Make Profit in Cryptos to Spend it

Hello steemians... its gonna be a short post today since i am extremely busy due to some domestic commitments.

Greed is the most henious of all sins in this world.. because it causes you more harm than it does to others..

The whole point of investing in cryptos and getting massive profits from them is to spend some of it to bring luxury into your life or augmenting your monthly incomes (for some people).

However, from what i have seen so far that greed gets the best of us and ultimately we end up losing our hard earned profits by investing our entire profits in more cryptos and then we lose those profits..

credits

Use Profits to Make Your Life Better

An example of it is @ilyastarar, who recently bought a much needed car and when he was little short on his payment, he cashed out his steem and bought the car. Though he felt a bit bad to have spent his hard earned steem but after a little chit chat session, he calmed down and realized that he just bought a friggin’ car with the help of cryptos and its actually a huge deal. So kudos to him :D

Hence, it is always advisable to cash out some of the profits and use it instead of circle jerking your profits by reinvesting them into crappy coins only to lose those profits..

I have been a victim of this greed and I speak from my personal experience.

But What About Hodling?

Aah yes.. the hodling.. like many people say that the first rule of cryptos is to HODL. This is true but to some extent. You have to put a limit on it. Otherwise, you will make your life difficult by pouring in your cold cash into cryptos forever and not getting anything back.

Happy Investing, Happy Making Profits and Happy Spending...