After the bitcoin boom: hard lessons for cryptocurrency investors

Always follow the rule: Invest only what you can afford to lose.

Amen!
As much as I feel for these people, I can’t help but think of it as a trader.
For me to win - someone else has to lose. Especially in crypto exchanges.
I’ve lost some and I’ve won some. Whatever the case - there is always a person on the other side.
A lot of us seem to forget that.

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Tbh, I’ve already given up on BTC. :frowning: I’ve deleted the apps I use to monitor its moves and I’ve already let go of the money I’ve invested. :sweat: It wasn’t big anyway. :frowning: I feel so bad for those who really invested all their savings here. :frowning: Never a good decision but I hope they power through it. :thinking:

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There was too much hype over Cryptos especially Bitcoin and these new Cryptos that come out every day. It was surely going to lose momentum. Those who thought the crypto was a holy grail investment can now see how wrong they were.

What is your prediction for cryptos?