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RE: AskSteemit: What is something you wish you had known earlier about cryptocurrencies?

in #crypto7 years ago

My big lesson was that I'm poor, so I should not do the same things as people who have hundreds of thousands of dollars (or more).

All of the HODL talk is amazing, but for me, I honestly wish I had put more money back into USD when I had the chance. I ended up selling a lot of Steem Power at low prices to pay necessary bills. If I had sold some steem and just put money in my savings account back when prices were high, I could've avoided some financial stress now.

From now on I'm going to reduce to a stable 1,000 tokens of SP powered up and convert the rest to USD to pay debts. It's more reasonable for financial safety this way.