The story of an Old man with his crypto game

I heard the story of a man who worked during the days of his youth. He was a well trained and a member of the army force.

He never wanted to live a life of pity after serving his country to be in a state of owning nothing and having nothing to rely on.

Well, it isn't a bad thing to own stocks, to have liquid assets and bonds, it is really pleasing to have enough stacked together against the rainy days.

Just what the man did. Every portion of his earnings, he bought a coin, every month he bought a coin with the hope of after a few years when I choose to retire, I'll take a chill pill with my leg crossed in a beach and have a lovely life after.

A good dream for a man who has no children.

Before talking about what the man did wrong, it is important I let you know the basis of my conclusion.

THE TWO BEST WAYS TO INVEST IN CRYPTO CURRENCY

A training from my boss revealed to me that Crypto is a game you need to learn how to play. I didn't know it could be a source of daily and monthly income for some until a few nuggets was shared with me. These two ways was what I was taught yesterday by my boss.

1. The short time Strategy:

Aside Investment, you need to live on something, you need to get rewards for your labour right?

The short time Strategy is a way of getting a hold of every market Information knowing simple factors about when to trade and when not to trade.

I didn't know it can be so profitable to understanding the best market time and times when you shouldn't dear sell your coin.

Basically it isn't the coin or the stock or the Business that makes you rich, it is your knowledge about the stock market, about the trading policy, about the business that truly makes you rich.

To do the short term plan, all you need to do is to invest more in the knowledge part of the market and you will smile definitely 😊.

2. The Long term game :

This is the most profiting and sometimes we see it as the best of all Investment. Everyone talks about it.

Basically playing the long game also requires some Strategy.

Let me continue my story about the old man who bought a coin.

CONTINUATION OF MY STORY

This story I heard was so shocking that I felt pitied Everytime I hear it.

This man took his funds and lifetime savings from the military, annually and bought a coin to cash out when he is ready to retire.

Forwarded to retirement, that moment was when the market went dip. An old man who isn't equipped in knowledge slumped and got hospitalized because he Practically lost 70% of his life time savings.

The problem wasn't him not investing, the problem was the wrong way of investing.

The market went dip just when he needed it and just as the story concluded he did develop some sickness due to his old age and was unable to truly enjoy the money he kept.

This is so sad and it is quite Important we have it in mind that when we invest long time we should invest with what we can afford and having the mind that we will make the money back when the time is right.

People with the long term goals have developed a few understuding about the market and they don't really get bothered about the fluctuation until when they are ready to have their money multiplied.

Ensure you know your game well before playing, so you don't play and lose big.

Disclaimer : *This isn't by itself the road map, this is just a craft of my understanding.

Thank you for reading 🥰🥰

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