RE: The moneytree needs constant care - lifestyles of the rich and the famous - what if ... ?

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The moneytree needs constant care - lifestyles of the rich and the famous - what if ... ?

in money •  7 years ago 

The way I see it, If you invest in Crypto, you either score or you bust.
You have to be able to live with the consequences. If you have a few bucks lying around that you wont miss, then yes sure go for it... If not, rather invest in something safer and then use the profits from that to reinvest in crypto.
I did the latter, I had a pension fund payout when I switched jobs,
I invested all of it (roughly 11000USD) in FNB Bluechip Shares.. 4 years pass and my investment has grown to 43000USD so naturally I reinvested about 10000 in crypto and half the remaining 30000 in other shares. cashed out the rest. Payed off all debt, put some away for the kids, etc.
Best decision ever.

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Nice! I'm glad to hear these success stories :)