Post
Topic
Board Speculation
Merits 62 from 19 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AverageGlabella
on 24/01/2022, 22:04:10 UTC
⭐ Merited by Welsh (12) ,bitmover (8) ,marcus_of_augustus (8) ,LoyceV (6) ,cAPSLOCK (5) ,dragonvslinux (4) ,vapourminer (3) ,RejectedBanana (2) ,Hhampuz (2) ,JayJuanGee (2) ,EFS (2) ,free-bit.co.in (1) ,philipma1957 (1) ,serveria.com (1) ,ivomm (1) ,Hueristic (1) ,suchmoon (1) ,Mahdirakib (1) ,Farmer Bill (1)
I think I just made the biggest decision of my life. I have converted nearly all my savings in fiat that I have amounted over my life time and invested all of it into Bitcoin @ around $36,850. I am in a weird place now because I know it is the right decision and I have confidence in my decision but I am shaking all over the place. I have kept some emergency fund in my personal bank and if any other unexpected costs arise I will be prepared to take out what is required again from my Bitcoin fund.

The process of buying this amount was not easy I had to call my bank because the transaction was blocked then I had to wait 20-30 minutes for the bank to answer me. After that the customer service guy tried to lecture me about how cryptocurrency is very risky to invest in. I told him I had been around it for a number of years but he said he had to go through all of it. I then had to confirm that I wanted to send this amount knowing the risk. They wanted me to come into the local bank and confirm some details but I told them because of the snowy conditions that would not be possible. He then allowed me to go through verification and send the amount. This probably took me over 2 hours to complete because I was put on hold what felt like forever. But you know what the biggest eye opener of this experience was with Bitcoin I would not need to go through this waste of time confirming my details because now I am my own bank. I do not need permission to spend my money even if it is for a risky investment. I am both relieved and scared. I have a lot of faith and I think I have bought at the best possible time and before completing the purchase I was 99% sure this was the right thing to do but the nerves have kicked in and I think I am probably about 60% sure now.