Seriously? 783 billion?!
Yes. That is right. Please take a look:
You know that this game is going to to get started when news all around are reporting about cryptocurrency. Now it's getting worse! People are all starting to get involved and throughout the past few weeks, I've been asked by many people the same few questions. The amount of funds coming into this game is unreal to the extent that Binance stopped accepting new users LOL! (link here)
'Have you heard of Bitcoin?'
'Do you play crypto?!'
My answer towards them are the same - No, I don't :)
To be honest, it's not that I'm selfish to not share with them on my journey in cryptocurrency this far. I just do not want to be personally involved with their affair in cryptocurrency.
Following which, I asked them a couple of questions. But it seems to me that the situation is starting to worsen as many of the 'new birds' in this game have no experience and is totally unaware of things that is going on which is rather frightening.
Among those who have asked me, I would have believed that they have do some simple research to know about the different coins in the market. However, I'm very surprised to receive one common question - 'Ripple is so cheap. It's only $2, while Bitcoin is $16,000. It had risen 1000% over the last month, it's gonna be the next Bitcoin and I'm going to be a millionaire when I sell at $16,000 next year'
LOL. Probably, I should do a write up on this issue soon.
Anyway, back to being a fund manager..
I remember speaking to one of my friend earlier not long after I've started with this journey and I've written briefly about it in one of my post (link). Shortly after, something funny happened and I received a call from him telling me that he and some of his friend had pooled a sum of money for me to do the work for them as I 'have some experience' with cryptocurrency.
LOL..Wait.. I've just upgraded to a funds manager?!!
Obviously, I've rejected the offer and told this friend of mine that I'm no longer involved in cryptocurrency anymore and feel the bubble will be bursting :)
Right after the call, I'm laughing and scratching my head at the same time.
Please take note that I'm not here to advocate on cryptocurrency and I DO NOT recommend investing in cryptocurrency.