Must read: "The CryptoCurrency Owner’s Manual" - 5 rules on how to invest

maxibucks (30) in cyptocurrency • 7 years ago (edited)

Here is some very good advice by Thorsten Weigel on how to invest in Cryptocurrency.

He recommends simple 5 rules:

Rule 1 Go down the rabbit hole

Rule 2 Use CryptoCurrencies

Rule 3 Become a Hodler

Rule 4 Own your keys

Rule 5 Question everything

I recommend to read his full article on Medium.com:

The CryptoCurrency Owner’s Manual

cyptocurrency cryptocurrency bitcoin ethereum investment

7 years ago by maxibucks (30)

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chris77d (53) · 7 years ago

It's hard to say. We have had only two bubbles in bitcoin. We can't make statistics on current data. But basically, everybody has to make their own analysis. If you think about bitcoin (for example) as a future gold then it is undervalued about 150 times for you. If you think about bitcoin as an average payment method, then it is overvalued about 4 times. If you think about bitcoin as one of the main currencies in the future, then it is super undervalued.

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