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The Unlearning Curve by tarazkp

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· @tarazkp · (edited)
$100.52
The Unlearning Curve
<div class="text-justify">

In a conversation with @slobberchops about how he tried to get his friend into Splinterlands at some point, but all his friend wanted to ask about was Bitcoin. Like me, Slobber thinks that Bitcoin is boring, but like me - we are of a different breed - compared to the *no-coiner commoner.*

For us and many others, we are coming from a different frame than where a no-coiner is positioned, because, we already have multiple token exposure, where we likely have some BTC, some ETH, HIVE, Splinterlands cards and tokens, a bit of RUNE, or this, that and the other  - or have sold out of them already and gone into something more exciting that has more potential.


![image.png](https://files.peakd.com/file/peakd-hive/tarazkp/23xepNyFtW11SCUFvDcmEzkGvmAuCKcXYE4ktCUtziyYmczgtjQjU8xXoNzXdidP6fc8w.png)


For a no-coiner making their first foray into crypto however, Bitcoin *is exciting and volatile* and they feel that they are already entering into a risk zone they are not comfortable with and struggling to come to terms with how they are able to justify putting their hard-earned money into something that doesn't even exist. And as Slobs mentioned in the conversation, most "mere mortals" can't take the volatility.

>You learn to ignore it over time.

*Risk that is.*

>A full 3 year bear cycle does that to you.

*Yes it does.*

But, there are other aspects of "the crypto game" that can allow more of us to play *fast and loose* with our value, because we went through that cycle, we kept working, trading, buying, adding, building. This means that as prices fluctuate, we are able to upsize our investments and when an opportunity arises, we can buy in, as we are in "profit" or using "free money" - or *profit on gains on free tokens that got dropped to us years ago.*

Getting into crypto seems like such a no-brainer thing to do (for us) with at least some small percentage of income, but for most people, the fear of loss is just too difficult to overcome. Even when they can earn it with no risk like on Hive, the amounts that they get are considered "too small" to matter - yet, they can't put these kinds of *small amounts* in themselves - "too much risk". 

This means that they don't put anything in, which means that they never learn to get over that fear of risk, which might be good! They can keep the farm, for now. But, *unlearning* that fear of loss and starting now on a journey into what is likely to become a core part of the economy and see phenomenal growth in the next decade, would likely be the most valuable thing they will ever do - by percentage at least. 

>Always at the wrong time.

*That's the law.*

They say that rather than buying "stuff" we should buy "experience", but it is exactly this that people who choose not to get involved are really missing out on. The experience of facing the risk, being part of a new industry, true ownership and the control of assets and perhaps most of all, the opportunity to be part of something greater than oneself, by targeting a system that is fundamentally oppressive and cause for so much of the pain of the world. Ironically, the fears that most people have of getting into crypto, are fed by the system crypto looks to replace. When they do buy, it is because everyone else is buying on the hype, so they buy the top.

They don't understand that the thing holding them back is part of a self-protection control mechanism of the current economy. You don't have enough to invest, save it instead. Money doesn't grow on trees, so protect what you have. Buy something that is real, because it is better to have something, than nothing. 

"Real"

Is what the majority of people are buying *real* or is it a fantasy world, an impression of worth, even though it brings nothing to the table and will only ever go down in value - if it is saleable at all. So, you pay for a streaming service and there is value in it for you? Can you sell me some of it. Oh - it is not that kind of value - of course, but then, how much are we spending on non-saleable value propositions, believing they are valuable *to us.* If we aren't getting something that makes us better in some way, it is useless.

Money doesn't make anyone better for having it - but it is a tool that can buy opportunity and through that expenditure, we can change our understanding and behavior. When people start to invest into crypto, they aren't buying a token, they are buying an education into a field that no school can ever teach

>It can't be taught, it must be experienced.

