Since December 2017 we’ve seen a massive influx of new investors in the crypto space, and the inflow of their fiat has lead to a massive boom for altcoins. This has inflated values and with many making astronomical fast and easy gains by simply gambling on symbols on an exchange, I am seeing the market reward the very worst type of behavior for investors.
More and more in this sub I see people bragging about how they randomly threw money at some shitcoin they didn’t even research but just saw shilled here and made 3x on their $500 investment, as if that’s something to be encouraged or celebrated. This type of investment style will not last and will only lead you to lose whatever gains you have made recently. I have been holding Bitcoin since 2013, through the Mt.Gox disaster and only sold recently for over $470,000 in profit.

I held Ethereum for almost 2 years before I decided to take $32,000 in profits recently. A 5 year investment window may seem like an eternity to the largely young investors that are coming in now, but it really isn’t that long. For crypto to be a truly life changing investment for you, you have to get over the “get rich in the next month” mentality that is rampant now and get past the lambo psychosis stage.

Article too long.. Kindly read it here.

http://mreporters.com/what-every-crypto-investors-must-know/

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