I'm a living example of the crypto memes about the moron who started off with nothing, made a bunch of money during the 2017 bull market, and then lost everything by holding shitcoins during the bear market.
I was pretty down about it for a while, but eventually I came to realize that it's a blessing for me to eventually be able to feel that rush of going from nothing to becoming a success story once again.
Most people never get to experience that feeling at all in their lives. I already felt it once, and now I get to go through the process again.
So I totally agree on the best part being "going from nothing to something". It's a very rewarding feeling.
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It does show the potential of what can happen in crypto. However, easy come, easy go.
Coupling that with the long term growth is the path to success. Be ready to take some money off the table when the run is on and add to those projects you are confident about long term.
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I'll probably focus on LEO and Hive until I reach certain goals of mine. It's hard to juggle with a handful of tokens at the same time.
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Without a doubt. I am amazed at how some try to balance a dozen tokens. How can one pursue that many?
A lack of focus is a downfall. Many learned this lesson during the ICO bust.
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I have no idea.. I actually used to think that I would be able to do it with ease if I were a whale, as I could easily just swap this for that so to speak, and start to accumulate at a rapid pace..
I still think it would be easier for me to do that in such a scenario, as I would be able to "see the results" in a better fashion than I would today..
However, I would quickly be too eager or "greedy" andI would just keep stacking my most favorite tokens so I wouldn't manage to juggle more than a few anyways.. lol
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That is how I approach it.
I have a few that I am intent on adding, so I swap into them. When I get to a level I am happy with, I head onto something else and let those others grow via staking.
Over time, it gets me some decent stake in a number of projects; enough that it one hits, I will be well off.
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I think that's a really good approach. I have a good game plan this time, for me personally. I'm happy with the progress so far and the only thing I have to do now, is to stick with it. :)
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That puts you ahead of 99% of the people on here.
Also, the fact that LEO is part of your plan seems, to me, to be a smart idea. I am very excited especially after today's AMA. Khal is looking at building something really special.
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It sure is rewarding. It would take quite much for me to give up that feeling because it's a very special feeling.. But I've always liked the "zero to hero" thing.
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