Post
Topic
Board Altcoin Discussion
Re: Is the crypto market really for anyone?
by
kauban2018
on 16/11/2018, 23:52:37 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.
It must be for everyone. Whats the whole point of this technology if this is for the few selected only, that would be preposterous. I think people need to experience the taste of regret and failure first. Thats where people mature into an experience traders in crypto. Since this is new to our lifetime. we should expect some ups and downs in this technology