Crypto is nothing to me before. For me, it is just a gimic of the tech-savvy on the internet. I thought of it as a scam. Truly, the advent of technology brings so many opportunities to human civilization.
Today, I never thought that I will be so into the crypto world. I fell in love with it. Just for a refresher, I started this journey back on February 14, 2021. I first invested 10 pesos/$0.20 just to see if it is a scam. I said to myself, "Okay, this be better grow to some cents for me to invest in this thing." And the morning comes, it became 11 pesos.$0.22. Okay, so this is real... Then fast forward, I'm here!
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So, I then research more on crypto, joined groups, and watch videos for me to be able to understand further. It was a rabbit hole. There was no day that I did not research crypto.
So, in this article, I will be giving three reasons why I invested in this. Maybe some are cliche, but I want to explain further. Let's begin!
1) I invested in crypto because I do not want my money to devaluate.
Fiat money is easily devaluated through time. One time my father is telling a story about how PHP 20/$0.40 can buy you a full basket of meat, veggies, and other household necessities. It was back in the 1970s then when he was still an elementary student. Today, PHP 20/$0.40 is nothing. You can only buy a couple of eggs and some seasonings. This is called inflation. There are several factors for money to devaluate such as the demand and the supply of goods.
For me, instead of my money just sitting on the bank, which has a low interest earned, I am investing in crypto. There are so many opportunities when you have the right DYOR game. You have to really invest time to learn for you not to get tripped along the way. In my experience, I lost in a coin because I did not do my research enough. I followed the hype and that mistake will never happen again. So, while I am still young and able, I want to invest in crypto.
2) There is always new in crypto.
The crypto world is fun! No boredom at all. I find it entertaining actually. There is always issues and news that people talk about. It was funny that there are coins made out of memes like SHIB and DOGE. I like the irony of it. We used to just laugh at these coins and now they are taking over the top list. Actually, I have a couple of DOGE coins. I took a risk actually because it is a meme, of course, I was scared. I bought mine for $0.05. Luckily, Elon has the power to change the game haha!
By the way, Elon is one of the people who makes the crypto world happy. He is kind of a double-edged sword, though. Some people are happy with him, some don't. Elon is si powerful and he should be responsible for what he will be saying pertaining to the coins.
3) I believe that crypto is the future.
I believe that in the future, the coins will be accepted everywhere like groceries, salons, shops, etc. It will be normal for people to go cashless and rely on crypto. One coin that makes me believe it is Bitcoin cash.
Right now, BCH will be the number one coin. Yes, it is impossible to imagine but why not, right? This coin has a lot of potentials and projects going on. This baby will be soon like his brotha, BTC.
I will be forever thankful for this coin because I knew of crypto and opened me a lot of opportunities. Right now, I am happy with what I have learned, yet there are still many to learn. So, I will not stop spreading about crypto and hopefully, more and more people will get interested and invest in it.
Final Thoughts
Haaay, what will the future hold? What lies ahead of me? Well, we do not know now but someday, everything will be clear. This is the first investment that I made in my 20+ of existence. I never tried Forex/stocks before. This is the only trading that I know really well. I am overwhelmed with stocks, to be honest and the progress is so slow. I am choosing crypto because I believe in its abilities.
Thank you for reading my article.
Peace- Jijisaur.
Lead image edited on Canva
Opensea/Twitter/Noise.cash: @Jijisaur
You can read my other articles here:
❤️ Answering Political Questions https://read.cash/@Jijisaur/answering-political-questions-8ff10896
❤️ Toxic Filipino Traits https://read.cash/@Jijisaur/toxic-filipino-traits-c001a6d5
❤️ What If I Am An Animal? https://read.cash/@Jijisaur/what-if-i-am-an-animal-e65168cf
pretty cool. from 0.20 and a whole new world is brought back to life. how did it feel during the suspense of the night before the 0.22 morning? you could write about that and how it felt to have the scam mindset and how freeing it is to know bwtter!
Thank you for the good read!