Adventures in Investing Part 3- "I don't believe in Bitcoin"- (what my wife said)


As regular readers of this blog will know (yes, I think there are 3 may be 4 of you) my aim is to have invested enough to get 0.3 BTC by the end of the year. Typically I managed to invest a large (for me) sum of money just at the start of the dip and have been looking at the tumbling price wishing I had left it a few days later before buying.

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As I am looking at this investment long term I am not too worried about the price going down- in fact I welcome it as it gives me more opportunity to increase my stake. The only problem being I don't really have any other spare cash lying around. I managed to scrape together a £100 to buy some a couple of days ago and then looked at my share portfolio. I only started it in January and so there isn't a great amount in it but there is a bit. I know it won't take me long (a few months) to get back to the same amount invested at the moment so I considered whether it was worth liquidating it and putting the money into buying the dip. 

I asked my wife what she thought and this is when she said "I don't believe in Bitcoin." I thought this was a strange thing to say so I asked her to elaborate and she said that she thought that it would be made illegal soon. Reading the news recently I know that both India and Turkey have taken steps to control the use of crypto currency by their citizens so I think this was more of a translation thing when she said she didn't believe in it (actually what she said was "我一直不太相信比特币" which translated to "I never really believed in Bitcoin."

I do think it is the future and still has great potential. After talking to her for a while she decided to give me her blessing but just said don't invest too much. I haven't told her about the other money I have put in.  For me, that was extra money I wasn't expecting and so in my mind doesn't factor into my calculations. I have therefore sold the shares and am waiting for the money to clear so I can increase my holding. It won't get me to 0.3 but it is another step in the right direction. In the meantime I will continue with all the other things I am doing to raise/earn money including the faucets, website and YouTube. I've tried to make the above into an NTF but not sure what I need to do next so will be looking into that next.

Please click here to the blog post with referral links to the websites I am using to make money.  Any other suggestions/support would also be gratefully received.

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Relax,Meditate or Sleep
Relax,Meditate or Sleep

Educator and content developer- started a YouTube channel and created a website devoted to self-improvement- helping people to learn to relax, to learn how to meditate and how to sleep if they are having trouble doing that.


Relax, Meditate or Sleep with Crypto Dad
Relax, Meditate or Sleep with Crypto Dad

A blog about my journey in understanding crypto currency, coupled with my interests of relaxation, meditation and sleep. Will also be talking about the trials and tribulations, (as well as the benefits) of being a Westerner living in Shanghai, China

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