Bitcoin For Your Soul

    In the beginning there was no bitcoin and life was good, not great but good. When it finally reared its head it didn’t make much sense to a lot of people. I remember researching what it would take to mine bitcoin. Some people had reported that they had earned 200 bitcoin in a few days using two to three computers. To me it didn’t seem to have any purpose, I mean to generate this coin not only used significant amounts of power but was putting your computer on super blast while wearing it out and for what? And the coin, didn’t seem to have any real value at the time. 

   

    You could buy bitcoin but it was like throwing away money, a person couldn’t be sure if they would ever see that money again. Back then I didn’t make a lot of money putting myself through university so I kind of washed my hands of it. Big regret! But then again no one really knows what the next big thing is going to be.   

     Back in the day I could have set up my computer to mine bitcoin and would have been sitting on a couple of thousand bitcoin or I could have bought a couple of hundred dollars’ worth and today they would be worth millions. But like anything, at the time it was new no one had ever seen the likes of a bitcoin or what its potential would turn out to be. This coin however created a revolution of people that used it to stand up against the man. Unregulated digital currency that the banks and government couldn’t touch or track. Anonymity was handed back to the people and the people took advantage of it.  

   This upward revolution created a living breathing world of its own. Today Bitcoin is surrounded with altcoins that have the same potential to be the next best thing to bitcoin. So here we are in the infancy of this new digital currency world! What do we do? Even today with all we have learn about bitcoin and its growth the “altcoins” can be surround with skeptical or shady business practices. Many people have felt the wrath of a bad altcoin and lost huge amounts of money while others have become millionaires overnight. A millionaire overnight is the dream many bitcoiners strive for, but realistically it’s not that simple. When I first started trading bitcoin my only education came from chatrooms and forums and this information was purely hype and educated guesses. So as you could imagine my investment was based on buying blind and selling out of fear until I depleted my original investments. Winging it is a dangerously foolish way of throwing your money straight into the fire.   

    Listening to other people’s investments strategies is pretty common but being able to identify the truth from fiction takes a serious education. A person could spend months and years learning from trial and error at a loss that could be quite substantial. A better alternative is to find someone that is successful and trustworthy. LOL I know, in this day and age? But they’re out there! The person who set me on the right path was no stranger to cryptocurrency and I’m glad for that. It’s good to find a teacher or mentor that is passionate about what they do.  If you’re looking to pave your own path the bitcoin world, take the time to find the information or the person that inspires you to succeed. 

A good course  that I found useful is from Michael Suppo – Cryptocurrency Investment Course 2017.   

Please list the mentors that helped you find success. Thanks for reading!