My Sentimental Tryst With Crypto!

Summary

The author recounts their journey towards understanding and eventually engaging with cryptocurrency after initially being skeptical due to negative experiences and influences.

Abstract

The author describes their initial introduction to cryptocurrency in 2019, which was tainted by a friend's deceptive attempt to recruit them into a referral program. Subsequent interactions with acquaintances pushing Bitcoin trading without proper explanation furthered their skepticism, as did prevalent scams in the space. Despite their keen interest in finance, reflected in their engagement with a UK-based finance expert's cautious perspective on cryptocurrencies, the author remained wary. It was not until a conversation with a financially savvy individual and later, a wealthy mentor, that the author's perspective began to shift. The mentor's patience, willingness to educate, and investment of seed capital provided the necessary impetus for the author to consider cryptocurrency more seriously as a potential financial recovery strategy, albeit with a continued awareness of the risks.

Opinions

The author harbors distrust towards individuals who approach cryptocurrency with ulterior motives, such as the friend who tried to recruit them into a referral program.
A lack of clear explanation about cryptocurrency from peers contributed to the author's initial reluctance to engage with it.
The author values informed decision-making in finance, as evidenced by their hesitation based on the advice of a trusted finance expert who warned about the unknowns of cryptocurrency.
The author's skepticism is compounded by the high rate of scams associated with cryptocurrency.
A conversation with a financially savvy person and the subsequent involvement of a wealthy mentor helped to gradually change the author's view on the potential of cryptocurrency.
Despite being more open to the possibilities of cryptocurrency, the author remains cautious and vigilant against potential scams.
The author is currently experimenting with cryptocurrency as a means of financial recovery, backed by their mentor's financial support and guidance.

“Cryptocurrency is absolutely here to stay. If you can’t see that at this point, it’s time to learn more about it.”― Joel McLeod

In 2019, a friend tried to introduce me to cryptocurrency. The problem with his approach; he was rather sneaky about it. He did not try explaining the concept as best as he could. He was more interested in signing me up on his referral program. I show angst towards people I think are unjust or sneaky. No thanks to him. My intending relationship with cryptocurrency ended as quickly as it started.

After this encounter, a few other acquaintances tried to talk me into trading in Bitcoin. Because of my experience, I wasn’t so trusting. The second issue was that none of them tried to explain the concept to me. The latter reason was a major reason I wouldn’t venture into it. Third, there were just too many scams.

A trusted friend had tried introducing me again a few months back. Again, my scam antenna was up. I have talked a little about my knack for finance here and here. This interest caused me to follow a UK-based finance expert who talked about all things, money and investing. Between 2016 and 2019, his views on all things cryptocurrency were reserved. He told his students to thread with caution because it was something relatively unknown and untried. Of course, I listened.

Being a physician has earned me some perks. While in the line of duty, I met a guy very savvy in financial matters. Two months ago, and in a very serious tone, he told me to be wary of lots of financial ventures that were going on. He reminded me that the economy was terrible and people were desperate. Ethics were non-existent.

So, when you add some healthy skepticism and listen to what appears to be sound advice, you shy away from cryptocurrency. By the way, my friend in the previous paragraph got scammed.

Three weeks ago, one of my mentors called me. He is insanely wealthy. Guess what he wants to talk to me about? Cryptocurrency! He is very patient answering all my many questions. When he doesn’t have an answer, he refers me to resources that can help. Finally, he invests his money as my seed capital. Well, that gives me some serious push. After funding a burial, a wedding, and surgery, let’s see if this is what we need to bounce back financially. By the way, my scam antenna is still up!