Post
Topic
Board Altcoin Discussion
Re: Is the crypto market really for anyone?
by
manojpatelme
on 05/11/2018, 16:01:29 UTC
I think this market is not for everyone and that is why I do not usually recommend my friends or family to invest in cryptos, as it is well known that most people have a great aversion to risk and that is why traditional investment instruments still receive large amounts of money despite their stingy returns. And because of this usual risk rejection many newbies use to cry so much as soon as they suffer some loss in this market, because they never assume the great risk that crypto investments involve and believe that getting rich overnight is a simple and easy task.
Well said bro, it is definitely not for everyone it need lot of research and hard work before investing money into this. Personally I have suggested my one of best friend to invest in crypto but he is not interested in crypto but invested some money into it as per my suggestion but he sold his crypto in loss because he  was expecting that his money will grow automatically 2x 3x without doing anything.