Long bears and greying beards

I took this picture in Vienna last week and while he seemed to be a drunk that was shouting obscenities at passersby, I sat down and spent some time to find out just how he got there.

I found out he is a crypto holder... He is 23.

Today it was a very long day at work and happily, I successfully gave my first webinar at the end of a 10 hour day. Three hours talking non-stop is the kind of thing that I am pretty good at it seems. It was actually quite nice to do a webinar, is there a Steem App for them?

Tomorrow at 5 am I am off to Helsinki for training sessions where I get to be the student. I don't mind these either as they really do help me better understand my job and the ins and outs of the system I have to teach to others. Some people hate internal training but I am of the mind that it is all part of the skill development and being able to be very good at what I do in my position opens doors to other points in the future and more importantly, gives me credibility to leverage. It was nice to hear that my session in Vienna went well enough that I am likely to get invited back if things progress.

What does suck however is that while I am getting up and running with the new job, other things are sliding and, it isn't only Steem. I hardly get to check the trading exchanges lately and while I am not a huge trader, I do enjoy the game of it as it is one of the areas that has taught me a lot. Mostly about myself.

I can still recall the feeling of the first big drop I ever experienced where 25 percent of my trading value was wiped away in about 3 hours, all while I was at my in-laws summer cottage in the country and could do sweet FA about it. I was trading with so little that it really didn't mean that much but, the attachment was strong, as was the sunk cost of time taken to trade upward. Of course, the beauty about trading crypto is that, nothing was lost unless it doesn't spring back and since I am looking long, it will always spring back. Probably. Maybe.

It might take some time though right? Much like my friend in the picture has experienced the last 15 months that there has been bears roaming the exchange plateaus, driving any peaks they find into the ground. Time is a funny thing though as it really is relative. A couple seconds is not long, until your hand is held above a flame, a year is an eternity until told that is all the time one has left.

15 months of crypto-winter has passed in a blink of an eye for me when I look at all the changes in my life in that time and especially, how much my daughter has grown. I have to remember these reference points when I think about how ar into the future something is as while everyone wants Lambos now, is two to five years a long time to wait for the value of that Lambo? How much are you capable of earning a year and how much would your crypto holdings be worth if they go 100x in the next 5?

If that 100x happened for Steem, it would put my current holdings at about 2 million dollars or, 400k a year. What do you think i am making per year now? Well, it is less. A massive amount less than that. Of course that 100x might never happen for crypto and it might only go 20x in that time. then my Steem holdings would be 400k or, 80k an year. I still earn a lot less than that a year.

What are the chances of me working my business or salary from my work up to the value of crypto 5 years from now? Pretty slim I'd say. We are often so impatient though that we continually want the future today and are willing to throw that future away if it doesn't arrive fast enough. Yet, many of us can work jobs for 40 years with very little chance of increasing our earnings significantly in that time and if we do, it can come at a very heavy cost.

But, regardless of that potential crypto future, I am never going to rest on that future coming about until it has come to pass. That means that in the meantime while waiting for the institutional investors to start buying big and all of the steem applications and possibilities to develop, I am going to work at more traditional sources of revenue to not only hedge my bets a little but, make sure that I don't have to dip into the asset resources that have th highest chances of the greatest return. Risky? I am not so sure.

What is risky perhaps is spending 45 years working for other people's dreams in the hope that at some point, it will provide enough money to live life the way one wants to live. How many in this world actually manage that result? The odds are definitely stacked against us.

With that write, I am off to bed as getting out the door by about 530 is not really my strong suit and I am still yet to pack a suitcase for the trip and my wife went to bed an hour ago... where my clothes and the suitcase reside.

Taraz
[ a Steem original ]

btw, I have no idea who that guy is. Someone who bought Bitconnect perhaps?