Haven’t written about crypto in a while. Probably should. In short, more people ought to be in it. At the very least, people should have it on their radar. Some do, but will be too late. They are waiting for the right moment. Waiting for a raise. Waiting for extra money to invest. Waiting to see what the government is going to do. Listening, I suspect, to the wrong people.
That’s okay. We’re all different. I’m not going to force anyone into something. Talking to people about crypto, explaining to them the potential it has to alter their life for the better, is like telling them to eat healthier or exercise. Finances are personal. Just as one’s decision to do whatever with their body. People ought to keep their mouths closed, opinions to themselves, and listen more.
For the most part, I preach to the choir. The crowd I run in is aware of crypto. We all have our favorites. Our investment strategies differ. But, we’re in it to win it. It’s rare that I talk to people outside of crypto about crypto. It’s like having golfing buddies, or gamer friends, or being part of the same church. You talk about the greens, leveling up, or your God. At least, I think that’s what they do. I don’t golf. Don’t game. And my church is this—putting my fingers to the keys. Or fishing a stream. Walking with my wife. Playing with the dogs. Driving the 4Runner along backroads and trails. Or listening to my kids talk about anything.
Speaking of kids. They started investing. I’m happy about that. My son took his first paycheck—one he earned by busting his 15-year-old ass roofing houses—and went all in. My daughter, a 12-year-old that coaches gymnastics and babysits, put in half of hers. The past few years of listening to dear old Dad talk about crypto must have sunk in. They’ve already experienced the ups and downs. But they are prepared. They’re going to invest more and wait it out. I like it because it has added another dimension to our family. Strengthened the bond.
My Mom’s in too. She isn’t sure what it is, doesn’t know exactly what to do, but the potential gains have her hooked. She checks her portfolio multiple times a day and texts me. Especially if it’s down. It’s okay though, I keep her calm. Help her manage expectations. I reinforce the fact that in the whole scheme of things, the crypto she’s invested in is sound. There will be ups and downs, but she has to look at the big picture. The long term.
“I’ve been married to your father for 50 years,” she says. “I think I understand.”
Crypto is a beautiful experience. A relationship. It’s important to choose wisely, be patient, and understand that things don’t always go as planned. All you can do is live each day the best that you can. Stay positive. And keep investing. Nurture your crypto relationship. Care for it so that it can grow. And one day, it will take care of you.
~ @cryptokj2