Are you as a cryptocurrency investor worried?

in #crypto6 years ago (edited)

Stop.

First, this technology is strong and will be a valuable part of our future. You absolutely will make money if you are a smart investor in the space.

What do I mean by smart?

  1. Don't invest what you can't afford to lose. This is true for any investment including the stock market.
  2. Stop putting your money in coins you are hoping will moon opposed to projects that have an ability to succeed. The world is. not going to switch to Dogecoin for currency. Sorry, not sorry.
  3. Spread around your investment. an ABSOLUTELY free service to spread around your investment is Shrimpy. Set up your investment percentages and the program will automatically adjust and buy more or sell coins based on the market. This means that you will take advantage of dips and jumps in the market AUTOMATICALLYl. It's a free service and they do not have the ability to take your coins. In short, this is not a scam because it is based on math.
  4. Stay in the market. You need to stay around for a couple years to enjoy the benefits of growth. You are your worst enemy in this regard. You need to stay out of the way of the tech and the investment.
  5. If you want to make solid money then stick to the stock market. The crypto community fight against the system, but America was built on capitalism. If you want to make real money, invest in the companies that you and others will actually buy the products from.

September is the month EVERYONE knows you will lose money. https://www.investopedia.com/ask/answers/06/septworstmonth.asp

Here's how to use Shrimpy: https://shrimpy.io/referral?r=yOzhFMqZ
Here's how to track your finances free: mint.com

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To the question in your title, my Magic 8-Ball says:

Outlook good

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