There is no such thing as an easy fortune
On December 2017 an unknown developer started this blockchain project. He dropped it days later.
My name is Pedro, I took the project over. I was part of the initial group of investors that thought had found the next hidden goldmine. Let me tell you how the allure of an easy fortune got me.
In the last 3 months of 2017, the Bitcoin currency was on an uncontrolled rise. I was awake every day at dawn to try to understand what was happening. They were days of madness following the market.
Since 2015 I had actively participated in the crypto world, but never as an investor. Mixing my anxiety and imperfect information can quickly become explosive.
The problem is that the internal alarms, those that measure our investments, go off when all one sees is green. A feeling of being left out of something great was born in me. I accidentally entered a slide thought.
If everyone is winning, I'm going to win too.
I won't stay outside.
I decided to invest half in a risky asset and half in a safe one. I had already jumped the mental barrier that crypto is all risky. I took my time and measured my entrance. Ripple had been hitting the news with multi-planetary agreements. XRP went from 0.7cts of dollar to 1.5usd in 10 days, I felt like a champion. That was my safe asset.
My risky asset was Enjin Coin which I invested in a pre-sale. Price plummeted immediately after entering a cryptocurrency exchange. I refused to lose out with strong rumors that promised a positive exit. I wanted to recover with a simple mental formula: the more risk, the more return.
And that was the tip of the iceberg that eventually led me to invest in what later became Myce.
In the next one:
- How we took over Myce and
- Why we have been working on this project for almost 3 years.