Posts  / #POST-203537
REDDIT

After relative success, I stopped caring...

Backstory: I came from living out of a car to outright owning a home and my auto's over 15 years. Was it savvy investing? Straight up, No.

My success was only because I was in the grit. I was actively playing the game with others. If you didn't bring high margin to the table and force it in some way, you're gambling. I made a lot of high margin trades and ended up lucky over the years.

That luck is what made me complacent. I lost my edge coming into new markets, and learned a few lessons.

Just because you profited off the 08' crisis or prepared well for 2020 does not make you qualified in any way to educate the new wave.

I keep looking at 2020's new wave investments, and each time, I realize how far out of my depth I am.

My point: Be humble and either learn from the new guys while exchanging old ways, or be eaten alive. Markets will only evolve faster.