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Crypto has totally messed up my relationship with money. Anyone else?

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by COINS NEWS 189 Views

I've been playing the crypto game since 2013, and whilst not rich, crypto has made me much more financially secure. But in the process it's also messed up my relationship with money.

During the last big crash, I watched my portfolio drop by about $50k... And I felt nothing. Admittedly at this point none of this is truly 'my money' anymore, and I'd maxed out my capital gains for the year so couldn't easily sell without significant tax liability - but the numbers now mean very little to me.

In addition to my crypto antics I also work full time and have my own business. It always strikes me how hard I have to work for such little return, compared to my crypto earnings over the last few years. Sometimes makes everything feel a little pointless.

Hell, over the years I've sold tokens that have literally been airdropped into my lap for tens of thousands of dollars... And then during my 9-5 I find myself slaving away to try and secure contracts worth a fraction of that value.

Combined with what I've learnt about the monetary system over the years and the mechanics behind fiat, I feel like I've sort of broken free - but not in a cool Neo from the Matrix type of way - more of a growing ambivalence towards money.

The danger of course is that crypto is probably a once in a lifetime opportunity, and one that won't always be there. I'll probably end up like one of those child pop stars, that peaks too early and then spends the rest of their life chasing the previous high, ruining their life in the process.

submitted by /u/TrueSpins
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