YouBet said:
The certainty on here with some of these claims is simply unwarranted. Everyone on here needs to take any statement on here as opinion. No one on here can predict the future or know jack sh^t about what any of this will do.
I realize I'm stating the obvious but I feel like people are judging crypto as this can't miss investment opportunity that will never decrease in value.
Crypto is very volatile but in general it has been can't miss. Over a longer span of time, it has always gone up in value. Ethereum, Bitcoin, etc. have massively increased since they began. Ethereum and Bitcoin both began under $1. All of the other major coins have skyrocketed in value since their start when taken over a few years.
Can you lose money on ****coins? You bet, I certainly have lost some money. However, you have to remember that crypto is still early and most of these projects are still not close to fully realized. The other thing that will become increasingly obvious is that money is beginning to switch from the stock market to crypto investing. This is a game changer and it would not surprise me if by 2030 or 2035 that crypto investing exceeds stock market investing. I already done some finance guys who invest as a career who are thinking about going 100% crypto.
The last thing is that you should never day trade crypto if you can't do it as a full time job. Buy and hodl (yes this is a purposeful misspelling but it's a long running crypto meme). Hodl a coin over the span of years and it is likely it will significantly increase in value.