Also, don't invest money you can't afford to lose, and maintain a balanced and diversified portfolio so that part of your portfolio is still growing if another part isn't.
Srsly, don't invest in fads you don't understand
Submitted 2 years ago by iamtanmay@wolfballs.com to freeforum@wolfballs.com
https://wolfballs.com/pictrs/image/fa8a54b9-140f-4bd8-81c8-d29e19abd932.png
Comments
sj_zero@lotide.fbxl.net 2 years ago
SirAleric@wolfballs.com 2 years ago
This is originally a Babylon Bee instagram post. My brother showed it to me a few hours ago!
masterofballs@wolfballs.com 2 years ago
I keep buying 50$ every time it drops. It keeps on dropping though lol..
masterofballs@wolfballs.com 2 years ago
I was told
Trying
iamtanmay@wolfballs.com 2 years ago
You did the right thing. People offloading BTC at huge discount because they need cash. Good for you !
Elon was right about investing in things you believe in, not some nonsense fads
iamtanmay@wolfballs.com 2 years ago
I don't understand why people think its stable like Gold, and don't treat it like a stock that can go up or down suddenly. The usefulness of Bitcoin is its ecosystem of trading without Big banks, govt etc. It wasn't designed to replace Gold
Current dip in Bitcoin is same as rest of stock market. People need cash due to inflation, so they sell. Doesn't reflect a change in Bitcoin's usefulness
My cousin, the smartest guy in our family - worked for different FAANG and is doing an MBA - bet all his money on some pump and dump crypto scam and lost it. Smart people can be very stupid
masterofballs@wolfballs.com 2 years ago
Yeah monero seems like a better currency I just don't know where to buy it. I need to start mining it.