Cryptocurrencies is a type of investment that is very risky, when someone gets a big profit, it is better to use for other types of investment such as property, gold or others, sometimes human nature and always never satisfied making a sad end, this is an important lesson for us that if if if One time we get a big profit then immediately switch to another type of investment, not too long hold.
The high risk that we have in crypto is also the reason why it could be so profitable. We are down about 75% or so in bitcoin if I am not wrong, that means if we go back to ATH that would be a great profit for anyone who invested and that’s just the ATH, as we all know bitcoin keeps breaking over its ATH all the time, and it will happen again.
So, nobody can say it won't be 10x from here, we don't know when but I guarantee that it will be 10x "one day", and that’s why investing into bitcoin could be risky for the short term, but it is also such a profitable business in the long run. That is why I would like to just focus on buying more, and ignore the risks.
It doesn't have to be high risk, that’s the point. The hope at the end of the tunnel is the fact that if you buy bitcoins and hold it, you could make a good profit out of it and not many people realize this. If people cannot say it can't be 10x from here, that doesn't mean that it's risky, it means it's riskless, then you should invest into it.
It’s true that we are talking about something that is crashing time to time and that’s why people are worried, but that doesn't mean we should be constantly worried about what to do, we should be happy that in the long run those crashes do not matter and that is why it doesn't have that much risk, aside from maybe if we need emergency money and it's low.
