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Cryptocurrency discussions / Re: The impact of crypto on our lives
« on: Today at 12:36:20 AM »I think I won't be judged if I say I don't look forward to more practical benefits as much as I look forward to make money and to change my life, because at the moment money is the only thing can change my life if things remained the same. I did not knew people came to the edge of suicide in crypto, as recently a trader lose his money due to a dump and talking about suicide but the exchange gave some of his funds back, not because they don't want him to die, its was in the policy to give them some ratio back if all the money is liquidated. I hope you already know that.Yeah, although many people enter the crypto market to pursue a new financial model in which currencies are no longer under the control of governments, honestly, I think most investors only focus on and prioritize profits from the market. Crypto can be a financial revolution, but it can also simply be an easily accessible investment channel for everyone in need.
Speaking of my emotions, I will say, minmze the risk so you don't have to regret laters, never take things for granted, and never depend on one source of income and one source of investment.Try to make money from different sources totally independent of each others, and also do the same while investing, so that if one making you lose, the other won't.
I hope that the potential of the crypto market does not create FOMO and losses for many inexperienced investors. Losses always exist in the market and become fuel for the market to develop further, but I don't think this crypto market needs the live of any investor. Investors should only invest the amount that they are willing to lose to participate in this highly volatile market.