Post
Topic
Board Bitcoin Discussion
Re: Bitcoin can play tricks on your mind
by
mauriek
on 22/06/2021, 06:16:07 UTC
I know crypto assets are riskier than many other investments.  There are no guarantees other than volatility.
Crypto assets are not regulated in most cases.  There is no insurance for these items.
The price of crypto assets swings wildly by the minute, has suffered a painful and protracted correction and is almost certain to happen again.
Bitcoin, the first crypto asset that has been around for over a decade and is much less likely to disappear than most other coins, is also not risk free.
To avoid your mental health it is best not to risk all of your life savings on any crypto-coin assets.