It's a harsh truth that investing in crypto is not for those who let anything take over their heads. Let me tell you a real story to verify my point. Before 2 years, one of my closest friends came to me and announced that he wanted to invest in Cryptocurrency.

I, who is usually reluctant to advice anyone for any kind of investment, strongly opposed his intentions. Throughout my discussion with him, I tried to deliver about the negatives of crypto; be it volatility or regulations. But all my points went in vain as my friend had a very swordy answer "You are all in crypto, living a life of your choice and now I want the same for me as I am completely fed up with my job". 

"Yes, it's absolutely true that I am living a life of my choice and am all in Cryptocurrency, but once I was not. It was only the second bull run that my crypto career witnessed when I could leave all other work I used to do". I answered a bit cautiously. 

However my friend did not want to listen arguments against crypto and countered me everytime as if he were a true crypto patriot and I were a nomad. He insisted to let off the talks and asked how he could buy Ethereum, which he thought has better positioning to replace and dethrone Bitcoin. I straight away knew that my friend is influenced with the beauty of Ethereum, the queen, but could not behold the solidity and robustness of Bitcoin, the smartest Guy.

My friend, being an adamant to the fullest, started his crypto journey in mid 2021, albeit with a strategy and gameplan. I want to admit here that I did not want him to start with crypto in a bull run but he was so fascinated with crypto or may be so desperate with his career that he invested without an initial knowledge of crypto methodology.

As it goes, "Full are the joys of spring". My friend is someone who is having time of his life until it started getting dark and then darker. The crypto winter after 2021 had no stopping and with that my friend's cloud nine came came crashing to the floor. He admitted to me that now he is taking sleep pills and it could be even worse if he had left his job as he desired.

His initial investment or I would rather call it a foolish gamble is nearly down 70% even after a modest recovery earlier this year. And now he is not as adamant as he was once and he has finally started to listen and understand what it is to be a cryptogeek after all.

If you guys read well, you must remember my friend started his crypto journey with a strategy or gameplan. I did not mention what the plan was because I intended this to add as the moral of the story. So let me reveal it to all my reverend readers.

I am of the view that crypto is for everyone and it's better than never to start your crypto journey anytime. With that said, you can start your crypto journey anytime but be prepared for almost anything. Be it a crash or an extended bull run. 

In the case of my friend's crypto gameplan, I suggested him to carry on with his job even if it was boring or he was unwilling to follow orders. As I mentioned to him that his job would save him from a lot of undue pressure of unpaying of bills or rent, so he listened to me and took to crypto as his part time hobby. 

Never leave your current job while starting your investment journey.

Secondly, I suggested him not to go all in crypto. I divided his savings for investment into five fragments of 20% each and let him to invest the first fragment of 20% anytime with any coin of his choice. You already know his choice which is Ethereum at about $4000 a coin, and this is where I was not willing to invest because fo me it was the peak. But he went with it and did not stop him for the reason that h must learn a lesson for patience.

Divide your ready to invest money into fragments and invest one at a time when the prices are at the lowest.

Now that we are into a crypto winter, the fragments that I created for my friend I told him to apply one portion at the lowest for a long term and apply one portion in trading to gain profits on a regular basis. Leaving him with 2 portions which I suggested him to apply into Bitcoin and XRP (Ripple) respectively. 

Another thing that I told him was to learn as much as possible. For learning I suggested him to read books on investment and articles related to crypto. He followed my advice and what I see him now is that he feels a better trader sometimes when he sits with me before our PC. 

To be a successful investor, it's essential to keep on learning as much as possible.

So Friends, this is the story which has turned out to be a motivation for a few other friends of mine and I must admit that I am none of a mentor, I simply told him what I have witnessed or what has been the case with me. It's just a matter of copy and paste strategy nothing more.

As always Thanks for Reading

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