When Is It Right to Buy

The recent drop in cryptocurrency got everyone upset. The entire social media was silent. The few questions from facebook and Whatsapp asking what has happened wasn't met with any answer. Everyone was reeling in agony, it was like diarrhea for the 3rd continuous day. It was like Black Monday all over again.

Everyone is talking about the fork, and as far as I know fork is a kitchen utensil that I used to eat. Then they would couple the word fork with SEGWIT, I asked myself, that sounds like a project from Area 51, Nevada. Without having a clue, I made my first purchase of ethereum when it was hovering at USD 204/eth just like Little Red Riding Hood not knowing that grandma will soon be eaten.
I was pretty proud of my deed and I took a glance at my cat and telepathically, I told her, 'don't you worry, this investment will secure our future.' Well, she heard me but she couldn't care the least, her personal grooming is of utmost importance or when is the next visit from my friends who will shower her with countless of cheek rubs.

Then the bloodbath came. It was swift it was cruel and it was uncompromising. The price took a tumble. At USD155/eth I told my beloved cat, I think we must both start to work again, and you got to stop grooming yourself and use that skill to groom other cats and get paid for it. She wasn't amused. Ethereum was one of the worst hit cryptocoin during the massacre. Looks like we got to fall back on good old dollar and pound. The enthusiasm died down, everyone was quiet, the weekend was a sombre reflection, perhaps I am not Salvatore Dali or Warren Buffet, but I can't be that unlucky. Its like entering the casino for the first time, bet on all numbers on the roulette table except the green number, then guess which number did the ball land on? Tell me it isn't rigged!

So, there was a 30 minutes reflection of my 15 years of adulthood, and what I wish to achieve to gain financial freedom, definitely Bitcoin or Ethereum seems like a far fetched idea for the time being, so I took the next best bet, I turned to YouTube and typed, 'How to Make Money in 2017'.

Author:
Ng Chung Yee