As I had shared in a recent post. September has been a historically bloody month for Crypto.
The prices aren’t always going up.
Yes, prices can go down 10-20% in a week, the same way they can go up 10-20% in a week.
You have to be in this game for the long term if you really want to keep your sanity, otherwise you are just gambling with inherent risk in volatility. Which is okay, doesn’t mean that you cant make the right bet sometimes, but theres a higher likelihood of exposing yourself to extreme risk which will always partially coincide with reward.
This is all part of the course. Have an approach, stick to your rules.
One other piece to take a look at for further education which I will provide the link for Coinbase’s CEO Brian Armstrong’s recent thread on the experience dealing with the SEC, for us all to see what companies in the space are up against.
1/ Some really sketchy behavior coming out of the SEC recently.
— Brian Armstrong (@brian_armstrong) September 8, 2021
Onward and Upward