Quote from: gabmen on March 13, 2019, 04:09:23 PM

Quote from: jonatuzc on March 12, 2019, 08:26:21 PM

Its good to read books about investment to learn new and old stuffs that you never knew about.

It can be very helpful. There are people who never take out their time to read and learn the stuff they are into, they just jump in and follow they crowd wherever they are heading to. Its good to read, cause it you dont, there are things that you will never get to know.

Right. If you plan to be an investor, better have all the knowledge and information you can get since that will be your foundation prior to gaining important experiences. Be observant as well and don't be afraid to make mistakes and ask help from people who are more experienced and know better.

Unfortunately, most people who invested in bitcoin last 2017 where also the ones who did not do their research and background before. They impulsively followed the bandwagon and dump their money on bitcoin resulting to a tremendous increase on its price (which was around $20,000). After a few days, its price decreased and hit rock-bottom. These people who lost most of their money are also the ones saying that bitcoin is dead, cryptocurrencies are a scam... but the ones to blame are them.

An intelligent cryptocurrency investor would always research and study the market before purchasing any coins. They smartly speculate about the upcoming trend and hypothesize about the happening of current events which is a factor in its price movement.