Lesson learned my friend

[chris.m88]

Cheers guys..no I didn’t sell. I didn’t throw my money into sh*tcoins, so I was confident of the bounce back.

I doubled down late last night, after the beast of the east (the Chinese market), performed most of their trading. Happy to reap the rewards today.

The DSSD pics soon to follow!


Sent from my iPhone using Tapatalk

[Eva123]

I am in finance business, however, I still do not have a full understanding how crypto currency works. Maybe I am too conservative, however, I think that it is better to invest there where you understand how the whole process works.

Also, I am coming from ex-Soviet union where there were a lot of Ponzi schemes when people lost a lot of money (even life time savings). By looking at crypto currencies I see the same Ponzi scheme. Yes, some lucky people who invested earlier and withdraw on time are going to be lucky, but many people will actually loose money.

All this crypto currency price increase was based on unrealistic expectations, but there are few fundamental factors such as:

1) More and more governments will forbid such currency trading and mining (due to significant energy resource requirements for mining and using crypto currency for money laundering, drug dealing and similar transactions).
2) South Korea and China announced about restrictions and cryptos start falling. Now, panicked investors will start selling them and that could push currency even more down.

I am just looking at this process with the smile and want to congratulate lucky people who actually made money in this process.

[kicksncrowns]

Thinking of putting 2k on the Jaguars to win the super bowl to fund my next Rolex... Serious, but not Serious....

[JDS Real Estate]

Originally Posted by Danny83

Quit while ahead ..

Quitting while you're ahead is not the same as quitting