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When it comes to investing in crypto, listen to yourself, and yourself only.

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by COINS NEWS 94 Views

Im not rich with crypto. I also didn't go broke from it. I did ok.

Some suggest that my success in investing in the coin was due to luck or good timing, but in reality, it was a conscious and well-informed decision on my part. Luck with the time or coin would be randomly picking an option out of a hat without any research or randomly picking a date to invest.

That said, here's a quick explanation of why you shouldn't be listening to what others say, and rely solely on your confidence, and gut feelings.

Not everyone is comfortable with making their own choices.

Some people rely on news to make decisions, even if the information has been available for decades. They may not be comfortable exploring new options. For example, some still believe cholesterol tests are the most accurate for heart disease, while C-reactive protein tests have been available for 40 years and are just as accurate if not more accurate in some circumstances.

But since cholesterol is advertised more, that's all they really know, and if you go back and say, Fk the cholesterol test, I feel better with a c-reactive protein test, they might think you are crazy or foolish. Because they don't understand.

There will be people that simply don't know what the FK you are getting into. So listening to how they feel is as good as being shilled into a shitcoin you don't know about.

Not everyone is comfortable with taking chances

You might have a relative, a co-worker, a neighbor or a friend like this, and Even though these same people will happily blow money on lottery losing $1,000 over a year or 4 years time, they did it in tiny fractions of $2-$5 a week. So it seems not much at all but when they find out you are making the choice to put down $500 on a coin and hold it for 4 years... That seems crazy.

Hey man, you better be careful, you could lose it all.

Why? Because they only understand what they did. So it's not recommended to listen to how they feel. They don't have any experience in what you are doing.

Some people are afraid to give up their safety net.

15 years ago, I quit a secure job with good benefits to live in another country with a woman I met. Despite doing thorough research and realizing I could get a higher paying job with no benefits and buy my own insurance, a coworker and even some friends and family thought I was INSANE!

You just can't get up and go...you have a job

Luckily I ignored their unfounded FUD and did it anyway.

Now i speak another language, have visited 48 countries and made friends all over the place that are happy to see me and help me out anytime I travel abroad. I can happily take a vacation anywhere in Europe and with the knowledge gained, I easily spend half the cost for twice the experience as anyway else attempting the same thing.

I even get FUD about doing things while I'm on vacation.

I would say "we are gonna rent a car and explore instead of relying on taxi all the time".

FUD You don't want to rent a car, and drive in that country, I heard people drive crazy there

Wait what? You finally had the guts to visit a new country and you're afraid to do normal things over there? People drive crazy over here. Just pay attention to the FKIN road and learn basic signs. If I listened to that even, i wouldn't have found all these hidden lesser known gem areas.

But I'm the crazy person with "Wild new ideas nobody every heard of" even though the very existence of the country I'm from heavily relied on people exploring new lands, and human history shows people have been exploring new lands since the start of humanity. But they never did that thing you did, so to them....it's ludicrous. You are foolish.

Don't listen investment advice from people like that. You'd have the same luck listening to a crackhead.

self employment

For reasons above, you can easily see why starting you own business is INSANE, and unheard of to many people.

Nevermind the very reason why they even have a job heavily relies on people who decided to start their own business. Just ignore that fact like it never happened and continue on with for shit pay increases every year.

But but....you have to work hard running a business

Huh? What? You are working hard anyway. The FK are you talking about?

Sure, starting a business isn't easy. But moving up the ladder at a job isn't easy either. You have to deal with so much heart ache sometimes and constantly be stressed at times.

It may take you YEARS. But you'll never see it come to fruitation if you don't take the chance. I'd rather take the chance then to be looking down the barrel of middle aged burnout regretting I never tried. Fk type of life is that?

Just do your own research, and If you feel confident about your choices... Listen to yourself. The majority of successful people who didn't grow up rich or receive an inheritance did this very exact thing.

That's all, and this is advice.

submitted by /u/JuicySpark
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