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Reply to "crypto investing - do it or no?"
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[quote=Anonymous]If I were going to make an investment in crypto, it would be bitcoin, which seems like the least speculative of a hugely speculative field. That said, you really have to believe in it to stick with it long-term. I bought two bitcoins at $14,000 on or around New Year’s Day in 2018. During 2017, it went from $2,000 to $20,000, so $14,000 seemed like a steal. However, then it kept dropping all the way down to $3,000. When it got back up to $11,000, I decided to cut my losses and sell. Of course, it would be worth a lot more now. But, at the time, I actually had something else I wanted to do with the money—it wasn’t even a fear-based decision; it’s just hard to hold onto something with such wild swings unless you really believe in it.[/quote]
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