CryptoFinance Initiative: My Entry to @theycallmedan challenge by @juanmolina
First of all I want to invite all Hivers to participate in this new @theycallmedan initiative where we can get closer and get to know the Leofinance platform and its entire ecosystem.
#cryptofinance Initiative: How has Crypto and Blockchain Technology Impacted your Personal Finance?
I must confess that I felt very identified with this initiative since I have been a follower and admirer of Leofinance since its creation.
How has Crypto and Blockchain Technology Impacted My Personal Finance?
Undoubtedly this has had a positive impact. But why? as?
Before getting involved in the world of Blockchain and Crypto, my finances were simply reduced to managing a bank account in which deposits entered every 15 days, since I was working for a public administration body in my country.
Managing these limited funds was a challenge, especially in the situation in Venezuela with galloping inflation, and all the government financial disaster that caused the collapse of the economy.
This stressful way of living totally changed when I started acquiring crypto.
At first I did not know how to exchange the tokens for others, I did not know how to convert them to Fiat, but little by little I was acquiring this knowledge.
Once I had already gotten a little more involved in crypto finance, I was able to acquire my first earnings (It was more by luck than by knowledge) by trading some tokens (I am a very small holder) which encouraged me a lot to know more about the market .
Then came the study of the historical behavior of the token prices, in order to make my own projections. Knowing terms like "Market Capitalization" was something very new in my life.
But where do I want to go with all this?
The real impact that Crypto and Blockchain had on my life was to give me the opportunity to approach finance with a broader perspective.
Transferring this knowledge to my daily life, to my daily counts, payments and purchases, allowed me to have a closer vision of the financial situation of my country.
For example, in my last article within the Leofinance community:
I was able to do an analysis of the financial chaos in Venezuela, this publication was very receptive as I managed to convey my ideas clearly.
Wow! more than 72 LEO reward! This is what I call true receptivity and support. I am very grateful to all the curators and the general public who shared their feedback in the comments. Big Thanks!
---*Previously, I was unable to write an article of this nature as I did not have enough knowledge. Now I could thanks to the great positive impact that Crypto and Blockchain have had in my life.
Posted Using LeoFinance Beta
