Quote from: PsylockReborn on December 10, 2018, 01:42:59 AM

Quote from: basicnecromancycr on December 09, 2018, 07:16:34 PM

In November 2013, Bitcoin price had hit 1100$ and then a massive crash had begun until it had hit 160$ at the beginning of 2015. It took almost three years for Bitcoin to hit the same price again.

Most of the investors today just know this as a story but what about the ones who were there then and now here as an investor? What is the most valuable advice does a veteran could give us? I'd like to hear how does this patience and tolerance war could be won?

Stay away from investing in crypto if you don't accept and understand the risks involve. You can invest in other investment vehicles with less risk. High risk will result to high rewards so if you're a risk taker and want to earn more profit than the traditional investments then go invest in crypto but always remember to invest only an amount that you can afford to lose to avoid frustration and ranting in forums about your loss and blame crypto. Grin

Like I always used to say, and TBH this mantra isn't repeated nearly as much as it should be now-days: Only invest what you are willing to lose.

Bitcoin (and other cryptos) have and pretty much always will be a risky investment. That shouldn't be taken lightly.