It is true that investing in cryptocurrency can be risky, but it is also true for any other type of investment. Without proper understanding, research, and experience, one can lose money in any field. High risk can bring high gains, but it is important to set aside some money for investment and have a good understanding of risk management.
The fact that some of the wealthiest investors and founders in the crypto industry have lost money shows that no one is immune to market fluctuations. However, it is important to remember that market downturns are temporary, and the overall trend of Bitcoin and other cryptocurrencies is upward.
It is important to stay strong and patient during market downturns, and not to panic sell based on short-term fluctuations. As long as we have trust and hope in the long-term potential of Bitcoin and the cryptocurrency industry as a whole, we can weather the storms and come out stronger in the end.
Even this bear market has come to greed level.