Staying Afloat

We can agree that this year has been not so great in the crypto space in terms of portfolio and their value. Some people are still surviving on past glory, meaning that, money they made in the past is what they are using to sustain their lives right now. Those that were wise to convert their money to StableCoins and staked or invested it, would be so glad right now. Because, most cryptocurrencies are down more than 70%, making viewing your portfolio really sad. As a person who has been surviving off crypto for the past two years, I will say I have done quite great for myself. I have experienced a lot of set backs and mistakes this year and I am still standing strong. This year started with a lot of energy and Optmism, with lots of crypto assets in the portfolio. Unfortunately I have spent some of these coins because I was hunting retroactive airdrops.

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I took a risk of investing heavily on some move to earn, I was really impressed by the project and decided to invest more, unfortunately the team decided to change all the system and didn’t deliver most of their promises stated on their road map. Part of my lessons now is that, a project showing you roadmaps doesn’t guarantee that they will fulfill it. Hence, my conclusion that most web 3 projects are web 2 masquerading as web 3. Projects that will excel and be sustainable in the future are going to do so organically, when you are organically backed by the community, then it’s expected to be sustainable.

I have been staying afloat this period because of my past investment and HardWork. I learnt from my mistakes and learnt that investing in myself is the best way to survive this financial life. This way your work and effort comes to save you rather than completely relying on someone for money. Acquiring a skill and hunting airdrops have helped me stay afloat. I looked at my life and I was so grateful because I have gone through a lot this year and yet I am not owing any debt, just stuck in the constant loop of trying to improve and increase my finance. While doing that, I am also trying to position myself to benefit from the bull market when it comes.

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