I have a documentry on my hard drive from 2013 still.
It's about the Housing Market crash and Recession etc.
And what caused it.. BAD INVESTMENTS
It outlined a series of links in the chain that all took part in a bad cycle
..that was doomed to collapse eventually.
It did too and it rocked the entire world and some countries economies collapsed hard.
They said we would feel inflation as an effect later and it's here people look around.
They also said it was a band-aid fix leaving a larger collapse looming over us.
I have said since 2013 i see all of you in the Altcoin scene acting the same way.
Actually worse !
Your only option at all is to make sensible healthy investments.
What is that ?
Well you don't need to be a genius ..listen to your gut for one thing.
What is worth investing in ?
Something that is needed or is productive.
Such as a company that makes products with a reasonable expectation of increased demand.
Take electricity for example we know more of it will be needed so..
Does a company / project fulfill a NEED or fill a WANTED desire ?
And asking you should be looking LONG term.
Not short term such as i just invested in XYZ coin because i heard some mysterious whale will pump a coin.
You should consider what Alternative Currency has a reasonable chance at ever going anywhere.
It's not about money.. it's about potential and vision.
Put your mind in the right place and money will follow..
And don't think you HAVE to invest in some coin.. like you HAVE to pick one of them to buy.
You may be better off leaving your money in a savings account and waiting for a better coin to come along.
I just see noobs show up here and chant.. i NEED to make money ..so they ask which one do i buy ?
I also have had plenty of them PM me asking me too.. which i don't answer.
I am not helping any one by saying which coin to buy..
Teach a man to fish..
I think most of you are capable of more.
BUT !
It requires being patient and calm and sensible and mature.. and honest (especially with yourself)
A good rule of thumb is the more you try and do the right thing the more money it will make you.
The path to corruption & greed is short lived and a dead end !
There is large money to be made trying to be a long term supporter of a project / business you truly believe in.
Don't sell yourselves short for short term small profit gains.
Do the right thing and listen to your gut and be a patient supporter.
I say all that because of what i started out talking about.. trends !
Greed took down FIAT to it's knee's not long ago people so don't think Crypto is stable.
Especially if you are all going to be greedy profiteers all collectively looking for a quick buck.
You reap what you sow.