This is the rule of life. What is there to be afraid of? Sure, invest and you might lose a few percent of what you could have spent, but what would you have spent it on anyway? If it is food that you need, then the little amounts that you could earn for work are worth it. If it is just more crap to clutter your home, is it such a risk to not have it?

But, we are conditioned to fear not having what we are told we should have, by those who profit from us having it. This is the way the current economy works - it isn't an incentive system to participate, it is a punishment process to not. 

>FOMO is the fear of missing out, not *the love of being in.*

And this is why most can't bring themselves to face the risk, to look at Bitcoin, let alone past it. What they are wanting to do is buy a better place in the current economy, because they fear missing out on what they have been conditioned to want, even though they don't love the experience of being part of it.

They do say, invest into what you know and - most people are yet to understand that what they know in terms of the economy, is already on its deathbed and receiving last rites. 

It might be painful, difficult, stressful and scary at times - but most people in crypto, *love being in crypto.* It is a mentality, a philosophy, a way of life. A life that is learned through another being unlearned - but the unlearning curve is steep.

Taraz
[ Gen1: Hive ]

The quotes are from @slobberchops, except the last which is from me.
 


</div>

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tarazkp/the-unlearning-curve)
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@akumagai ·
$0.50
I have tried to sell Splinterlands to one friend for the past 3 years. He does not want anything to do with it because he cannot enjoy a game with the premise that in the end will be about money in any form. Bitcoin on the other hand he was willing to put money in at one point but cannot for the life of him handle being in control of keys then deciding when to pull out to make gains. He is more inclined into ETFs for bitcoin. 

I have given him Hive account that I purchased for them so they can be part of this place but nope avoids it like a plague. He says Facebook is enough for them. Of course he is well off so doesn't see any value to the platform and him doing things here. I even convinced his wife and she also got an account, posted one intro and unfortunately did not get the desired outcome for the first post so has also avoided this place.

Bitcoin is the only thing that most people would gravitate from all the people I have talked as well I am left with the thought, people are not tailored to crypto unless they have some prior knowledge about speculative investing as opposed to long term investing. It doesn't help that crypto holders tend to try to use hip jargon that most laymans cannot relate or understand and just think it all is just hogwash.

Like the term HODL, it is splashed anywhere there is any form of crypto. If the audience does not understand the context both inside them at a basic level of investing 101. It is a hard path up since most are already scared and do not see the benefit of having the tokens/crypto in the beginning.

I do shake my head in acceptance and just mutter to myself, *it's your loss."
👍  
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@tarazkp ·
$0.02
>He does not want anything to do with it because he cannot enjoy a game with the premise that in the end will be about money in any form.

All the games he has ever played are about money - it is just that the players don't get any of it :)

People who are well off, tend not to see the point until they are not well off enough to keep ignoring it. It is interesting what you say about the jargon and I used to think the same, but have changed my tone on it. The reason is that it is a differentiator, a cultural shift for a person to be part of the "crypto community"  -this gives the sense of being in something new, not using a new tool in something old. It might exclude some people, but that is the interesting thing with it - as who it excludes, can likely afford not to take part currently, because they have enough and benefit from the traditional economy. 

>I do shake my head in acceptance and just mutter to myself, *it's your loss."

Most will learn. Crypto has no usecase, it will never be mainstream, anyone serious will not accept it - *until it can buy tankers full of gas and oil.*
👍  
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@akumagai ·
$0.50
I mutter yet I do find myself coming back to the same conversation, but that probably because I like to have a conversation with someone about it that is also close to my way of thinking.

A madman have a conversation with a sane person is not an enjoyable one.
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@andrastia ·
>Buy something that is real, because it is better to have something, than nothing.

"Real"

Hey Taraz. Hope you're well. I heard something last night about this which made me raise my eyebrows. For years the standard unit of world trade has been predominantly USD. With the sanctions that the US has now placed on Russia, Russia can't use USD anymore, but the US still need to buy energy from Russia. So Russia has said ok you can still buy energy but you have to pay in the newly gold-backed Ruble because your sanctions have ensured that we can't use US Dollars - so why would we accept US Dollars if we can't spend them? And that is how quickly the US Dollar essentially has become worthless in one part of the world. From 100 to zero in how long it takes to say economic sanctions. So even what we might have perceived as "real" a few days ago may no longer be real now.  

