10 years ago
7
Confession: I Could Have Made $128 Grand in Bitcoin But Lost $1,500.
Well that’s life…. Easy come, easy go. If the money’s easy to make, it’s easy to lose. This is NOT another “do / do not invest in Bitcoin article”. This is a story of the things I learned while losing money in bitcoin so you don’t make the same mistakes I did.
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http://www.chrisnorstrom.com
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Great read, thanks for sharing. Bitcoin is extremely volatile, its unproven, and extremely risky. Be prepared to loose your investment.
Bitcoin is obviously proving there is a market for a digital and decentralized currency - I'm waiting to see if anything will replace it that is more secure and easier for the layman to adopt. That's what I'll be investing in.
Agreed! With all the articles going around about people making a fortune with bitcoin, it's nice to read about the very real risks of inverting in something so volatile.
The worst is those $10 million dollar pizzas from 3 years back. I can't imagine how that guy must feel.
Its almost the same thing as the stock market, except a lot less stable.
For some the huge risk became a huge reward
Yeah tell me about it.