Agree with @rdollarsign, learned it the hard way too. And one more thing @mirage, please don't go all in. Never put all your eggs in one basket, always diversify. Nothing wrong to indulge oneself with calculated high risk while we're still young, just don't be too reckless.
Source: I'm a 26y/o househusband with loads of passive income stream that I managed to build since highschool.
exactly, dont go all in, espically if thats all your life savings... even dough this is destined to go to the moon, dont invest more than 10% of your net worth... a year or two when this goes 50x you'll be 5 times worth than you are now...