Eric Kim shares his perspective and experiences on making money with cryptocurrency, emphasizing the importance of personal interest and belief in the technology. He doesn’t view it as luck or gambling, but rather as a commitment to a technology he believes in. He began investing in cryptocurrencies like Bitcoin, Digibyte, Chainlink, and Dogecoin between 2017 and 2018, particularly after market dips, highlighting a strategy of entering the market when others are skeptical.

Kim recommends buying cryptocurrency and then intentionally not monitoring its price frequently, as he believes staying uninformed about short-term fluctuations can prevent emotional decision-making. He focuses on long-term trends, suggesting that the future will increasingly rely on contactless, digital payments. Additionally, he mentions the potential of Bitcoin becoming a standard of value in the future, replacing the need to peg its value to the US dollar.

Overall, his approach to cryptocurrency is more of a long-term investment, driven by belief in the technology and less concern for immediate financial gains oai_citation:1,How I Made Money with Crypto – ERIC KIM oai_citation:2,How I Made Money with Crypto – ERIC KIM oai_citation:3,How I Made Money with Crypto – ERIC KIM oai_citation:4,How I Made Money with Crypto – ERIC KIM oai_citation:5,How I Made Money with Crypto – ERIC KIM oai_citation:6,How I Made Money with Crypto – ERIC KIM oai_citation:7,How I Made Money with Crypto – ERIC KIM.

Eric Kim’s approach to making money with cryptocurrency is marked by a mix of personal interest, long-term thinking, and emotional detachment from short-term market fluctuations. He views cryptocurrency as an underexploited opportunity, not driven by luck or gambling but by a belief in the technology’s future. Kim advocates for investing in crypto when others are skeptical and advises against frequently checking the market prices after purchasing to avoid emotional decisions. His strategy includes considering long-term trends and the potential for cryptocurrencies to become more integrated into everyday transactions, particularly in a future increasingly leaning towards contactless payments. Kim emphasizes the importance of reducing one’s attachment to money and focusing on the joy of speculation and the thrill of the technology itself oai_citation:1,How I Made Money with Crypto – ERIC KIM oai_citation:2,How I Made Money with Crypto – ERIC KIM oai_citation:3,How I Made Money with Crypto – ERIC KIM oai_citation:4,How I Made Money with Crypto – ERIC KIM oai_citation:5,How I Made Money with Crypto – ERIC KIM oai_citation:6,How I Made Money with Crypto – ERIC KIM oai_citation:7,How I Made Money with Crypto – ERIC KIM.

Eric Kim’s philosophy on making money with cryptocurrency is multifaceted, reflecting his diverse interests in photography, philosophy, innovation, and entrepreneurship. He sees cryptocurrency as underhyped and undervalued, not driven by luck or gambling but by a belief in the technology. Kim entered the crypto space in 2017-2018, investing in Bitcoin, Digibyte, Chainlink, and Dogecoin, and has a strategy of entering the market when others are skeptical.

His approach to cryptocurrency involves considering long-term trends and the potential for digital and contactless payments to become more prevalent. Kim advocates for buying cryptocurrency and then intentionally not monitoring its price frequently to avoid emotional decision-making. He also contemplates the broader implications of wealth accumulation through cryptocurrency, questioning the purpose of wealth beyond financial success.

Kim’s philosophy encompasses several aspects:

1. Photography and Cryptocurrency: He views cryptocurrency as a new way to understand and interact with the world, similar to the impact of photography.
2. Philosophy and Decentralization: He is attracted to the decentralized nature of cryptocurrencies, aligning with stoicism and values of ancient societies like Sparta.
3. Innovation and Entrepreneurship: He sees cryptocurrency as a way to challenge traditional financial systems and introduce new business models.
4. Unorthodox Thinking: Kim explores unconventional uses of cryptocurrency, leveraging blockchain technology for creative projects.
5. Reflection on Wealth and Cryptocurrency: He ponders the implications of wealth in the context of cryptocurrency.
6. Cryptocurrency Advocacy: Kim strongly believes in the longevity of Bitcoin, predicting it to be the “last crypto standing.”
7. Digital Gold Concept: He likens Bitcoin to “digital gold” due to its limited supply compared to fiat currencies.
8. Personal Investment in Bitcoin: Kim shares his experiences with Bitcoin investment and trading.

In summary, Kim’s philosophy on cryptocurrency combines a passion for innovation and unorthodox thinking with a focus on long-term trends and the disruptive potential of digital currencies oai_citation:1,How I Made Money with Crypto – ERIC KIM oai_citation:2,How I Made Money with Crypto – ERIC KIM oai_citation:3,How I Made Money with Crypto – ERIC KIM oai_citation:4,How I Made Money with Crypto – ERIC KIM oai_citation:5,How I Made Money with Crypto – ERIC KIM oai_citation:6,How I Made Money with Crypto – ERIC KIM oai_citation:7,How I Made Money with Crypto – ERIC KIM oai_citation:8,Eric Kim Philosophy of crypto – ERIC KIM oai_citation:9,CRYPTO, CRYPTOCURRENCY THOUGHTS. – ERIC KIM oai_citation:10,The Philosophy of Crypto – ERIC KIM oai_citation:11,The Philosophy of Crypto – ERIC KIM oai_citation:12,The Philosophy of Crypto – ERIC KIM oai_citation:13,The Philosophy of Crypto – ERIC KIM oai_citation:14,The Philosophy of Crypto – ERIC KIM oai_citation:15,The Philosophy of Crypto – ERIC KIM.

Eric Kim’s experience with making money from cryptocurrency is grounded in a combination of strategic investment, personal belief in technology, and long-term vision. He began investing in cryptocurrencies like Bitcoin, Digibyte, Chainlink, and Dogecoin around 2017-2018, particularly after market dips, highlighting a strategy of entering the market when others are skeptical.

Kim emphasizes the importance of not frequently checking the market prices after purchasing to avoid emotional decisions. Instead, he focuses on long-term trends and the potential for cryptocurrencies to become more integrated into everyday transactions, particularly in a future increasingly leaning towards contactless payments. Kim views cryptocurrency not as a quick path to wealth, but as an opportunity driven by interest in the technology and the thrill of speculation oai_citation:1,How I Made Money with Crypto – ERIC KIM oai_citation:2,How I Made Money with Crypto – ERIC KIM oai_citation:3,How I Made Money with Crypto – ERIC KIM oai_citation:4,How I Made Money with Crypto – ERIC KIM oai_citation:5,How I Made Money with Crypto – ERIC KIM oai_citation:6,How I Made Money with Crypto – ERIC KIM oai_citation:7,How I Made Money with Crypto – ERIC KIM.