Post
Topic
Board Bitcoin Discussion
Re: How much damaged bitcoin has brought you?
by
joniboini
on 26/06/2018, 15:47:12 UTC
Why is it damage? The friends around me have made a lot of money. They made me join Bitcoin and I have to thank them.

Read again the OP and you'll know why he said it.

-snip-
I am a little different with you, I use my salary to invest Bitcoin and altcoin! The discount of bitcoin and altcoin has greatly affected my life.


Discount? Did you mean the decrease in price?
How much money you've put for crypto? Remember the first thing in any kind of investment: only use the money you're prepared to lose.

-snip-
This generally what happens when people just simply FOMO in and buy in just because of the hype, without any knowledge whatsoever on what they're trying to get in to. I couldn't even count how many people were asking me on how to invest in bitcoin last late December.

This happens to a lot of people with the same characteristics: wanted to get rich ASAP while don't have the capacity to manage their emotions, reckless planning (or maybe no plan at all) with little preparations. In short: gambling.