Post
Topic
Board Trading Discussion
Re: Big gains come with big losses
by
teeshe
on 18/07/2018, 10:11:46 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.


I definitely agree that with big gains come with big losses. That is one of the realities/risk that comes quite along in this crypto space. It is up to each person to know its risk appetite and understand when to cut short a loss.