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RE: Looming Crypto 'Civil War' Sends Virtual Currencies Crashing, Ethereum Below $200
I say it all the time, invest only what you can afford to lose and in fact, you really should think in terms of ten years.
TEN YEARS BABY!!
i totally agree ...I feel that i am strong to hold only because the money i have invested in the cryptocurrencies is money that I don't need in order to survive - I am not willing to lose it but i am ready to wait a bit to recover it ...actually in these days and today - i have invested even more in the cryptocurrencies that have lost a lot in my portfolio - this way I will brake even and will be "in the money" even faster
Given that the last few days have been an absolute blood bath with cryptocurrency world, I don't think many people can even think 1 year ahead let alone 10 years.
If only we could fast-forward and have a glimpse at how cryptocurrencies hold up against fiat currencies. I'm a firm believer that it will, but there will definitely be much more volatility to come in the coming months.
Great post @Zer0Hedge