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Bitcoin Heading to $20,000, More Damage to Come Says What's His Name!
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<p>[QUOTE="Kurisu, post: 8187891, member: 117063"]What gives you that impression? Genuine question.</p><p><br /></p><p>There have been plenty of people who invested too much for their budget in many things...</p><p><br /></p><p>But my experience with crypto is amongst adults who are long-term investors in the usual type things like 401k's, mutual funds, stock, savings...and some of them made tiny crypto investments early on with great success. But most of us (just like our coin purchases) decided to spend an affordable amount and we continue to just that.</p><p><br /></p><p>As with ANY level of risk with investments...you should only invest what you can afford to loose. It can be an unbelievably difficult lesson to learn for many.</p><p><br /></p><p>Just for perspective...</p><p>I'm 52, a couple years ago I started by putting $500 into about 15 different cryptos...I know have well over $5000 of crypto and have cashed in approximately $2000 along the way.</p><p><br /></p><p>Side note: When someone indicates that they are really into something, like coin collecting for example, it most certainly does not mean it's their primary interest or that they are utterly brainwashed by it. That's an incredibly judgmental assumptive way to see people in general. You know what they say about assumptions... lol![/QUOTE]</p><p><br /></p>
[QUOTE="Kurisu, post: 8187891, member: 117063"]What gives you that impression? Genuine question. There have been plenty of people who invested too much for their budget in many things... But my experience with crypto is amongst adults who are long-term investors in the usual type things like 401k's, mutual funds, stock, savings...and some of them made tiny crypto investments early on with great success. But most of us (just like our coin purchases) decided to spend an affordable amount and we continue to just that. As with ANY level of risk with investments...you should only invest what you can afford to loose. It can be an unbelievably difficult lesson to learn for many. Just for perspective... I'm 52, a couple years ago I started by putting $500 into about 15 different cryptos...I know have well over $5000 of crypto and have cashed in approximately $2000 along the way. Side note: When someone indicates that they are really into something, like coin collecting for example, it most certainly does not mean it's their primary interest or that they are utterly brainwashed by it. That's an incredibly judgmental assumptive way to see people in general. You know what they say about assumptions... lol![/QUOTE]
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