Your question is welcomed, as it is inviting and timely. I just composed the first draft of an introduction to my story, which responds to your inquiry. Feedback is always appreciated.
[To the admins: may I include links here to crypto posts on the Whole Human site I manage?]
[40water, May I include your questions in a future post on the Whole Human site? I would like to answer there, for the benefit of all.]
Gary
INTRODUCTION
Revised May 17, 2020
When new to investing in cryptocurrency, as with any endeavor, it can be helpful before beginning to know one’s motives. Mine were mixed, as they often are.
Clearly for me this enterprise is not about making fast returns. Materialism has never been a high priority. I like an uncomplicated, natural lifestyle with minor comforts and simple pleasures. My life has been rich and full without much money, yet at its ending there is some longing for an outer landscape which matches in vibration with the inner landscape I’ve cultivated.
I had not invested fiat money in anything more than a traditional bank account, until I planted a seed in a cryptocurrency account. In fact, until then I only knew the term ‘fiat’ as an Italian make of car.
Fiat money, the legacy world of finance, has been on the periphery of my awareness all my adult life, due to lack of interest. My heart has always beat faster when my attention was turned to the psychospiritual inner landscape. Now, after a lifelong quest to find the ground of that landscape, and feeling I’ve landed there, a foray into cryptocurrency feels like a suitable adventure.
The potential for a crypto-adventure looked more promising when the Cardano protocol/platform came to my attention. The techno language of Crypto engineers flies over my head, and I feel no relation to recursive snarks or stake pools, so at this time I am content to connect with Crypto in my own conceptual way.
For example, I do relate to scalability, interoperability and sustainability as applied to cryptocurrency. I get throughput as transactions per second, and the need for balance between speed, security and efficient use of resources.
I appreciate Cardano for its vision of bridging between coins of its realm, and between crypto and fiat money, for making the exchange of contracts more universally accessible, for offering an alternative to the rigid, exclusive hierarchical legacy world with a decentralized, open source platform, and for its deliberate, thorough, scientific approach to achieving each stage of its vision.
Strange as it may sound to some, I can imagine metaphoric parallels in a loose and general way, between the Cardano platform/protocol and my expansive psychospiritual inner landscape, where unconditional love is free flowing energy connecting the coins of the realm in transactions per second. I like to see both made available to all.
How anyone else approaches crypto investing is of course up to the individual. My story is that with my wife/life partner, I started by exploring many options for coins to invest in, exchanges which list them, and considerations of security, liquidity, community and support.
At the conclusion of that exploration, we settled on the Cardano ADA as our primary coin, Crypto dot com as our exchange, and the Yoroi wallet as the basis of security on our mobile devices.
Further articles will detail what we have found, and are finding.