from now onward nobody will ever discourage me from investing in any commodity that I see as a profitable one, no matter the risk that's involved. I will take it, There is no harm in trying with a small amount of money.
That’s FOMO talking, just because you missed out on investing in bitcoin in 2016 when the price was low doesn’t mean you should be any less sceptical of investments that may seem profitable.
Invest what you can afford to lose, there is lot of risks involved in investing in cryptocurrencies, altcoins are known to be very profitable and have made some investors millionaires but there are lot more people who have lost money to altcoins, and rug pull scams. Bitcoin is the only crypto investment I can solidly stand behind 100percent.
Definitely a problem. Many people knows how profitable it is to invest in this industry but not all people knows how to handle risk from doing so. Some would wait for prices to fall and once the market does, they would still hesitate to invest. Some would invest during peak season and would regret once a market crash occur. The idea behind crypto investment is investing at any market price wherein you can endure any market price behavior for a long run. Indeed short term investment has its place in this industry but be sure to know what you are doing sucb as with the right price to exist and make another entry. If not? go with long term vision 'coz based on charts, the market price is continuously but not consistently, moving upward.