Over the years since the first cryptocurrency, which is bitcoin, was created, many other cryptocurrencies were also created, among which are the most popular ones, such as Ethereum, Altcoins, Litecoin, etc., and many more still keep coming out of the market even up to this day. Many people who were wise enough and have invested their money when the most popular ones were still new are rich now, or in some cases, rich is an understatement as many of them are now millionaires or even billionaires. Along the way, these people have learned important life lessons as well, that they may not even realize themselves. But yes, there are life lessons that you will learn from investing in a new coin and here are some of them.
You will learn to be patient
As it is in any new investment, investing in a new cryptocurrency will teach you how to be patient. Rome was not built overnight, and so are those millionaires. They did not become rich overnight just because they have invested in a new coin. They have waited until the coins were established, kept it in a hold, and patiently waited until the coins were valuable enough to give them a great return of investment.
You will learn to get out of your comfort zone
Anything new feels like a threat to your comfort zone, but for going out of your comfort zone, great opportunities present themselves. It’s no different when investing in a new cryptocurrency. If you are someone who has been so used to investing in the old and popular coins, investing in a new cryptocurrency might feel like a threat to your comfort zone. If you don’t learn how to get out of it and prefer not to venture into a new coin, you might be missing a greater opportunity.
You will learn to do your due diligence
Confucius said that “The expectations of life depend upon diligence; the mechanic that would perfect his work must first sharpen his tools.” True enough, when investing in a new cryptocurrency, you have to do your due diligence. While it’s true that going out of your comfort zone can present you with unimaginable greater opportunities, you also have to do your due diligence in studying what you are up to before putting your hard-earned money into it. Research the new coin. Find a whitepaper. Check if the ICO has a finished product. Ask the experts. These are the basic requirements you need to do before investing in a new coin. The same due diligence those millionaires have done so.
Speaking of which, there’s an upcoming ICO for a new coin, the Virie coins (VRE). It’s the native coin for Virie Market, which is universally used within the market and is exchangeable for anything of value, including other cryptocurrencies, fiat currencies, as well as goods and services. In fact, for everything. One unique feature about its ICO is that the project is already complete, therefore there is already a finished product, unlike most ICOs that only sold their concepts, not the finished product, hence they failed. Check their white paper here to do your own research and download its platform here to see for yourself how it works. If you have any questions, ask me here.