I invested something like a little over 500% but here me out before you call me the world's dumbest dumb dumb.
1) I am a young 20 person who has no kids and wife
2) My amount was small, dont think the 500% is a house or trust fund (its not)
3) This is literally once in a lifetime opportunity, this industry hasn't changed in 400 years
So yeah call me dumb but I saw the risk v reward accurately weighed it out and thought it was a good decision. It will be an even better one this summer when I can cash out (and believe me my calendar is marked
), and if all goes sour so be it, I am prepared for this too.
You cannot invest more than 100% since that number will represent everything you have no matter how you got it, however what you did was risky, as long as you understand the consequences of your actions and you can live with your decision in case you fail then it is fine but very few people do, so be careful, it is easy to think that cryptocurrencies are going to make us rich, but we need to remember that is a huge risk, it may pay off but maybe it wont. 1) I am a young 20 person who has no kids and wife
2) My amount was small, dont think the 500% is a house or trust fund (its not)
3) This is literally once in a lifetime opportunity, this industry hasn't changed in 400 years
So yeah call me dumb but I saw the risk v reward accurately weighed it out and thought it was a good decision. It will be an even better one this summer when I can cash out (and believe me my calendar is marked
), and if all goes sour so be it, I am prepared for this too.
