Everyday I get asked the same question... Is bitcoin a BAD investment?! Is it RISKY?! It’s a double edged sword that I can’t get myself to answer without offending a few people here and there.
The REAL question is can you afford not to be apart of something that has created the most millionaires ever recorded in history in a single year?! Now, I’m not saying anyone who invests will become a millionaire.
People lose money everyday with cryptocurrency simply because they don’t have the experience or the education that a successful trader has that has been doing it for a lot longer than the mainstream market has even mentioned “cryptpcurrency”. So my answer to many people is usually the same. Anything(and I mean ANYTHING) you invest your money into is “risky” . A couple of weeks ago Facebook, one of the top blue chip stocks plummeted and lost $120 BILLION in value in a single day. Marijuana Stocks , SAME THING.
No one can predict these things. BUT! With the right education, experience , mentorship it IS possible to mitigate risks and profit in any which direction bitcoin or any other cryptocurrency goes. I’ve mentored 4 dozen people for the last 6 months and my main strategy is not to trade often , but trade less frequently and SMART! Doesn’t matter if you make 30 trades a day if you’re losing money and equally as important , TIME!
One of the main principles I trade by is to DE-RISK , DE-RISK, DE-... I think you get the point lol. No one likes losing money! So back to the original question! YES , cryptocurrency trading can make you a LOT of money but you need the right* principles to create longevity and profit frequently.
Shoot me a DM for any questions or Inquiries!📩 I know I have a fairly new account that I have not used in months! but I finally decided to use Instagram for my program and expand my mentorship and help more people make better decisions with crypto trading!