Since getting rid of all of my medical school debts, I have kinda’ been exploring some avenues for investment and I thought to myself, “Why not?! Let’s take a small chance with cryptocurrency.”  There are many links and pieces of info in various videos and articles to research bitcoins and other cryptocurrencies, and hence far too many to add in and tag in a tiny little blogpost such as mine.  But I must say that after some thinking, I decided to go with Ethereum.  This is the second most widely traded digital currency (right behind bitcoin) but is a bit more easier to use and exchange and recently gained value in the past few months.

Again, like with any long term investment, I do expect  the value to take a fall and vice versa. And of course there is the ever speculative “cryptocurrency bubble” which is ready to burst at any time.  Again, I have the capital to take a bit of a risk, so I thought, “Why not? You only live once.”

Again it was super easy to set up an account for buying/selling digital currency thanks to Coinbase.  It really was relatively painless and hassle free and easy to use and, moreover, very beginner friendly for cryptocurrency newbies such as myself.

Again, this is merely a small investment to see how this turns out MANY years from now.  Based on how my cryptocurrency portfolio turns out I may buy future “ethers” or I might cash out if I see a longterm downward trend.

I don’t really see how this is any different than the retirement and investment portfolios I currently have even if there is a risk to be had with an ever evolving form of currency and its accompanying volatility.  Furthermore, the relative “new” nature of cryptocurrency actually makes investing in it quite exciting.

I am actually looking forward to see how this turns out even if it is for a loss. After all, life is an experience, and every worthy experience comes with risk.