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RE: I Finally Took the Loss
Oh, I make plenty of mistakes. I try to be open about them also. I think much of success comes from positioning yourself in such a way that you can take risks and recover from losses. Over the long term, the calculated risks work to your benefit. Most people are living pay check to pay check and have no buffer to take those beneficial risks so they can never get ahead.
But yeah, thinking about "mistakes" as cheap educational experiences is a much better perspective.
You are so right. Unfortunately right now I am one of those people, but I am confident that in time things are going to change, and I will have the ocasion to invest into cryptocurrencies. I love the thrill of this just thinking about it!
Start with a baby emergency fund of $500-$1000. From there, get a debt snow ball going, paying off your smallest debts first to get a win. After that, 3-6 months of living expenses in liquid savings. After that, you're ready to start saving and investing. That's Dave Ramsey's baby steps, and they work.
Thank you, I really appreciate all your effort!