1c2k7DY2m7TC42bKLBDAKJbxWYHeGy4HRU.jpg)


I can remember when I started learning about crypto. It was a complete disaster, I was. Everything was overwhelming. I couldn't wrap my head around the simplest bit. It was back then during the days of <strike>steemit</strike>. I did come across a challenge with a couple of questions, one of which was the question of when one first found out about crypto. Basically, Steemit paved the way for everything. I started off doing airdrops and all that stuff, back then in 2017. Eventually, I focused more on blogging, Steemit, then Hive, because it was the place where I found peace and satisfaction. I haven't done so much on crypto since then but last year taught me a lot. So I'd share with you guys some of the lessons.

![RNFetchBlobTmp_ix0c66z7ppx964akbrq8l.jpg](https://files.peakd.com/file/peakd-hive/stevenson7/23t7DKQuALbhqdexpBRY69B2dT8eCrsRq6M1c2k7DY2m7TC42bKLBDAKJbxWYHeGy4HRU.jpg)

#### Save some, Stake some, Invest some, Give-back, eat some.

All I did during my first few years in crypto was spend. Spend, spend, spend all of my earnings. I didn't realize one could stake one's asset, which is actually one of the various ways one can earn from the blockchain. It's always a good idea to have someone you listen to and learn from in this space. Somewhat look up to. After getting the advice of staking, and saving, a lot of changes happened in the coming years. 2021 saw the biggest. I started investing, saving, staking and giving back to the community in cash and in kind.

![image.png](https://i.imgur.com/mXVZNxb.png) [image source](https://cryptotvplus.com/2021/11/africas-first-community-driven-meme-token-wakanda-inu-wkd/)

![RNFetchBlobTmp_ix0c66z7ppx964akbrq8l.jpg](https://files.peakd.com/file/peakd-hive/stevenson7/23t7DKQuALbhqdexpBRY69B2dT8eCrsRq6M1c2k7DY2m7TC42bKLBDAKJbxWYHeGy4HRU.jpg)

#### DO NOT FOMO

In all honesty, I just learnt the term a few months ago, haha. I realized I made a couple of bad decisions and I believe it can be attributed to <I>the Fear of Missing Out</i>. One very significant one was the <i>Wakanda Inu</i> token. I didn't get the information about the presale, so I didn't buy any. A few days later the token did a 200x and it kept going. I bought The Bull Run (yeah I know, I am a complete noob) and boy did that crash badly. I didn't use a lot of funds though, but I lost over 70%. Well, I find respite in the fact that it's a good project and one I am in support of.

#### Find a good community. Stick with it

Hive is a perfect example here. After the whole steemit saga, I was on the hunt for a community that would fit my content and also be social and friendly. You know, a safe space for me. I went on and about from whaleshares, to weku, to appics, etc. Eventually, I settled for Hive. My home. I put all my energy into Hive instead of putting everything everywhere.

#### Take Profits

Everybody just about knows this. When you do a 10x, or more, you take your profit. I one time got a 40% increase on one of my low cap assets, I felt it was going to do more. Yes, I was wrong.

![RNFetchBlobTmp_ix0c66z7ppx964akbrq8l.jpg](https://files.peakd.com/file/peakd-hive/stevenson7/23t7DKQuALbhqdexpBRY69B2dT8eCrsRq6M1c2k7DY2m7TC42bKLBDAKJbxWYHeGy4HRU.jpg)

2021 was a great year, just after coming from the back of 2020. I believe 2022 would be better. THIS IS NOOB TALK. I DON'T KNOW SHIT. I am only just sharing my opinions and all. Thank you for reading. Cheers


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@stevenson7/few-lessons-i-learned-from-crypto-in-2021)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 278 others
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vote details (342)
@dwayne16 ·
2021 was great and we don’t have to stop there, consistence is the key

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dwayne16/re-stevenson7-2y6mdr)
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@stevenson7 ·
Agreed.


We go stronger πŸ’ͺ
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@ecency ·
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@mayorkeys ·
Hmmm best idea is to stake and invest. That's the scope to accumulate much
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@stevenson7 ·
You get it bro

🀝🏿
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@mayorkeys ·
πŸ˜‰πŸ˜‰
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@nathanmars ·
Thank you for sharing your lessons you learned and it was helpful to me. 


> Find a good community. Stick with it. 

It’s super healthy in the long term. I’m so grateful for Hive community. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@nathanmars/re-stevenson7-4lqr2v)
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@stevenson7 ·
$0.99
Thank you so much for you support Nate.

I really appreciate it.

Hive is one of the strongest crypto community and I'm proud to be a member 
πŸ‘  
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@poshtoken ·
https://twitter.com/onyejekwesteve/status/1480526276964278276
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@steemflow ·
To add on...you need to be patient to see how your investment moves...never be greedy to see it jumping 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@steemflow/re-stevenson7-5qheun)
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@stevenson7 ·
Very important lesson.

Thank you for sharing.

Patience is key
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@stefano.massari ·
a post full of great advice
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@teenagecrypto ·
Takes awhile to explain crypto to people 
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@stevenson7 ·
Oh yeah it does πŸ˜…


Especially if they don't have an open mind 
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