The Ride That Some Investors May Want to Get Off
By Michaelson Williams, TSX, author of YOU ARE ILLUMINATI, Trainwashing: The Secrets of Positive Brain Washing, True Success Naturally, The Legacy Wife, and more...
Investing in crypto is not for the faint of heart, stomach, or mind. This is why most crypto investors begin the journey aggressively and slowly lose momentum as time goes on. Well, if you look at investing from a human activity perspective, I guess everyone eventually slows down at whatever they do. It's extremely difficult to keep that starter momentum throughout the entire ride, which is why there are so few truly successful people at anything.
I look at investing in crypto much like being at an amusement park, with Bitcoin being the ultimate roller coaster ride. Not everyone who gets in line is completely sure they'll strap in for the scariest parts. If you've been at the crypto investment amusement park for a while, you're probably used to most of the rides and may even have gotten sick from eating too much cotton candy. For this tale, the "cotton candy" would be the altcoin investments. You know the ones. They pull you in with their sweet goodness, only to have you running to the bathroom toilet in the end.
Bad investments always look good on the surface, but as the project falls apart for whatever reason, you're always left feeling a bit sick to your stomach. Bitcoin is the ride at the end of the park, past all the kiddie rides and the rides for people who get investment-sick easily. This ride is the one that many investors believe they are prepared for, but when the time comes to be rocketed into uncertainty, they start quaking in their boots. Many Bitcoin investors decide to strap in, but they're crying for Mommy as they look down the track at what's coming, or at least what they think is coming.
See, Bitcoin may be the most unpredictable thing that most crypto investors have ever encountered in their entire lives. I know this was true for me. I've been investing in crypto for years and even ran a couple of unsuccessful projects, and the ride has been completely unpredictable. Anyone who was ever a part of a legitimate crypto startup understands exactly what I mean. At every turn, there's another brick wall to overcome. I've seen some great crypto projects, and even exchanges, collapse under the weight of government control, which is what happened in my case. But I will never give up or, for this analogy, never leave the park.
This is what I think crypto investors should keep in mind. Even though this isn't financial advice, stay at the crypto amusement park for as long as you can. Have as much fun as you can with each investment, and remember that money, in general, is a game that most people lose. If you approach crypto investing as a game—an amusement—you'll feel better during the twists, turns, ups, downs, and even the loop-de-loops will start being fun. After all, it isn't about how you feel after only one ride, but about the entire crypto investment amusement park experience.
Written by Michaelson Williams
Creator of The MichaelsonEffect
Author of YOU ARE ILLUMINATI - Psychological World War III
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