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RE: Cryptocurrency has not declined. Just the value to USD has... So Let's see what that really means..

in #bitcoin7 years ago (edited)

^This.

I see it all the time. People get into crypto not understanding that it's a financial market. You aren't guaranteed growth, you can lose your money, and it's not just a glorified savings account. This ignorance very much works to the advantage of the big investors. I could care less about it, except too many of these people buying into crypto are looking for a get-rich-quick lottery ticket that they're paying for with money they can't afford to lose.

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So true most people hears something from a friend or read this person made so mush money but meanwhile that person was informed and new what he was doing they jump in and don't have a clue whats going on expecting to make great returns when they went in at the top .