Useless comment but I thought it was an interesting turn of events.
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@aussieninja ·
$0.50
I'll never forget when a dude at work asked me specifically about Bitcoin and then another dude piped in and said that it was rubbish because he had lost $5k on it.  At that time I was learning as much as I could, mainly from everyone posting on Steem, and my exposure was tiny, but it was enough to inspire me to keep learning.  I just couldn't believe someone had dumped a ton of money on it, then panicked and sold out at a loss.  

I always wonder if that guy ever made a re-entry in... or if he's been trashing it forever because of his bad experience...
👍  
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@tarazkp ·
$0.78
>I just couldn't believe someone had dumped a ton of money on it, then panicked and sold out at a loss.

This is the right lesson to learn in that situation - what a fool! :D

I often wonder the same - do they buy in again at twice the price, three times?  they had it at 1000, now it is 5000, 10000, 50000... at some point, they will buy.
👍  
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@aussieninja ·
Right... because whatever motivation they had to try and get rich quick probably still exists... unless they got rich. Quick.

<sub> I still know them. They didn't. </sub>
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@cmplxty ·
$0.50
I think that the foray into crypto was definitely scary and a learning experience. I bought at the absolute top in 2017, bought some litecoin at the 300$ range lol it was crazy but then seeing it plummet down. Then learning how to try and swing trade. That’s where I got some of the luckiest chances besides getting some Eth at 100$. It’s all learning and indeed a bit intense and intimidating but like you said people who are into crypto love it, at least some of us. 

I’m going to be meeting with a friend this week that I haven’t seen in a long time, he’s got some Doge last I talked to him (I’ve mentioned him here once or twice) but I want to broach broadening himself a little bit without being overbearing. 

Hopefully more people I know aren’t no-coiners but hard to tell without outright asking them. I do know a very smart and well off guy from my last job who’s got a dozen or so bitcoin which made me happy to hear lol
👍  
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@tarazkp ·
>I bought at the absolute top in 2017

Someone had to! :D

>That’s where I got some of the luckiest chances besides getting some Eth at 100$.

I made a bad, bad call on ETH and BTC...

There are *Supposedly* quite a lot of holders out there - but while many love being in crypto, they can't stand the stigma that comes with people knowing they love it. It is like having a foot fetish or something ... locked in the vault, except for when surfing those dark background sites after midnight.

Note: I do not have a foot fetish.
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@cryptoandcoffee ·
$0.50
Funny but all so true. When you first start you just jump in normally as you have no clue. I do understand many who have the hesitancy as it is real money after all. 

As you rightly state being in crypto for 3 or 4 years or maybe monger gives you experience that money cannot buy. I do understand now how many became so wealthy and it was through the knowledge they gained and knew what to do and when.

This is why I am certain that if you have experienced 1 complete cycle you would have to be a complete moron to screw the next cycle up and should be in a position of strength. maybe not retiring wealth but well on your way to setting it up at least. 10 -12 years is what is required to set yourself up for life.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptoandcoffee/re-tarazkp-n5yyp)
👍  
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@tarazkp ·
$0.55
>This is why I am certain that if you have experienced 1 complete cycle you would have to be a complete moron to screw the next cycle up and should be in a position of strength.

