Post
Topic
Board Bitcoin Discussion
Re: Millennials are ‘delusional’ about how rich they’re going to be
by
HODL2090
on 08/12/2018, 08:41:13 UTC
People mortgaging a house , (that was already paid for)
Using Credit Card Debt to Buy as much Crypto as Possible,

This is something that is generally discouraged, people are advised to only invest amounts they can afford to lose, and should never invest money they do not own.

All thinking it was going to make them Ultra Rich, and the exact opposite has occurred,
Prices are Crashing with little incentive for anyone to buy them , as everyone knows the price is going lower.

Well, Bitcoin has been responsible for making people ultra rich, for everyone buying at the top, there's another who bought lower and is selling for a profit. A lot of people's let have benefited from bitcoin, but just like trading in any sector, everyone can not win, everytime