You are viewing a single comment's thread from:

RE: How I invested in Crypto as a noob.. And how badly it went

in #cryptocurrency7 years ago

Your advice is a good reminder that despite all the hype...it isn't always gravy...truth be told...a lot of folks who have made gains are ones who bought in at first of year or earlier than that...because of the price they were able to buy in at...they have gains regardless of current lower prices...then there are those who regularly trade and perhaps are good enough to make money in a fluctuating market like this...but as I've learned about most "gamblers"...you only hear about the winnings not the losses...

Those who have come on board more recently...have faced a much rockier time of it...however...I wouldn't give up on it totally...I might suggest buying a small piece of a few better known coins and just holding...if this technology continues to move ahead...you will be pleased with the long term results...but as always...only invest what you can afford to lose...

Sort:  

Hi there, yeah I am putting this log on steem because it "isn't always gravy". Love that. I will stick with it thought. I have learned so much since starting out, the blockchain is not going anywhere. It is the technology that we will be using in many industries in a few years. I just want to make a few euro on the way there....

Yeah, i will be hodling. Ill be making more retro-entries over the next. It will be interesting for me to look back, but hopefully be a heads up for new blood too!

Best of luck...provide updates and thoughts...