Great advice. People are so afraid nowadays to do business or to invest. Life is a balance. When you invest, you win or loose. It is like playing the lottery. First, you spend your money to pay for a ticket. Afterwards, you can win or lose. Usually, you lose. With the cryptocurrency, most of them are linked to the blockchain technology system. It means that you still can buy a good or a service with it. As mentioned, in some years, the value of the cryptos we know today will be worth enough to have a happy life. For that reason, please just keep investing.
We cannot really blame people for being scared of investing in this market right now, the market of cryptocurrencies is very volatile and a loss of 70% of your portfolio is not to be taken lightly, those kind of losses were seen in huge events like the great depression and we all know how that ended.
So the investors putting their money at risk in this market need to be 100% convinced about what they are doing because that is the only way to survive a crash that big, many people are complaining about the crash and they sold and have said they will probably never invest again, people like that invested without being convinced and now they lost their money, but people like us that despite the losses are still buying coins are the ones that will eventually reap the fruits of investing in this market for so long.