I lost 1.6
BTC because of the lies MK
You only lose if you sell.
Really Very Basic Tips for Newbies - during you Learning Period:
Only buy Cryptos that are over 6 months old.
Basically, there are many minor coin releases, where the developer disappears around the 3-6 months.
Seasoned veterans can avoid them, because everyone get's stung buy them at least once, but Newbies won't be able to tell the difference.
Say you buy at the Top of Pump
Hold back half you funds and to be used at the bottom of slump. This will half the effective price of you holding. You will know, when the bottom slump of a coin is: because people come on that thread to piss off the wallet holders.
Example:
Bought at 0.0001BTC at the Top Price.
Then the coin reverse to the bottom in 3 months time.
Now, you can use the second set of funds.
Bought 0.000025BTC, half funds got 4 times as many coins.
5,000 coins at 0.0001BTC=0.50BTC Total
20,000 coins at 0.000025=0.50BTC Total
Now, the average value of your coins you bought is 0.00004BTC.
Coins with block halvings, with big public development teams, are pretty much (95% certain) to go up in price in the long run
Obviously, it can much more advance from this STARTing foundation!