Absolutely. Can't screw up the second completely, unless you do what you did in the first :)

>maybe not retiring wealth but well on your way to setting it up at least. 

one or two cycles more  - 8 years...
👍  
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@cryptoandcoffee ·
$0.50
That is a realistic time period and one well worth the effort. You got me into thinking of taking Hive as a type of degree doing 5 years and learning. This is exactly what I am doing and is the springboard for so many other things now. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptoandcoffee/re-tarazkp-3tpzyc)
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@edwardjnarvaez ·
Nice You
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@emeka4 ·
> Money doesn't make anyone better for having it - but it is a tool that can buy opportunity and through that expenditure

That's why it is necessary to have it to eradicate financial issues which is definitely the main priority when having it
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@enjoywithtroy ·
$0.50
Invest in what you know...   Well I may not understand crypto. But I know how to write and experience tells me Hive offers us crypto, experience and relationships with followers. That I understand and have been doing since 2017.   I wish I understood the crypto blockchains better. 
👍  
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vote details (1)
@tarazkp ·
understanding doesn't have to be the technical side - for me, it is the more conceptual side of things - the social possibility, the way it could affect the economy as a whole. I am too high level view to get into all the details! :D
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@gangstalking ·
The operators doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved in the same discord groups around @fyrstikken and friends. Her discord is Battleaxe#1003. Shes in some groups with seemingly detached characters that dont even acknowledge the others in the group, looking oddly staged. She starts projects and does nothing with it or the delegations after its used to sway people. Like @steempowertwins does<------fake along with her @teamgood <------fake.  No substance in her comments and has a following that adores her for what? Life coach she is not nor is she insightful with any meaningful skills to follow. Ruler of pixie dust maybe? I would like for someone to show me but probably wont out fear maybe? @fyrstikken groups around him down voted me into censored and not viewable on my accounts as soon I told what they were doing.</br><br> I cant prove @battleaxe is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing V2K because she cant and could care less. I guarantee she knows this is going around and still wont prove it because she cant. Many of us here can prove what they have been doing to survive the past 5 years. What does she live off of? It definitely isnt in public view here.</br><br> I was drugged in my home covertly, it ended badly. They have been trying to kill me using RNM with applied V2K mental games while revealing as many accessories to the crime as they can. I bet nobody does anything at all. Ask  @battleaxe to prove it. I bet she wont. Pretty serious accusations to just blow off and leave the crypto community hanging in fear of this danger.</br><br> They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome. They should start by looking at the communications between the top witnesses of Hive and the connection to @fyrstikken groups. Google his fucking name and see where his other interests lie around at least once maybe? The connections between @fyrstikken groups and all the exchanges built for Hive? Bet that would reveal some crazy ball less nutty shit. Homeland security should start preparing for their own incarcerations seeing how sloppy this was done. Patriot act my ass. Think we are really fools? Bad position your not getting out of. Dont be last to blow the whistle. Who will protect you?<br></br><br><b>People in and around @fyrstikkens groups are reckless and should have shown the proper media what they had before taking me hostage for 5 long torturing years and counting. That is a long time to wait for someone to die.</b></br><br></br> What would you say while having a gun pointed at your head from an undisclosed location? Have people find it? My hands are tied while they play like children with a gun to my head. Its a terrorist act on American soil while some yawn and say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic threat. Ask informed soldiers in the American military what their oath is and why nothing is being done. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control that have ill intent. How do we protect locked up soldiers prevented from telling the truth from being treated as criminals? Not to mention civilians we let our leaders treat the same way. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism-terrorism
