And just like that, the
first month of my crypto-savings mania flew by (otherwise all money flew away on the kids — I have four of them, and they, like little crypto-miners, constantly require new "upgrades": sneakers, tablets, or "Mom, buy me this toy!").
Why crypto?
Because banks are the bottom!
Once upon a time, back in 2014, my husband and I learned about Bitcoin for $350. Three hundred fifty, Carl!!! We were collecting satoshis from faucets like mushrooms after the rain, and then... losing them in crypto-lotteries. Dogecoins were falling on us by the hundreds, but we spent them on all sorts of nonsense, investing in various scams.
Oh! If only we had just tucked all those coins under the mattress, we could buy that mattress now... made of pure gold. But alas, after a fight, one does not wave their fists! And better late than never!
My husband, taught by bitter experience, went to trading school. Now he spends whole days watching charts, even during his main job. Since he decided not to quit
his job until he achieves a stable profit of 6% per month from trading. Thus he was
taught in school: not to chase superprofits, but to work from compound interest in the long term.
It's especially funny when he tries to explain hedging with futures to me:
— Imagine you're buying an umbrella before the rain..."
— "Dear, I gave birth to four children, not studied economics!"
My crypto adventures:
1. Attempt: I bought Ether and some coin with a cute name. I set orders to +0.5% — it worked! I could already see myself as a crypto-guru.
2. Attempt: I invested in HAEDAL (just because there was growth on huge volumes). The coin dropped. I averaged down and again got in wrong, at the wrong place. It dropped again. My husband
sighed: "Dear, you are not a trader, - you are a greedy hamster!"
3. Fail #1: I got into a coin that was not on futures. I had to sell at a loss. Now I check three times.
4. Fail #2: I tried to sell Ether on futures... which I didn't have. My husband is still laughing!
As a result of all my wanderings, an investment and savings strategy was developed:
- Earn — my lifeline. If the coin drops — I send it to "the sanatorium" for interest.
- Hedging: — My husband taught me to hedge with futures. Now when the market falls, I don't pay, I gloat.
- DCA — I buy little by little, like I used to save for a fur coat (only here moths won't eat it).
P.S. If in 10 years Bitcoin costs $10 million, I will write: "How I became a crypto-grandma and finally bought my husband a new monitor, so my beloved doesn't spoil his eyes!"
