Quote from: AmoreJaz on May 31, 2024, 11:59:32 PM

It is always best to have contingencies when it comes to assets. Definitely, practice the saying, don't put all your eggs in one basket. But of course, you should have knowledge at least what you are venturing into. I understood, a lot of people want to jump into crypto market, because they thought it is quite easy to get rich. However, they will find out quick that there's more than meets the eyes in this market.

agreed things never that simple, if someone could make money through investment doesn't mean we can but honestly speaking in the case of crypto the solution to making money and offsetting the inflation is simple a f.
just look at the chart of bitcoin spans between 2012 to 2024 here https://coinmarketcap.com/currencies/bitcoin/
the key here to success in cryptocurrency quite literally is just holding it which is funny enough the simplest thing someone with the mind that is eager to invest can do, just holding crypto already gets us to multiple folds of our initial capital which is crazy.
the people that lost from investing in crypto probably just don't have the patience to hold on to their crypto longer or they just be having some unreasonable fear that crypto might be doomed whenever it hits bottom price while in truth its not and even speaking the fact the bottom price of every bearish is the ath of previous cycle which kinda speaks a lot about the prospect of investing in crypto which also means so far the easiest way to offset the inflation.

diversification is great and contingency is needed but with cryptocurrency getting some share of our investment portfolio I think we can safely say that it has successfully offsetting current inflation by massive amount of price growth.