"Money is just an illusion" ~ Charles Fuchs.
What's Up STACKERS!
We are currently living in one of the biggest wealth transfer in history, are you prepared for it? Is cryptocurrency the answer?... only time will tell. ⏰
Everyday, I keep getting questions if they should invest in Bitcoin and Cryptocurrency. Well, the answer is totally up to them based on their own research. 👨🏼💻
Instead of me saying buy this or that, I tend to give people information about the "blockchain" and how it's going to change the world instead. If they get the concept, they can make there own informed decision.
The question is not really if they should invest in cryptocurrency or not, most people just don't want to lose "money". You see, people tend to invest in things that they don't understand or have little information to make a logical or rational decision. 👨🏼🏫
It's totally up them, if you think Bitcoin and Cryptocurrency are the future, all you have to do is invest and take emotions out of it. 😩
I have no problem investing into Bitcoin and Cryptocurrencies because I only invest what I can afford to lose and by doing DAC (Dollar Cost Averaging) every week, It takes the emotions out of it.
Earning STEEM daily is like dollar cost averaging, we have no control over it. We post, we earn, we wait, then in 7 days we get paid. There is no thinking or emotion involved. It's like dollar cost averaging Steem without knowing it. 🤣
Too many people go "ALL IN" just like they did in November and December of 2017 and lost there asses off just because "everyone" was talking about it (Herd Mentality). They let their emotions get the best of them.
Will Bitcoin and the Cryptocurrencies of today be a good investment? I have no idea... I just position myself and wait. Crypto's are a very speculative play and one can lose it all but with big risks, comes with high rewards. 📊
So to conclude this, I recommend people to diversify. Never "Go ALL IN". The biggest wealth transfer is coming in the next 10 years, you need to prepare yourself.
Have lots of gold, silver, cash, cryptocurrencies, get out of debt, educate yourself, have an online business, guns and ammo, have like minded friends etc... etc... by doing these simple things, you will be prepared for what the future holds.
Have an awesome Saturday guys and Keep on STACKIN! 💞
P.S. For those who's interested in following my "Content" and "Daily" Posts... you can just follow me @stackin to get my updates.
