A question I can't stand...
Having cryptocurrency and being an active proponent of the freedom it provides can expose you to a lot of questions and situations that would probably drive you crazy if you lack self-control.
Yesterday, I finally got to sit with my laptop and get some work done and then my sister, whom I live with, came around to talk about her usual financial struggles and whatnots.
I usually listen passively because it usually boils down to her talking about joining Hive and I've tried to help her but I usually just assist passively because I will not be expected to take her account as a priority. I have other things going on so I can't divide my attention to include managing her account.
For a while now, she has been talking about investing approximately $1k in cryptocurrency and I told her it would be a good investment as long as she can take her eyes off it for a while. She says she can, but honestly, I don't think she can.
Every time she brings up the topic she then talks about how she'd have to watch her money drop and then rise and how that's going to be stressful for her to watch. I try to be a good sister and encourage her to try to forget about it for at least 4 years. I mean this is currently a non-existent investment but there's already so much fear attached to it.
Yesterday, she broke my patience by asking me "if I invest that $1k, how much will I get in 1 year?" I have an intense hatred for this question and I can't stand being made to answer it.
I told her I had no idea, shut down my laptop and left the room. I feel like that question should only be asked when you're investing in a Ponzi scheme or something shady or maybe when you're applying for a job with the benefits written in a contract.
She obviously understands just how volatile cryptocurrency can be so why ask me such an uncertain question? What if I give an answer and be made to look like a liar when my speculation doesn't fall through.
I've been dragged into the system so deeply that I now think constantly in slow but steady growth. Sometimes, it looks like it just comes quick and out of the blues but it's actually an accumulation of minimal efforts over a consistent period of time. I've learnt to appreciate that.
While there's nothing wrong with expecting, I mean the reason we're so confident in the system is that we expect that even though our investments are low today, they won't be this low for a long while and we'll always bounce back. Hence why I told her to close her eyes for at least 4 years. A year just seems too shady. It could happen but there's really no certainty.
I'm grateful for the self-control I had in the midst of that question but it irks my soul.
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Many people will learn down the road. The proverbial horse to water comes to mind.
You can lead your sister to Hive but you cant make her get involved. All that you can do is to keep growing your account and enrich your own financial future.
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That's true
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Everyone wants that bank insured stagnant value. I know exactly what you mean, they're leaning on you for clarity because they can't bring their self to trust their own self. Eh, at least she still talks to you.
I pushed friends and cousins so hard back when BTC was between $200/$600. The sharper ones listened. At one point the two cousins I have stopped talking to me and they haven't talked to me to this day. It's been about four years I think.