Post
Topic
Board Trading Discussion
Re: Big gains come with big losses
by
bitctrimor1
on 23/05/2018, 22:35:19 UTC
To everyone complaining about the current situation crypto is in or questioning why its happening you need to keep in mind that if something triples in price in a relatively short period of time, it can crash just as hard in the same period of time.  I remember when eth had its climb up $1400 people were ecstatic and they thought that we were never gonna see sub $1k eth again when just a few months ago eth was just $300.  This greed brought on by the price influxes is blinding people from the reality that crypto prices cant keep going up forever.

That's true. I think that you can never learn to seek out those ventures that would give you big profit if you haven't experienced losses beforehand. I say that because it's a matter of experience. The more you know, then the better decisions would do because either you have seen that event before, or you know, at least via a hunch, that a day may be gainful or not based on your own appraisal of the market and of the coin you're eyeing.