Don’t do crypto. Friends don’t let friends do crypto. Someone should have stopped me.
I bought about two thousand dollars of Shiba Inu, Ethereum, Bitcoin and other crypto at the height of the crypto boom. It seemed like it would rise forever, and maybe I could make a few bucks. Sure, I didn’t think that the boom would last forever, but it did seem that it would keep rising, just a little.
And the weird thing is, I did. I did make money.
Ignore that graphic; I shouldn’t have put it up there. Dunno what I was thinking. Things were fine.
2021, a year into the pandemic. If ShibaInu went up just like 1%, everyone would be rich. Bitcoin had doubled and doubled again, it might, maybe, do it again.
I was sitting at this very desk, watching all the green in my spreadsheet, and I told my boyfriend that I would just invest all my savings into Bitcoin, and even if it just went up only 5% in a year, I would be beating the bank interest rate. (Which was stupid low, like near zero, back then and isn’t much better now).
I didn’t do it, though.
Then all crypto crashed.
Then the crypto exchange I used, Coinbase, had all sorts of bad news happening, so I moved my crypto out to my own personal wallet, and every few days, I get an e-mail telling me how much my crypto is worth.
Because I was once a crypto customer, I get e-mails, news alerts and all sorts of cool stuff just so entirely totally wonderfully predicting the wonderful new heights all the crypto will rise to.
These two e-mails don’t say the same thing. One promises the moon. One brings me back to Earth.
Once in the past three years, I came close to getting my money back. I probably should have cashed out then, taken the couple hundred dollars loss, but… it’s just so much fun watching this crypto rise and fall, never, ever going to make me rich or even breaking even, and I just appreciate the expensive lesson.
Don’t. Invest. In. Crypto.