Quote from: dogtana on February 04, 2018, 08:40:31 AM

Those of us who haven't purchased any crypto before, is it too late? Should we even bother trying? I have read the market was falling lately but it seems pretty pumped already. I wonder if there is any room to grow anymore.

It is an extremely difficult question, one that can be answered accurately only in retrospect. I can recall that huge bitcoin fall of 2011, from $32 to $2. Almost everyone, including me, thought that it was dead - but look where it is now. I could have bought enough coins then to make me a millionaire now, but it is hindsight.

Personally, I think (and hope) that it is not over and that there will be another pump. However, the situation is now more complicated because there is a multitude of coins. I would not place all bets on a single crypto, BTC or anything else. And a very important advice already mentioned:

Quote from: mcs_john on February 04, 2018, 09:16:42 AM

Anyway, rule 1 is: do not invest what you cannot afford to loose.

I heard about people selling their homes and possessions to invest in bitcoin in 2017. Don't do this. This is absolutely irresponsible.