Scary times in Cryptocurrency! I am watching my investment, which at one point was worth four times what I put in, plummet... it has actually gone into freefall, and if it continues to do so, I will soon be showing a loss, rather than a profit.
The advice, with all investment, is to never invest more than you can afford to lose. Something I abided by... but I will still be gutted if I end up losing all that I invested.
I guess there will be a lot of scared investors bailing out now, which will only exacerbate the problem.
But, if we are lucky, there will be courageous ones who take advantage of this significant dip in prices and start investing again... which will see prices stabilise and eventually increase again.
If we are lucky!
If we are unlucky, then the show is well and truly over!
