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RE: The Future of CryptoCurrency - Where is the Market Going? - Crypto News - The Future

in #cryptocurrency7 years ago (edited)

Love your attitude! Being "early" is a crazy ride.

Think about this... people are complaining that they lost money in the the last 4 weeks by buying something they heard on a youtube channel and never researched themselves.

It's early. There will be many more huge swings. Enjoy it or wait a couple years until it stabilizes (or completely crashes). 😀

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There are to many people that think they can get rich quick and turn $1,000 into 100k in a couple trades. They don’t undstand that this is an investment, all investments have ups and down but most will grow with time. As a fellow trx bag holder I believe time will yield profits and once we see a recovery to the overall market cap those of us who stood strong on positions will reap the benefits

I agree and wanted to add new investors should never put money in they don't mind losing. I've seen people throw away their savings in hope of getting rich. With a market so volatile you can either make more money or lose a lot of it.

You only lose money if you sell.have to be ready for the long term

Totally agree! Never invest money you need in a few months. Put money your willing to risk. What coins/projects are you invested in you see as a long term value?