PSA: Crypto prices will go down. If you’re not comfortable with that, reevaluate your positions.
I know this isn’t what some of you want to hear, but I’ve had some friends reach out to me about the dips recently and figured I’d share some friendly advice.
Crypto is VOLATILE. There are green days, there are red days. Some swings can be sizable (10%+ in a day). If you’re not comfortable riding out dips and potentially even crazier downward swings in the coming days, then you need to re-evaluate your position(s).
No one can predict the future, but I can guarantee we’ll see big upswings and downswings in the future. If you’re not comfortable losing grips of your life savings in a short trading window, don’t put all your money into crypto. That’s all.
Thanks for coming to my ted talk.
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