RE: How To Lose Money Trading Crypto :/

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How To Lose Money Trading Crypto :/

in bitcoin •  7 years ago  (edited)
  1. Great point - people see it going up and think they will become millionaires if they just hold on. take profit invest in something undervalued, rinse and repeat.
  2. invest in small market coins - they risky but do your homework and it can pay off big time
    3)How was underestimating BTC a mistake if you should have made more by investing in those 3? You must have got in at the wrong time (well vs BTC), which is everything in crypto. I bought IOTA and NEO and if i had chosen BTC i would be no where near where i am now. My entire portfolio (over 20 coins) is doing better vs BTC
bitcoin
7 years ago by

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      ·  7 years ago 

    Of course you could make more money by trading altcoins than by holding bitcoin, but it sure is a risky way to go. I believe that everyone should hold a couple bitcoin to minimize that risk!

    Thanks for the comment! :)

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