02-26-2021, 06:52 PM
Crypto has given me real hope for my financial future for the first time in my life.
<!-- SC_OFF --><div class="md"><p>Just a little anecdote about my relationship with crypto and what it has done for me.</p> <p>I don't come from a wealthy background. enough to get by and to have some luxuries, but very much working class. I first heard about Bitcoin in 2012 and passed up on buying 10BTC at $10 each because the exchange required ID and I couldn't be bothered. I've lived with that regret ever since, and have foolishly kept to the sidelines observing crypto from a distance. recently I decided to invest for the first time, for the reason that I don't want to live with that regret for the rest of my life. I'd rather lose money I can recover than wonder "what if?" for the rest of my life. </p> <p>anyway, after lots of research on crypto I settled on a split of Cardano, Nano, and Bitcoin. I've been mining banano using at folding@home, lending out my processing power to help advance medicine and earning the banano cryptocurrency in doing so. I feel like I'm a part of something much larger than myself. if you're not aware of banano or folding@home for crypto I highly recommend checking it out: <a href="/r/banano">/r/banano</a>. It's a great concept with a strong community and it's a great way to get people into crypto, as banano (it's a fork of nano) transfers instantly, no fees, it's kid-friendly and laid-back. lots of fun. btw, if you're new to banano and are interested in it send me a message and I'll send you some banano
</p> <p>anyway, what started as a small investment turned into a second savings account. the benefit crypto has had on me is twofold:</p> <ol> <li><p>If I had the money in my bank account, I would feel tempted to spend it if I had a higher than usual amount. By locking away crypto in a wallet and treating it as a long term investment, that money won't be spent on a whim. as a result, my crypto wallet after 3 weeks has more in it than my savings account did at its peak (profit aside)</p></li> <li><p>cryptocurrency in general gains value over time. instead of just having a savings account that I don't touch and whose value decreases over time due to inflation, my cryptocurrencies gain value. a 5-10x price increase over the next several years is not unreasonable. </p></li> </ol> <p>I've never had hope for my future, financially. I resigned to living a poor, working class life a long time ago. I never thought I'd have any money. with my increasing levels of chronic pain, I've begun to worry that I may not be able to work for much longer.</p> <p>Crypto has changed all this. I now have so much hope. I have a savings account that is decentralised and isn't through a corrupt bank (always hated banks, so crypto makes sense). and that savings may well 10+x over the next however many years. if it did that, I may never have to work a job I don't want to ever again. I'd be able to rest easy, not worrying about getting through each work week with chronic pain. </p> <p>crypto can change my life forever. but more importantly, it can change the world forever. it's exciting, and a privilege to be a part of this. it truly is a once in our species opportunity.</p> <p>thanks for reading this long, pretty self-centered post. feel free to share your own experiences/give any input, I'd appreciate it.</p> <p>edit: thank you but please buy crypto instead of reddit awards! buy nano and set up a wenano faucet for others to use, buy banano and participate in the giveaways, buy cardano and stake it for 5% return, buy bitcoin and don't touch it for another decade. but don't buy reddit awards. thanks, though!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Esslemut"> /u/Esslemut </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lsusgb/crypto_has_given_me_real_hope_for_my_financial/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lsusgb/crypto_has_given_me_real_hope_for_my_financial/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Just a little anecdote about my relationship with crypto and what it has done for me.</p> <p>I don't come from a wealthy background. enough to get by and to have some luxuries, but very much working class. I first heard about Bitcoin in 2012 and passed up on buying 10BTC at $10 each because the exchange required ID and I couldn't be bothered. I've lived with that regret ever since, and have foolishly kept to the sidelines observing crypto from a distance. recently I decided to invest for the first time, for the reason that I don't want to live with that regret for the rest of my life. I'd rather lose money I can recover than wonder "what if?" for the rest of my life. </p> <p>anyway, after lots of research on crypto I settled on a split of Cardano, Nano, and Bitcoin. I've been mining banano using at folding@home, lending out my processing power to help advance medicine and earning the banano cryptocurrency in doing so. I feel like I'm a part of something much larger than myself. if you're not aware of banano or folding@home for crypto I highly recommend checking it out: <a href="/r/banano">/r/banano</a>. It's a great concept with a strong community and it's a great way to get people into crypto, as banano (it's a fork of nano) transfers instantly, no fees, it's kid-friendly and laid-back. lots of fun. btw, if you're new to banano and are interested in it send me a message and I'll send you some banano
</p> <p>anyway, what started as a small investment turned into a second savings account. the benefit crypto has had on me is twofold:</p> <ol> <li><p>If I had the money in my bank account, I would feel tempted to spend it if I had a higher than usual amount. By locking away crypto in a wallet and treating it as a long term investment, that money won't be spent on a whim. as a result, my crypto wallet after 3 weeks has more in it than my savings account did at its peak (profit aside)</p></li> <li><p>cryptocurrency in general gains value over time. instead of just having a savings account that I don't touch and whose value decreases over time due to inflation, my cryptocurrencies gain value. a 5-10x price increase over the next several years is not unreasonable. </p></li> </ol> <p>I've never had hope for my future, financially. I resigned to living a poor, working class life a long time ago. I never thought I'd have any money. with my increasing levels of chronic pain, I've begun to worry that I may not be able to work for much longer.</p> <p>Crypto has changed all this. I now have so much hope. I have a savings account that is decentralised and isn't through a corrupt bank (always hated banks, so crypto makes sense). and that savings may well 10+x over the next however many years. if it did that, I may never have to work a job I don't want to ever again. I'd be able to rest easy, not worrying about getting through each work week with chronic pain. </p> <p>crypto can change my life forever. but more importantly, it can change the world forever. it's exciting, and a privilege to be a part of this. it truly is a once in our species opportunity.</p> <p>thanks for reading this long, pretty self-centered post. feel free to share your own experiences/give any input, I'd appreciate it.</p> <p>edit: thank you but please buy crypto instead of reddit awards! buy nano and set up a wenano faucet for others to use, buy banano and participate in the giveaways, buy cardano and stake it for 5% return, buy bitcoin and don't touch it for another decade. but don't buy reddit awards. thanks, though!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Esslemut"> /u/Esslemut </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lsusgb/crypto_has_given_me_real_hope_for_my_financial/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lsusgb/crypto_has_given_me_real_hope_for_my_financial/">[comments]</a></span>Kind Regards R