I bought €10 bucks of dogecoin all the way back in 2013. Thats the only time i ever did annything remotely close to ”investing”
I still have them and while i initially dreamed of using them to buy a gaming pc, i am a working adult now and the novelty of the coin is worth more then that. Regardless no tech store accepts doge as currency.
I never cared about any other crypto, if the point is to sell them for classical money then what is the point of it.
The price has remained a stable price of 1 Doge = 1 Doge regardless of Elon trying to wreck the system so i remain very happy with my purchase.
Ethereum is an interesting concept (that could be taken further with some future tech) that is different than just a 1:1 analogue to money, and people way smarter and more enterprising than me are probably already working on very real applications, but only time will tell.
I would also say they Monero has real use cases, and like fiat currency, some of it’s legal some isn’t.
I tend to loathe most crypto people. So I get it. But yeah, I still admit that it’s almost entirely about being an investment. I think the tech is cool, but I’m not sure there are any problems that need crypto to solve. Again, except maybe Monero, but that’s not a good investment.
I had typed out my whole story, but then cut it, of how I made a few “lucky trades,” and did quite well for myself. Not talking 7 figures, but at the last peak, we’re definitely talking life changing money. Of course I didn’t sell at the peak, though I’m not a fool and I took profits at a few points throughout the subsequent fall. Each time was painful, but in retrospect, it was the right move as I was actually able to enjoy some of it here and there. Never took out that much cash though, still believed ETH would bounce back so kept most of it as USDC and ETH, until today where I’m still holding, and things are looking pretty damn good.
The entire crypto market could crash tomorrow, and while I’d be bummed out, I still came out on top and have tangible things I wouldn’t have otherwise. Plus just having a slightly bigger “cushion” in your bank account is a big stress reliever.
People say “money doesn’t buy happiness,” maybe not, by it can definitely buy you anxiety relief.
Oh look, I ended up telling you my story anyway lol sorry. Well, different parts of the story (probably the more interesting stuff than my original).
If anyone’s read this far, thanks. I don’t know what happened, sometimes my brain just goes on autopilot and I just keep typing. It annoys the shit out of my friends when I do it though.
I understand that it’s zero-sum, and others lost for me to get that gain… But sometimes I have to think about myself and my own situation.
Yeah, and it’s easy to tell who are the bitter people who took a known gamble and lost. Gotta blame someone/something.
In case your referring to me, full disclosure.
I bought €10 bucks of dogecoin all the way back in 2013. Thats the only time i ever did annything remotely close to ”investing”
I still have them and while i initially dreamed of using them to buy a gaming pc, i am a working adult now and the novelty of the coin is worth more then that. Regardless no tech store accepts doge as currency.
I never cared about any other crypto, if the point is to sell them for classical money then what is the point of it.
The price has remained a stable price of 1 Doge = 1 Doge regardless of Elon trying to wreck the system so i remain very happy with my purchase.
Sounds like I wasn’t referring to you then.
Ethereum is an interesting concept (that could be taken further with some future tech) that is different than just a 1:1 analogue to money, and people way smarter and more enterprising than me are probably already working on very real applications, but only time will tell.
I would also say they Monero has real use cases, and like fiat currency, some of it’s legal some isn’t.
I tend to loathe most crypto people. So I get it. But yeah, I still admit that it’s almost entirely about being an investment. I think the tech is cool, but I’m not sure there are any problems that need crypto to solve. Again, except maybe Monero, but that’s not a good investment.
I had typed out my whole story, but then cut it, of how I made a few “lucky trades,” and did quite well for myself. Not talking 7 figures, but at the last peak, we’re definitely talking life changing money. Of course I didn’t sell at the peak, though I’m not a fool and I took profits at a few points throughout the subsequent fall. Each time was painful, but in retrospect, it was the right move as I was actually able to enjoy some of it here and there. Never took out that much cash though, still believed ETH would bounce back so kept most of it as USDC and ETH, until today where I’m still holding, and things are looking pretty damn good.
The entire crypto market could crash tomorrow, and while I’d be bummed out, I still came out on top and have tangible things I wouldn’t have otherwise. Plus just having a slightly bigger “cushion” in your bank account is a big stress reliever.
People say “money doesn’t buy happiness,” maybe not, by it can definitely buy you anxiety relief.
Oh look, I ended up telling you my story anyway lol sorry. Well, different parts of the story (probably the more interesting stuff than my original).
If anyone’s read this far, thanks. I don’t know what happened, sometimes my brain just goes on autopilot and I just keep typing. It annoys the shit out of my friends when I do it though.
I understand that it’s zero-sum, and others lost for me to get that gain… But sometimes I have to think about myself and my own situation.