Post
Topic
Board Speculation (Altcoins)
Re: Cryptocurrencies are going down
by
stanforders
on 06/08/2018, 02:30:12 UTC
Crypto investments are new and super-risky. Remember ethereum founder saying that cryptos are so risky the prizes might actually drop to zero. Well, that doesn’t seem practical but the message was clear. Do not invest your life savings in bitcoin or cryptocurrencies generally. Just like John Draper noted, you still need to buy stuff in fiat. So while bitcoin will likely worth a lot more in the future, it’s advisable to invest just as much as one can afford to lose.



Cryptocurrency can make you millionaire or bankrupt that is why everyone is advising invest at your own risk. There are no investment that is safe but since Blockchain has a lot of future i would take whatever risk it has because no one will ever know the future. Better for me to hold something towards future than nothing.
Any investment has always been risky, but the risk of encrypt the market is even greater. But here a lot of wealth has been created, so it attracts people more.