Thank you for the article
Bitcoin is already very volatile but altcoins are even crazier
Peak to trough, net worth is only down ~30% (so far
As you mentioned to me, Pekelo, I'm on Elite Trader forum but I don't trade, selling the high and buying the low in perfect timing. I am not capable of doing so, and I do not even try
When people ask what crypto to invest n, I always say bitcoin and hold for long term, but then they keep pressing for altcoins or they'll say what do I think about this coin or that coin, and then I'll suggest Ethereum, but hesitant as I'm not invested in ETH
I've read way too many books about trading and investing and speculating, which allows me to control my emotions
I'm more than 50% in cash, pure depreciating cash, maybe getting 0.01% apy, but it's cool, my portfolio swings are much tamer, no more daily swings of 6 figures (only 5 figures,
I remember seeing Ethereum Classic going up over 100% in a day and I tried to justify fomoing in, but after looking at the website and reading, I could not find a Dapp project or any defi project running on it
Nope, not going to buy it. If the people in the article are buying things with no fundamentals, it's a recipe for disaster whether in the stock market or in the cryptos world
