Poll - Total Votes: 6 See Poll Options
No
Fishy · 36-40, F
I don't know much about investing or cryptocurrency, but I heard a quote somewhere (can't remember the name of the guy, but he wrote the "rich dad, poor dad" book)
But it was something along the lines of:
"Don't waste your life savings on a beginner's mistake"
So if you want to try cryptocurrency ... Or anything for that matter, do your research first,
And approach all the research you do with scepticism,
Cross reference everything and play devils advocate,
Be careful of hype and the hustlers online trying to make a quick sale
And if you do decide try it, try it by experimenting with tiny amounts to get a better idea of how it works.
Learn by experimenting and allowing little failures to happen just for the sake of learning, test the waters so to speak
But never just invest everything you've got
But it was something along the lines of:
"Don't waste your life savings on a beginner's mistake"
So if you want to try cryptocurrency ... Or anything for that matter, do your research first,
And approach all the research you do with scepticism,
Cross reference everything and play devils advocate,
Be careful of hype and the hustlers online trying to make a quick sale
And if you do decide try it, try it by experimenting with tiny amounts to get a better idea of how it works.
Learn by experimenting and allowing little failures to happen just for the sake of learning, test the waters so to speak
But never just invest everything you've got
PowerofStories · 61-69, M
It depends on the cryptocurrency. I would not touch anything other than Bitcoin. And if you have no savings, it is too risky to put your money in that because even thought it may go up in value over time, in the short term it is very volatile.
AbbySvenz · F
Burning it would probably be better for the environment, in the longer term 🤷🏼♀
in10RjFox · M
Very bad idea. Crypto is getting to be a dangerous scam. There are no regulators or guarantors. Leave the crypto to the rich. Or atleast Stop converting all of it to crypto.
Crypto is a hoax.
Crypto is a hoax.
LamontCranston · M
No
DDonde · 31-35, M
No.
Moneyonmymind · 31-35, M
No and whoever said bitcoin was going to $100k is crazy
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