How I entered in crypto market?

Omkar
2 min readApr 23, 2021

For the last few months, I was following Elon Musk’s Twitter account before that I had little knowledge about cryptocurrency but I never invested in it then I saw that just by his single tweet the price of bitcoin was increasing so just for the sake of curiosity that how does this market work, I created the account in wazirX which is India’s Most Trusted Bitcoin & Cryptocurrency Exchange and done the KYC still now I was following Elon Musk’s Twitter account and I observed that he is targeting the dogecoin ( Now if you don’t know about Dogecoin check out:- https://omkarsonawane.com/everything-you-need-to-know-about-dogecoin/ ) at that time( around 14th-15th April 2021 ) the price of dogecoin was about 12 cents or 10 Rs then I done some research on dogecoin also joined their Reddit community then I got know that, this coin has too much potential and also because of Elon’s tweets, I put 20k INR in dogecoin and decided to keep it for at least 1 year but in just 5–6 days the price of dogecoin went high and It was giving 400% returns then I suddenly withdraw my money and it 50k INR that means I got 30K INR in just 6 days without any deep knowledge then again the price came down, now I started trading and also earnt good money but this time I became greedy put lot of money in it. It was around 70K INR but this time market crashed and this happened a few days back at 21–3–2021 and then I decided to keep it as a long term investment and right now I am in a 40K INR loss but I don’t care.

This is how I entered in this crypto market!

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