A Warning If Your New To The Crpyto Scene

A Warning If Your New To The Crpyto Scene

A Reddit user named mastvrbatr posted a warning for anyone entering the crypto scene. Money changes people. Greed changes people more. It’s always a good idea to remind yourself how quickly things can change if you don’t have a plan.

The post summary (TLDR) posted by mastvrbatr really hits home. It’s sad.

To put it succinctly, the above is a very short overview of the financial hole I have found myself due to greed, arrogance and stupidity over the past few years. Hopefully a warning to others. Don’t chase losses, don’t look for the next get rich scheme and don’t invest money that isn’t yours to start with. Basically, don’t ruin your life like me. If only I had just held.

mastvrbatr

If you haven’t, click the link to the post and give it a full read. It’s well worth it. And keep in mind this is only a fraction of the horror stories out there. Majority of people in this situation would be too embarrassed to say anything.

I can only wish this person well and hope they can improve their financial situation in the future. I think the post was admirable and hopefully helps all of us be a little smarter with our crypto money.

((UPDATE)) I see that mastvrbatr posted a small edit to his thread. It’s good to see people being supportive.

A quick edit to say thank you to everyone who has taken the time to read the above and replied in the comments. I’ve had some very honest and insightful responses and some incredibly useful suggestions about how I can bring myself back from this dilemma. I’ll be seeking professional help both for the gambling and the debt management and hopefully get myself on the right track for the sake of my own sanity and that of my family’s.

mastvrbatr

Again, I wish him all the best. Remember to stay wise and stay grounded.