My Very First Investment Post in Crypto. Hm...

in palnet •  5 years ago  (edited)

Proverbs 21:20 The wise store up choice food and olive oil, but fools gulp theirs down.

지혜있는 자의 집에는 귀한 보배와 기름이 있으나 미련한 자는 이것을 다 삼켜버리느니라

Actually all I wanted was just to help the @gtpjfoodbank when @littlenewthings told me about the @fundition posts to help spread the awareness and in hope to save up for the Food Bank's rainy days.

With her proposal plan of Charitable Investment in her @dses posts while helping the Food Bank, I found that it was something worth helping as I always have been donating to it cause.

And soon, without me really know what this is all about. I have this account and then I totally let it be.

Until @litttlenewthings told me about these looming new "tokens" (till now I am still confused with crypto currencies as "stocks") that new communities in this platform is building. She was particularly fond of the @palnet token system because she said they have been there from day one; and they have potential.

So are the new comers like steemcoinpan and steemleo (?)

So why not?

Looking at the market in Steemit feels rather disheartening; and since I still have enough SBD, why not give these stocks a try. Maybe they will be as successful in the long term like Steemit.

I think they are more than 3 years old now?

With a little bit that I have I will try and see if I can pump in something, starting with palnet; and maybe if I can grow them I can invest into steemcoinpan and then steemleo later.

They are not looking all too exciting now, but I heard from @littlenewthings even steemit started with low values.

Sometimes a chance could yield fruit. Just need to know which one to have.

Ecclesiastes 11:2 Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.

일곱에게나 여덟에게 나눠줄지어다 무슨 재앙이 땅에 임할는지 네가 알지 못함이니라

Isn't this a wise advice?

The worse case I can think about this is that even if this flops my money that has invested into @gtpjfoodbank to help the poor is already a win-win for me in improving my life's purpose; and if this can help more communities around the world to feed their families, then;

YES, WHY NOT?

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