👎  
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vote details (1)
@gangstalking ·
The operators doing V2K with remote neural monitoring want me to believe this lady @battleaxe is an operator. She is involved in the same discord groups around @fyrstikken and friends. Her discord is Battleaxe#1003. Shes in some groups with seemingly detached characters that dont even acknowledge the others in the group, looking oddly staged. She starts projects and does nothing with it or the delegations after its used to sway people. Like @steempowertwins does<------fake along with her @teamgood <------fake.  No substance in her comments and has a following that adores her for what? Life coach she is not nor is she insightful with any meaningful skills to follow. Ruler of pixie dust maybe? I would like for someone to show me but probably wont out fear maybe? @fyrstikken groups around him down voted me into censored and not viewable on my accounts as soon I told what they were doing.</br><br> I cant prove @battleaxe is the one directly doing the V2K and RNM. Doing it requires more than one person at the least. It cant be done alone. She cant prove she is not one of the ones doing V2K because she cant and could care less. I guarantee she knows this is going around and still wont prove it because she cant. Many of us here can prove what they have been doing to survive the past 5 years. What does she live off of? It definitely isnt in public view here.</br><br> I was drugged in my home covertly, it ended badly. They have been trying to kill me using RNM with applied V2K mental games while revealing as many accessories to the crime as they can. I bet nobody does anything at all. Ask  @battleaxe to prove it. I bet she wont. Pretty serious accusations to just blow off and leave the crypto community hanging in fear of this danger.</br><br> They want me to believe the V2K and RNM in me is being broadcast from her location. And what the fuck is "HOMELAND SECURITY" doing about this shit? I think stumbling over their own dicks maybe? Just like they did and are doing with the Havana Syndrome. They should start by looking at the communications between the top witnesses of Hive and the connection to @fyrstikken groups. Google his fucking name and see where his other interests lie around at least once maybe? The connections between @fyrstikken groups and all the exchanges built for Hive? Bet that would reveal some crazy ball less nutty shit. Homeland security should start preparing for their own incarcerations seeing how sloppy this was done. Patriot act my ass. Think we are really fools? Bad position your not getting out of. Dont be last to blow the whistle. Who will protect you?<br></br><br><b>People in and around @fyrstikkens groups are reckless and should have shown the proper media what they had before taking me hostage for 5 long torturing years and counting. That is a long time to wait for someone to die.</b></br><br></br> What would you say while having a gun pointed at your head from an undisclosed location? Have people find it? My hands are tied while they play like children with a gun to my head. Its a terrorist act on American soil while some yawn and say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic threat. Ask informed soldiers in the American military what their oath is and why nothing is being done. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control that have ill intent. How do we protect locked up soldiers prevented from telling the truth from being treated as criminals? Not to mention civilians we let our leaders treat the same way. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism-terrorism
👎  
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vote details (1)
@mightyrocklee ·
$0.50
i had only the patience to teack my brother about splinterlands and hive. He plays splinterlands daily, but is just learning about hive. it is writing on splintertalk on weekly challenge and learned to use tags. that's all, in one year. and using hive-engine here and there. got some cub thought.
👍  
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vote details (1)
@tarazkp ·
It is interesting to think that for example, I will give you a vote on your comment and you will get about 25 cents for it in value today.


