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RE: Rant: Learning basic Risk/Reward applied in real life - related to crypto currencies. Why cryptos aren't risky investments at all
Not sure what category would I fit in, but working to feed the family and just survive a day to day struggle was never my thing. I'm rather a modest person not needing much to enjoy living as I grow up like that and I do not hesitate to commit to risky decisions. The reason why is simple, I know how much I do spend and need for living, not much, the remaining usually gets invested in one thing or another. Also half wins are not really my thing. A better car or slightly bigger house? I always wanted it big. I guess the most important thing is to always have a dream and a potential to progress towards it. Like someone smart once said, "It's not about the destination; it's about the journey."
Agreed. I don't want newer Tesla or a S-class. If I want something I want a ferrari, a lambo, a porsche and a muscle car. And I want a huge garage to have them in. Or I could just bike around..I don't care really.
I used to wonder how financial acrobats could go from being broke, to have billions and then to broke again..but for some reason nothing seemed to change for them. They drove around in their bentley no matter what. The owed millions, but they still lived in the big house. A few years later, they have millions again..its because its in their nature. They cant help it. They are not in it for the money..but the journey indeed.