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My Biggest Regret In Crypto

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Written by   209
1 month ago

Crypto Didn’t Exist

The year was 2007 and I had begun playing around with online earning opportunities. I was working crazy hours in management but had still found time to “play around” with this idea. I found myself extremely intrigued by the idea of online income, even if it was only a very modest amount. To me, it posed a way of future escape from a life of slavery. Many people only work 30 to 40 hours a week. At that stage, I was working approximately 80 hours per week. My average day began at 8:30 am and ended at approximately 1 am. There were days that ended earlier, and yes, days that ended even later. It was during this time that I began doing a lot of research, as well as testing out a few ideas.

Enter Bitcoin

It wasn’t long before Bitcoin entered the online space. If you were involved in the “online niche” back then you would have been aware of Bitcoin. At the time, I was not impressed by this new “digital internet cash”, which is how it was viewed back then. I was more interested in earning dollars and like most people back then, considered Bitcoin to be more of an “experiment” than anything else. Many of these online earning sites began offering it as a payment method. This is where my regret was born. Had I chosen to receive every third or fourth payment in Bitcoin, who knows how many BTC I would be sitting on today? I let this amazing opportunity pass me by. I was even given a second chance with Dogecoin. I can’t even remember how many zeros were on that coin when it first launched.

Almost

I must be honest, I was considering Doge at one point, as by this time, Bitcoin had experienced some form of success. However, it was not until 2015 that I got involved in Crypto. I had by this time seen enough to realize that I should begin taking this a lot more seriously. And so began my journey down the rabbit hole. Even a minimal investment back then would have been life-changing, to say the least. Why didn’t I just allocate a small amount as a gamble? That is why today, I often take a small gamble on projects that intrigue me. Choosing to invest even a hundred dollars in a $2 million market cap project with potential can later yield a significant harvest.

Final Thoughts

If something catches your attention, rather throw a few dollars at it. It will at least remind you to keep an eye on it. If you see it begin to show promise, throw a few more! I like to follow the rule of allocating at least 10% of my portfolio to high-risk/reward opportunities. You will never lose it all; even if you did, it’s only 10% of your portfolio. This is where you make the real money in Crypto. Thanks for stopping by! See you in the next one!

Disclaimer

First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.

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This article was first published on Sapphire Crypto.

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Written by   209
1 month ago
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Obiosly

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