![image.png](https://images.hive.blog/DQmQp6W2hEBY18iZ8fvER5tBLkX5StnW2jUVyfBuAnChMb7/image.png)

40 comments for a max.
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@mightyrocklee ·
$0.50
i am mostly here to write about Splinterlands, as my activity is 80% on other blockchains, even part time job is related to crypto. but I must to admit, I was most active for like 100 days in a row in a challenge. the thing is, my friends play splinterlands with various degrees of success. but they are not interested in hive as they perceive it too complicated. maybe we need some onboarding series of article where they will Explain It Like I'm 5 (ELI5) as a technique. 
👍  
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vote details (1)
@niallon11 ·
$0.50
This is a post I'm putting into my WhatsApp.
I've tried to tell them this in various ways but maybe seeing it in cold print will make a difference.

Get involved and start learning.
Don't be afraid to make some moves and take some risks. Earn what you can and multiply. 
👍  
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@tarazkp ·
:)

Small amounts add up and if they don't, only small amounts are lost.
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@riz611 ·
> It can't be taught, it must be experienced.

Even if it can be taught, experience and practice just takes it all to another level. And the best way to experience and learn is by taking risks and losing a tad bit in the process. 

Sadly, people just focus on the risks and mistakes alone. They barely look or even try to find the positive lessons they've gotten out of these losses.
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@rmsadkri ·
$0.50
Difficult and stressful, yes. It is not at all easy. But, you learn to live with the feeling of drowning and ecstasy at the same time. Lately, I don't even focus on how much I am earning. The money into crypto is something that I do not count- more often.
👍  
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vote details (1)
@tarazkp ·
Counting it is difficult - what is it counted in if it will never go to fiat? :P
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@rmsadkri ·
ha ha true. I never thought about that. May be that's the reason I never consider converting the value into fiat. Good for me.
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@ryivhnn ·
I remember J talking to one of his friends about Bitcoin and I turned around and yelled out BITCOIN IS SLOW which was actually good for J as he was trying to explain why he thought it wasn't the best but like everyone else it was the first and only thing his friend had heard of at the time (think the friend knows a lot more now).

>  the amounts that they get are considered "too small" to matter - yet, they can't put these kinds of small amounts in themselves - "too much risk"

And that would be why I absolutely cannot under any circumstances get people to see number presentation differences (one thing is presented as 1000 and the other thing is presented as 1% and expanded they're both about the same, but people hyperfocus on the amounts and simply don't hear/refuse to acknowledge the comparison).
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@shanibeer · (edited)
$0.50
Poor @slobberchops, gradually reduced to Slobs :D

It is interesting, though, the scaredness, as if investing the same amount as you wouldn't think twice about spending on a pint of beer (or, more expensively, a packet of cigarettes) is going to damn you and suck all your money, house, spouse and children into a black hole.
👍  
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vote details (1)
@tarazkp ·
>gradually reduced to Slobs :D

I am glad you noticed!! I am hoping he will too :)

>as if investing the same amount as you wouldn't think twice about spending on a pint of beer (or, more expensively, a packet of cigarettes) is going to damn you and suck all your money, house, spouse and children into a black hole.

This is what I don't get with it. Maybe part of it is the assumption that it is "go big or go home" or something - but I know people who have built veritable empires from pennies in crypto - some with not even that. But, the learning experience doesn't require an empire to be of benefit.
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@shortsegments ·
$0.50
> The Love of being in...

Nice, a new acronym, a new thought concept, perhaps this explains the tenacity of gamblers and investors alike, though sometimes I wonder are the two really different..another post, another time...

But **LOBI** the Love of Being In It.
I love being in the process of learning more about crypto, and also being in the process of making more crypto, as I pursue financial freedom on my own terms here on Hive. That is really the Love of being in it reason for me, Life changing financial freedom I control...mostly, some, or more then my current job and business.

The Love of Being In It...LOBII...Lobii... I think as an acronym its bad, but as a concept, it's good. 

I need more time to develop it into something similar to FOMO and FUD... suggestions?


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@shortsegments/re-tarazkp-5lvx3g)
👍  
👎  
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vote details (2)
@tarazkp ·
$0.16
I was going to add the acronym, but wondered if anyone would pick up on it - thanks!! :D

>perhaps this explains the tenacity of gamblers and investors alike, though sometimes I wonder are the two really different.

We all have desires, just the target changes between us or, matures over time. When I was a child I loved soda, now I love wine - what has changed?

>I need more time to develop it into something similar to FOMO and FUD... suggestions?

Nope :)
👍  
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vote details (1)
@videoaddiction ·
$0.50
>Getting into crypto seems like such a no-brainer thing to do (for us) with at least some small percentage of income...

People buy or sell cryptos, but I think that most of the them don't know the mentality, intelligence and the technology beneath it.

>It can't be taught, it must be experienced.

Experience is what you can't buy, but face. One can learn taking risk slow by slow. I believe that taking much or less risk depends on personality. Courage of ignorance would lead to one wrong though.
👍  
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vote details (1)
@tarazkp ·
Nope, most don't know much about anything they buy - yet they keep buying. How many bought Tesla shares and know more than a mainstream article they read about the tech?
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@videoaddiction · (edited)
RE: The Unlearning Curve
A conscious investor would search for Tesla share or SPS token.
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