Never forget the value of time. You can acquire much in life. By comparison, time is fixed. Use it wisely. ― Tim Fargo
Time is a funny thing. I remember in 2013 a friend of mine told me about a funny sounding currency called Bitcoin. We talked about the blockchain technology and its future. I was super intrigued but not yet convienced. At the time, I didn't think any thing of the information. I let time build faster than compound interest.
Now flash forward to 2017, I am super impressed with the community that has been built around cryptocurrency.
Here are a few takeaways I have noted by being an outliner in the community throughout the years:
Plan - A fool builds a house on sand. Plan your investments and think about the long-term changes. Don't make choices based on emotion but rather facts.
Sleep on it - To tie into the planning phase, do not run into something without researching it first. Group Think is a powerful force.
Never Invest what you are not able to lose - Risk is everywhere but there is not increase without risk.
Set an end point - Do not have free floating goals, if your end-game is to gain 2-Bitcoin then once you reach your goal, then withdraw. Goals can always be reset but you need to be disciplined and consistent.
Build the community - Cryptocurrency is not an army of one. There are developers, enthusiasts, and traders. All who want to see the community grow. Don't be that guy who just wants to gain a million dollars off crypto because you won't.
The technology driving the Blockchain is in its very basic stages.
Don't think that it's never too late to start because now is a perfect time.
Until Next time.
Show some love:
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ETH: 0xD5ED12aC863F66344277C9D436365D4d6E683bB5
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