Topic: CNBC: Be “prepared to lose everything” in Cryptos - page 2. (Read 267 times)
In account ledger there is usually a provision for profit and loss so anyone who invest in CryptoFortune should expect that a time of loss will come and that mindset helps to prepare ahead and to avoid unnecessary panic. With the advancement of altcoins coming up daily i don't it crashing soon.
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
This is not fear mongering. This is the maxim in crypto investing. Even long time holders know at the back of their mind, that there is a possibility that Bitcoin may become worthless. Although it is more probable that Bitcoin will become successful and appreciate in value.
This is also the advice I give to people who are looking to invest in crypto. Treat it like a small lottery and be prepared to lose everything.
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Reading the article, I can say the guy is a confused fellow and everything the article is all about are not new to someone who has stayed long enough in the crypto world. At this trying time of crypto currency, we don't need people who are conservative about it. If you want to say something on the positive say it and if you are against it, make your position known rather than sitting on the fence trying to protect yourself in case the situation goes side ways.
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
What a sarcasm! The same guy Goldman Sachs who said the bitcoin and other crypto currencies will go down to zero now has bought the Poloniex Exchanger one day ago under the agreement of Circle Corporation which is backed by him.
The same guy according to your news on 7th Feb speaks about the crypto currencies and its fall in the near future. So why would he do that? To create the panic chain reaction so that people will sell the coins and his newly bought exchanger will get huge profit form the fees? Sound like that is the plan?
Oh come on, never trust these big guys they always sucker punch themselves.
And please stop increasing the impressions of CNBC as well. Lolz.
Maybe they do that for a simple reason and that is they want many people get panic so they sell their coin without knowing what is really the truth, that is one of the mistake of other people, they easily believe in fake news.
the article sounds more like an FUD than an honest investment advice.
an honest advice says you can lose everything in cryptos but doesn't pretend other assets are safe. and doesn't even include the comparison between the two markets in it.
an honest advice says you can lose everything in cryptos but doesn't pretend other assets are safe. and doesn't even include the comparison between the two markets in it.
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.c[Suspicious link removed]m/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
I do not think that this is going to happen anytime soon. I agree that prices are volatile but if you are investing for at least 6 months, you will not see any loss for sure. Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.c[Suspicious link removed]m/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
What a sarcasm! The same guy Goldman Sachs who said the bitcoin and other crypto currencies will go down to zero now has bought the Poloniex Exchanger one day ago under the agreement of Circle Corporation which is backed by him.
The same guy according to your news on 7th Feb speaks about the crypto currencies and its fall in the near future. So why would he do that? To create the panic chain reaction so that people will sell the coins and his newly bought exchanger will get huge profit form the fees? Sound like that is the plan?
Oh come on, never trust these big guys they always sucker punch themselves.
And please stop increasing the impressions of CNBC as well. Lolz.
This can ben seen like an advice, so I don't see as wrong. We can lose all our investment in cryptocurrencies, and it doesn't require to see a bitcoin reaching 0 for that 
Investing in cryptos is a risky game that some people sometimes forget. Everyone must consider investing only what they can afford to lose, this is said everywhere on this forum but it's still the best advice, because yes, you can invest in something which will worth near 0 later.
About the graph showing price volatibility in the news, well, this is not surprising to see cryptocurrencies with an higher rate, haha. What do they expect ? Thet compare gold and cryptocurrencies, but this is not comparable. More the market cap is high, the less volatility will be, because with an higher market cap, you'll need much more money to shake the market. But this doesn't protect you against crashes.
Investing in cryptos is a risky game that some people sometimes forget. Everyone must consider investing only what they can afford to lose, this is said everywhere on this forum but it's still the best advice, because yes, you can invest in something which will worth near 0 later.
About the graph showing price volatibility in the news, well, this is not surprising to see cryptocurrencies with an higher rate, haha. What do they expect ? Thet compare gold and cryptocurrencies, but this is not comparable. More the market cap is high, the less volatility will be, because with an higher market cap, you'll need much more money to shake the market. But this doesn't protect you against crashes.
Cryptos are in their formative season. The processes or very abstract, hence the apprehension. All these forecast of volatility are just the expression of doubt and adventure mixed together.
So many have come to accept bitcoin because its usefulness is more clearer now. This is what all cryptos will be soon.
So many have come to accept bitcoin because its usefulness is more clearer now. This is what all cryptos will be soon.
i am sorry but that side by side comparison is bullshit because it is comparing apples and oranges.
first comparing bitcoin with traditional old assets such as gold and stocks is silly. if you want to compare then you at least have to compare today's bitcoin with 50-100 years ago gold, for example during the gold rush or something like that. but not with today's gold which is an ancient, established and HUGE market. bitcoin is a 9 year old infant which is being compared with a 1000 year old ancient!
second, comparing bitcoin with other altcoins such as ETH and XRP is wrong. both of these coins and other altcoins are 100 times more susceptible to manipulations and pump and dumps. plus prices of most of them like ETH are mostly controlled by their centralized investors such as big banks in the background. and the pump and dumps happening there increases the volatility that much
first comparing bitcoin with traditional old assets such as gold and stocks is silly. if you want to compare then you at least have to compare today's bitcoin with 50-100 years ago gold, for example during the gold rush or something like that. but not with today's gold which is an ancient, established and HUGE market. bitcoin is a 9 year old infant which is being compared with a 1000 year old ancient!
second, comparing bitcoin with other altcoins such as ETH and XRP is wrong. both of these coins and other altcoins are 100 times more susceptible to manipulations and pump and dumps. plus prices of most of them like ETH are mostly controlled by their centralized investors such as big banks in the background. and the pump and dumps happening there increases the volatility that much
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
If we can see it well, it is a possibility that it could happen, but someone a lot of people are now adapting it so maybe it will go up sometimes.
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
But if you are a trader, volatility is good whichever side of the trade. Long or short, if you know what you're doing you always make money. As opposed to something that is flat in the market. How do you make some money with that?
Quote
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
You can make profit on the "downside" too by shorting as I said above.
Quote
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
That means they do not know what to think of cryptocurrencies. They say "prepare to lose", then they say "it's the future". How can you lose if Bitcoin and some altcoins are the future of money?
Regardless of who's saying it, when you're invested in something which is as volatile as crypto you should without a doubt be prepared to lose anything at any moment. This is why when people get invested into Crypto they say that you should already think of that money as lost and you should ensure that you can live without it, so once your in MAKE SURE YOU CAN LIVE WITHOUT THE CASH -- dont buy on margin, dont buy on ur credit card, etc.
I'm prepared to lose it all, are you?
I'm prepared to lose it all, are you?
Yes, while no one can tell exactly how the process of developing the Crypto currency will end. I admit that bitcoin may fall for some, even a long time, but I believe in the necessity of the existence of altcoyins, which became very necessary for us with you, as they really improve our life and make it more convenient and safe.
So yeah, this is your typical traditional asset manager fear mongering, but I found this article most interesting because it includes a side by side comparison chart of volitility for BTC, ETH, Ripple and tradition assets, stocks and gold. We already know how volatile it is, but had never seen a side by side comparison like that.
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
Remember, though, the word volitity has a connotation when talking about investments, but it goes both ways. Highly volition assets can “explode to the upside”, too.
At least this BlackRock asset manager does appear to acknowledge that Cryptos may eventually become mainstream.
https://www.cnbc.com/2018/02/26/worlds-largest-asset-manager-says-get-ready-to-stomach-complete-losses-in-cryptocurrencies.html
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