December was the month of ATHs, big hopes for mooners and my month to enter crypto trading. Not a smart move considering that the prices were just before facing their downfall, but where should I know? I had to pay the price of knowledge somehow and even more.

Not only that I entered the market at the wrong time, but soon after I got a hint to make more money out of my cryptos in a "smart" way. A friend of mine told me that [NXT](https://www.nxter.org/) is having a hard fork on December 28 and holders of NXT coins at that moment will receive for any NXT they have 0.5 [IGNIS](https://www.ardorplatform.org/ignis%E2%80%94first-childchain). A new coin that we'll be the baby of this hard-fork and pre-saled at $2. 

What could go wrong I thought myself? I bought NXT at almost its ATH for $1.96 and deposited in a wallet that supported the hard-fork and promised to give us the well deserved IGNIS after the hard-fork. Soon after I did that the price of NXT as many others started to go down. Didn't felt too much enthusiastic anymore as I had to keep NXT in [freewallet](https://freewallet.org/) until 28th of December and I bought it on 24th.

As prices started going down the IGNIS that was on pre-orders and was my butterfly for this deal was listed on [coinmarketcap](https://coinmarketcap.com/) at more than two dollars and spiked to even about $20 so the hopes were high. After the snapshot of the block whatever the number was I transferred my NXT back on the exchange, but I didn't felt like selling it as I was hoping for the market to recover after my coins were dwelling at about 70 cents.

![stopwatch-3216241_1280.png](https://gateway.ipfs.io/ipfs/QmXmndXwLhj5gtTKkop5BYYGLLwyieGe4Z5F9NYuNyGhRu)

[image source](https://pixabay.com/en/stopwatch-time-money-saying-3216241/)

**Bad move**

From there it only went down to a low of about 11 cents a few weeks ago which is far from the $1.96 which I paid for it in late December. Going back to my IGNIS butterfly I haven't received it in that shitty wallet on the January 1st when the price was still pretty good and when it was supposed to happen due to wallet issues of course.

It hit me about a week ago when it was 11 cents and it transformed an investment of more than a thousand dollars into a few hundreds after all the waiting and price decrease. On top of that I couldn't exchange it either using the wallet and neither had any account on a exchange site to do that so I had to make an [Bittrex](https://bittrex.com/) account. Done that, learned how Bittrex works, since I only used [Poloniex](www.poloniex.com) from the beginning and managed to exchange it to BTC using Bittrex and send the BTC to Poloniex.

All this process with lots of doors closed and deceptions costed me about $1,000 and a lot of nerves. That was my paid lesson for learning to never pick again such coins, chase hardforks supported only on poor developed wallets and of course trade on emotion.

I have to admit that the colors of the IGNIS butterfly were very beautiful, in my mind and on coinmaketcap for a while, but when adding and subtracting it was a bad trade and a shitty chase that I wouldn't ever repeat. I made some profits on a hardfork though with ETC when I bought it at $14.7 and sold it at $32 after about ten days, but it was that kind of pump and dump price growth that I got it well.

*As a conclusion, the best trading moves or investments are the ones well documented, made on solid exchanges and wallets and definitely not on emotions.*

# <center>Thanks for reading and have a great day</center> #