If someone asks me about crypto I would call myself a nob and if anyone asks me about trading I would say I am a bad trader. Actually not bad, I am the worst because I always invest in shit coins because of FOMO and never do proper research before buying. I am learning and I have almost zero knowledge about crypto I would say. That's why I invest in shit coins and lose money.
In life, I have wasted so much money, lost so much money so crypto is nothing. I don't have any good amount of assets and I am building my portfolio a little bit little. I am a long term holder which I would call myself for now considering crypto. Anyway, I was the type of girl who becomes empty at the end of the month and after getting a salary, I used to spent 60% of my salary in 1 week. So, saving was not part of my life as I used to stay with family, no tension, no stress. Just earned money and spent.
Every step of my life I have learned something, life taught me many things. And the real struggle started of my life when I left my family behind and started living independently. Without any savings, I saw a financial crisis, hardship, and many things. I never express or write about them because people will think she is seeking money. I never saved 1$ in my life and now I save at least 1 penny if I get any. Many people don't know the value of money, many rich people don't find a place to spend money. They spend money on branded things, high-end products, and luxury life where I struggle every single day to save each penny for the future.
I think mature people know how to utilize money, I think those who have limited income they know how to save a penny. I used to ask for money from my dad when I was in my country and he used to say I am not a money machine. He has got points, anyway, now I can understand why he used to say that. The people who are aware of poverty and hardship they know the value of money and how to utilize it properly. I am learning still...
I believe doing savings in life is important at least my life experiences taught me this. Every single penny counts and if you have some dreams to fulfill in life, then doing saving is a must. Money gives us security? How? Your savings will be your asset and one day you can buy shelter or life security with that saves money.
Now you can ask me, what will happen with that saved money after my death, well your family and your child will be benefited from that money...
Just spend your money wisely...
Love
Priyan
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Original post written by @priyanarc...
Great post my friend keep stacking and just make sure you buy in early and sell a small portion once you have made profit but always remember to buy in as early as possible
Ya, my biggest problem is FOMO but now I do research and check history before buying... I am learning from my mistakes...
Yes you must do good research but also take some risks little risks i made some good profit off a new coin I didn't know anything about it went from under a penny to 12p and I cashed out half well I say cashed out I put it into other cheap coins
nice talk, my thoughts are same my sister that has, i lost also a lot of money , i invested in steem sbd before starting steemit bloging in bittrex, i bought 1000 steem for 7 dollar, and sbd over 14 dollar 100, all is in my lost, and i also got lost when my 1000 steem and over 300 sbd stolen from steemit by hacker, that was great lost, then i invested so i lost over 10k dollar investment this time, and i am not good trading that is really very much pain, ha ha , i did not login to my exchange from last 8 month, heart get pain when i check ha ha
I can feel your pain because I bought SUSHI and it turned out scam, so I know how it feels loosing so much money. I had a large hope on steem and hive and I kept staked but now I am just holding and waiting...
what if ALL the crypto, in long turn, is just a scam?.. heh...
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I think that is very bad experience for you. We all have been gone through this situation but your is really difficult. Well i am agree with your last line and that is 100% true and that is why money is most important thing.
Well said.
This is the final truth. I had no idea about your life related financial story. Now its clear about your past and present. Good to see some posts from real life experience like this one. Thnks.