Stop Crying about Crypto (FOR ALL INVESTORS)

[yanto@1977]

What is the famous saying........"If you can't handle the heat get out of the kitchen."

There are so many people crying about the recent dip of BTC that I'm frankly getting annoyed. You should know the risk involved in investing in crypto. If not, don't even waste your money. Go buy a CD that won't make more than the rate of inflation. Remember investing is literally legalized gambling. Treat it as such or don't even jump in the pool.

Mostly I agree with you but we are only human, cry and angry is natural. But I see from different side, many people replace their asset into crypto market from loan and never use money management, just take and wait. Doesn't have good preparation is the main mistake, so let's fix it before too late. See again your strategy if can't hold just let it go.

[Cryptoguru274]

What is the famous saying........"If you can't handle the heat get out of the kitchen."

There are so many people crying about the recent dip of BTC that I'm frankly getting annoyed. You should know the risk involved in investing in crypto. If not, don't even waste your money. Go buy a CD that won't make more than the rate of inflation. Remember investing is literally legalized gambling. Treat it as such or don't even jump in the pool.

 Yes crypto investment is also risky just like every other financial investment, I think the only way to mitigate the risk is to diversify your crypto investment, so create as many crypto investment portfolio as possible, in that way you will be able to spread your investment and reduce the risk of loss

[nl247]

who is crying? all just disappointed and frustrated at the loss due to the fall of the market. I think that is a natural thing and we always feel it. indeed every investment is always at risk, it's just missed or not ready to anticipate any losses from our investment.

Why should you be disappointed and frustrated if I may ask? Before you become a doctor, lawyer, or whatever, what do you do first?

You learn and understand how to be better at what you do. People should see being an investor as a profession on its own, and the necessity of understanding the space pretty much, so that you can make better decisions and that is one thing you should never take for levity.

Knowledge helps a lot in anything and most especially when you have to make decisions that has to do with risks, and without it, unless you get lucky which you would not want to be too dependent on, you cannot get the best.

[upsidedown75]

People don't cry about dip in the price but about consequences it have on their life.

And if it make anyone a little happier: it's better to buy high and lose than buy low and sell too early 

Well, that is a consequence they must have brought upon themselves just for making the wrong decisions. It is one thing to want to be an investor and it is another thing to want to have the knowledge to be able to make good decisions in this space.

Just like you have said, it is a lot better you buy the peak and keep holding for as long as you can and even buy the dip to hold more stash, as in that case, you are simply focusing on the potential growth the market would bring in the future and not just the market noises in the short term which is what a whole lot of people tend to concentrate on instead.

[maligu]

investing is literally legalized gambling.

Agree, investment is a low-risk gamble, but sometimes, for example, the risk of investing in ICO may be higher than gambling.
At least gambling is a 50% chance of winning, and the probability of investing in an ICO win now may be less than 5%.

[el kaka22]

What is the famous saying........"If you can't handle the heat get out of the kitchen."

There are so many people crying about the recent dip of BTC that I'm frankly getting annoyed. You should know the risk involved in investing in crypto. If not, don't even waste your money. Go buy a CD that won't make more than the rate of inflation. Remember investing is literally legalized gambling. Treat it as such or don't even jump in the pool.

People are always too greedy to want to see the soup get done so they do not get to miss the big meat in the soup despite the heat and still they just keep complaining and whining over and over again like kids.

People will always cry, it has happened in the past and believe me, it will happen again and before we will stop seeing people cry, manipulations would have subsided hugely, mainstream adoption would have kicked in, and then the possibility of real life usage obviously, and by then a lot of them who are crying would have missed out in buying now.

It is just simple, it is either you focus on the long term, understand the short term and even long term risks involved and live with it.

[kutangterbang]

there is nothing to cry during investment into bitcoin, the price turnover that occurs in bitcoin is very different from other altcoins, and bitcoin believes more people stay as long as prices go down, and wait until the time when prices start to stabilize and profit