I Did Something Potentially Stupid With $2,000 of My Money

Sometimes it’s okay to let fear of missing out get the best of you

Photo by Sammy Williams on Unsplash

This article is less about the specifics of what I did and more about why I did it.

The move I made goes against pretty much everything I write about speculating with your investments.

In fact, I don’t invest my money at all. Reason being, I’m just not very good at it.

I quickly get impatient and start feeling cash insecure so I sell prematurely, either before whatever I was holding made its move or in a way that thwarts the powerful effects of compounding.

Or, more frustratingly, I have a feeling about something, but I don’t buy it — out of fear of being wrong — and I watch it fly.

So just over a week ago, I bought some Shiba inu coin.

Source: Author’s Coinbase Account

I did the same with Dogecoin:

Source: Author’s Coinbase Account