Quote from: Excell110 on October 01, 2019, 08:50:53 PM

You know this question is unavoidable...

DID I MAKE A MISTAKE INVESTING IN BITCOIN?

A lot of people have heard of the benefits achievable with BTC investments and decided to invest.
The recent market setbacks have brewed a very big question in the minds of new investors...

What will be your response to this question?

My answer would be like this. Everything in life has risks, especially Bitcoin. As the old saying goes, "Invest what you can afford to lose" or "Invest at your own risk". I understand how new investors feel when they decide to get into Bitcoin, no matter what amount did they put in.

It's all about changing the perspective by looking on the positive from the negative. Like if Bitcoin falls, they should think of it as an opportunity to buy more or risking it not to see that price again for a very long time.

Before new investors would invest in Bitcoin, they need to be educated and equipped if something happens to its price (whether if it's going up or down in value). Either way, they should be ready (especially their emotions and how to overcome them). Just my two sats.