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When I was 15 I told my friend that bitcoin was a sham
When I was 15, I was kind of known at my school as the investing guru because I had gambled on this penny stock at the time and made about $50,000. So one of my best friends twin brother came to me and he asked me if he thought bitcoin was a good investment choice, I told him I thought it was terrible and really volatile and unpredictable and at the time it was about $400-$700 a coin. Im not sure how influential I was on his perspective of bitcoin, I think he still ended up buying some, but I wish the roles were reversed and I let his curiosity be the authority on my curiosity as opposed to thinking I knew all. I think my ego was perhaps responsible for my unwillingness to look further into what bitcoin really was and investigate because when I finally did do that a couple years later, I realized how obvious of an investment bitcoin is and how the infrastructure/set up is designed for it to always increase in value essentially & be a sort of inflation fighter. I also lost the majority of that 50k but I learned some valuable lessons through all that. Keep an open mind, stay curious, buy bitcoin & HODL. & also always beware of the ego. We see it all the time “ahhh I couldve been x amount richer if I had just yada yada yada whatever” and I guess Im saying the same thing. But dont let your hubris rule money decisions !!! submitted by /u/super-saiyan-soaker [link] [comments]
When I was 15, I was kind of known at my school as the investing guru because I had gambled on this penny stock at the time and made about $50,000. So one of my best friends twin brother came to me and he asked me if he thought bitcoin was a good investment choice, I told him I thought it was terrible and really volatile and unpredictable and at the time it was about $400-$700 a coin. Im not sure how influential I was on his perspective of bitcoin, I think he still ended up buying some, but I wish the roles were reversed and I let his curiosity be the authority on my curiosity as opposed to thinking I knew all. I think my ego was perhaps responsible for my unwillingness to look further into what bitcoin really was and investigate because when I finally did do that a couple years later, I realized how obvious of an investment bitcoin is and how the infrastructure/set up is designed for it to always increase in value essentially & be a sort of inflation fighter. I also lost the majority of that 50k but I learned some valuable lessons through all that. Keep an open mind, stay curious, buy bitcoin & HODL. & also always beware of the ego. We see it all the time “ahhh I couldve been x amount richer if I had just yada yada yada whatever” and I guess Im saying the same thing. But dont let your hubris rule money decisions !!!
[link] [comments]
