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RE: Steemit Brought Me Back To Crypto After Being Crushed By BTC, XMR, QRK

in #introduceyourself8 years ago (edited)

Almost everyone got crushed by Cryptocurrencies because Bitcoin reached $1200. Everyone was way too emotional and invested way more than they could afford (financially and mentally). Realistically Bitcoin growth will go slowly over decades. It won't be a million dollars over night. There still is deflationary value and you can still gain a much better return than putting your money in the banks, but don't invest too much :)

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Yeah the situation with Mt. Gox didn't help at all. The fact that we are still trying to sort that out is crazy. Here is my latest post which goes into my situation a little bit more. Do you think I should sell my house for BTC? https://steemit.com/house/@brianphobos/should-i-sell-my-house-for-bitcoin-or-just-pay-it-off-with-steem