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RE: Buy only what you're willing to lose: A cautionary tale that shouldn't need to be repeated, but always does.

in #bitcoin7 years ago

It is amazing to me that some people enter cryptocurrency with such a short term outlook - there have been many, many periods in the past where a cryptocurrency investment would decline by 70%+ over a few months, only to reach new highs within a couple of years. In a traditional investment, even 5 years is a relatively short timeframe....in crypto, a 5 year timeframe has always been profitable.