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RE: Cryptocurrency is exploding! Should I invest more?

in #cryptocurrency7 years ago

Let me relate a true story to you, My brother is a computer guru, he manages the entire computer system for a very large very well known state, he has worked and does work directly with the treasuere for this state, about 5 years ago they needed a new programmer and this very overqualified guy comes and and applies( this guy was like NASA level) and they had an obscure discussion about bitcoin, afterwords the treasurer for this state asked my brothers advice about the emergence of this currency, in my brothers opinion is was a fad and wasnt really an area of concern(the state just enacted legislation to allow and work with blockchain tech), so now for the rest of the story, about 2 wks ago i called my brother and was asking him about what he knew about crypto and ehtereum, i told him i was going to buy quite a bit of eth i think it was around 80 dollars a share, he advised against it , i did it anyway. so i called him and told him what i had accomplished he is still dead set against it as he was when bitcoin was around .30 cents a share, moral of the story is invest what you can afford to lose, follow your plan. you only have to have one hit single to be a rock star these days, but you make nothing sitting on the sidelines.