Quote from: WUUEX79 on October 02, 2018, 09:31:30 PM

Quote from: dat.ho12492 on September 17, 2018, 01:57:10 PM

First, this is not my story, this is a story that a couple, their happiness may be shattered when the husband invests in cryptocurrency and now he is in danger of losing all the money he has invested. And this is the whole story told by the husband
  "In early 2017, I went out with a bunch of friends and heard about a new investment field, cryptocurrency, and at that moment, the field seemed not to be a trend, so I just laughed and ignored it. However, as you know, the storm came in August and October of 2017, the news and media constantly talk about the strong growth and terrible price of bitcoin and of course, I've heard a lot of people become millionaires in that time. Although I have been very careful and understand that high profits will come with high risk but over time, the curiosity and the constant news attacked me, which made me plunge into investment.

   And a series of tragedies began to take place from here, in the first stage, I was still very careful and calculating, not greedy but this job is really too much pressure, the market situation makes me tense and tired. In addition, the news and people constantly gave me confidence and made me hope the price of bitcoin increased to $50k and because of that, I decided not to sell anything and then as everyone knows, the market has begun to decline in 2018. Again, I continue to comfort and encourage myself, everything will be fine, I'm still profitable, bitcoin will increase again, so I searched the bottom of the bitcoin and started throwing money into the altcoin and holding on to the long term.

   And life is not a dream, the price of the whole market fell, bitcoin almost touched 6k and the common mentality of everyone, seeking restoration and light of hope. I became a short-term trader but with the horror of the market, my capital began to become smaller and smaller, until one day, I almost lost everything, mental breakdown, depressed mood and depression, a very inhibitory emotion, all created something very chaotic, often arguing with my wife unreasonably."

And here is my comment on this story, never think you can become a millionaire in this market when you are just another prey of the other, whales always create beautiful scenery and pictures of the future, that is not true. Play with passion, instead of playing with greed and everything we have, accumulate more experience and absolutely should not give up the main job.

What is your opinion of this story?

Every commodity market including cryptocurrency will test you with risk and kindness as a trial which's true. Each of us has a different experience in each forum that comes in turn. Trade and investment always coupled with the risks of each, and we are obliged to try as hard as possible to endure emotions and increase patience. Every new or old investor, there is no chance to evade (nor can it avoid) from what has been determined by the market. Each of the investors will experience it equally and evenly. Cryptocurrency's very speculative, they go down and go up very fast if you have faith in that, I don't think there's another way but to hold it for longer.

it's not crypto's fault if you play along and you go bankrupt. it may be your carelessness that makes you emotional and always rushes to take income. and if you play in Crypto but you always emoai you will not be able to invest well the problem is the brain and heart are not connected.