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Bitcoin Forum / Re: Are you happy with bitcoin?
« on: June 20, 2019, 04:48:17 PM »
In these crypto world you will never know when you will loose lot of money nor when you will gain lot of money as it’s completely unpredictable. Both increase or decrease can be pretty steep compared to stocks so, I wouldn’t loose my sleep over crypto
I won’t think much about these crypto although I purchase various crypto coins from time to time and sell them time to time. I just do it for fun and learning sake but not like serious investments .
I make money sometimes and i lose sometimes but I never play with higher volumes as most of my investments are in stock and usually I make more money through stock markets by leaving my stocks unsold for more time like more then 6 months.
For crypto this not the case as today bitcoin price is around $6400 and after month it could be it $12000 or it can also be $3000.this is just an example
Would I lose sleep over such unpredictable market and take it seriously? Frankly big NO
You cant think like you will be happy that you havnt invested in crypto when bubble burst and regret when prices of crypto raises too high.
I won’t think much about these crypto although I purchase various crypto coins from time to time and sell them time to time. I just do it for fun and learning sake but not like serious investments .
I make money sometimes and i lose sometimes but I never play with higher volumes as most of my investments are in stock and usually I make more money through stock markets by leaving my stocks unsold for more time like more then 6 months.
For crypto this not the case as today bitcoin price is around $6400 and after month it could be it $12000 or it can also be $3000.this is just an example
Would I lose sleep over such unpredictable market and take it seriously? Frankly big NO
You cant think like you will be happy that you havnt invested in crypto when bubble burst and regret when prices of crypto raises too high.