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First rule of investing for the crypto crowd

 
bigD111

User ID: 65945302
United States
12/22/2017 10:40 AM

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First rule of investing for the crypto crowd
Only invest money you can afford to lose. Markets can be bullish, then bearish, and the pressure of seeing money you need, lose 50% of it's value is too great. That's why you must only use funds you can afford to lose. You can leave it there and wait, long term.
deplorably republican
bigD111  (OP)

User ID: 65945302
United States
12/22/2017 11:44 AM

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Re: First rule of investing for the crypto crowd
2nd rule of investing: when something sounds too good to be true, it usually is.
deplorably republican
bigD111  (OP)

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12/22/2017 11:46 AM

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Re: First rule of investing for the crypto crowd
3rd rule of investing: Never catch a falling knife. Wait for an investment to form a bottom range, then is going back up, before you invest.
deplorably republican
bigD111  (OP)

User ID: 65945302
United States
12/22/2017 11:47 AM

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Re: First rule of investing for the crypto crowd
4th rule of investing: Bulls make money, bears make money, pigs get slaughtered!
deplorably republican
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