Quote from: GDragon on Today at 01:54:27 PM

Quote from: Wenbing on May 09, 2020, 04:42:51 PM

The Uncertainty Factor:

Investment always have element of uncertainty. Its always based on speculation of success which may not always be so.

I think one of the best lessons I've learned so far in investing is to always invest money that I really don't need to used for weeks and months. In that way, I can survive the uncertainty that I will face for a few months. So whenever I face bearish season, I can still stay calm because I can really wait until it goes high again.

I tried investing money that I really need expecting it to double for a week because I read it will, it didn't, and I already need to get the money so I just lost a few. One of the funniest newbie days for me.

The lesson learned so far is that I have to expect the worse to happen and that all my investment should fail so that in case if it will I'm not gonna be surprised then. Always rely on the fiat currency because in reality its always going to be the first to be preferred by the merchants to be accepted not some coins they don't know. So when the bear market begins again, this time I won't hesitate to put all my coins on stablecoin.