Quote from: AakZaki on June 23, 2021, 11:42:07 PM

Quote from: slaman29 on June 22, 2021, 04:38:57 PM

You've no idea how often I tell myself this, in life and in crypto. I did end up taking a lot of risks early on in crypto, made some, lost some (mainly lost) but I learnt a lot from that experience and am really glad I did.

The best thing about crypto to me that it's STILL new and still a risk, but I believe the reward at the long term is well worth taking this risk today.

Cryptocurrency is still new and this technology still needs a lot of development. Investing in crypto provides faster returns due to the highly volatile market. The rate of fluctuation of cryptocurrencies is indeed faster than stocks, but because of these faster fluctuations, it can be used for profit. Both short term and long term.
The risk of investing in crypto is indeed very large compared to other investments. but all these risks will pay off if we focus and can avoid risks properly.

Indeed. People forget how young Bitcoin is in relation to the whole scene of tech and money, and younger still are the other coins that followed. Can you imagine ETH only came 5 years later? And Defi coins are barely 1 or 2 years old now? Smart contract chains? All a handful of years!

We do need this space to mature and while it does, it's gonna be full of risk. But that's expected:)