Hi my dear Steemians,
Before I start, please keep in mind:
- Bitcoin or cryptocurrencies, in general, are new technologies and are still in an early adoption phase, so, anything can happen
- New technologies may appear and may eclipse the whole Blockchain related world
- The lack of regulation is hurting Bitcoin. And the evolution of future regulations is susceptible of having a great impact on cryptocurrencies prices.
That's why you should always invest what you can afford to lose
On the other hand, the crypto world has also its strong points so don't over worry: - A massive adoption by huge growing community of users and developers
- Some countries already chose to adopt Bitcoin
- A whole new economy emerged with hundreds of projects already in place and a couple of ICO's added to the list each day
Now our main subject is what to do to become a cryptomillionaire?
- Stay away from HYPE's, day trading, pump and dumps...etc
- Buy dips and hodl for years (It takes balls to hodl :P )
- Don't panic ( Ignorance causes panicky reactions )
- Do daily researches
And that's it! wish you all become millionaires!
