Scary World of Crypto

in #bitcoin6 years ago

A scary realization is beginning to dawn on me.
I realize that crypto is dangerous or a word worse than dangerous that is yet to be coined.
Ironic.
Crypto is dangerous.
Abstain if you can, proceed with the utmost caution if you must.
The valuations here are all illusory and what's scariest is that if your bags are filled with anything other than Bitcoin #btc ...I really wish you the best.
Thought there was hope in 'utility' tokens but alas deeper thought, perhaps provoked by this sea of red in crypto right now, keeps revealing that there's no long term hope in 'utility' tokens. There's virtually nothing keeping any 'utility' tokens from retracing back to its primary value = 0.
If there's any respite, any hope for the weary crypto investor, it's this...get as much bitcoin as you can!
Yet, the refrain remains "Crypto is dangerous."

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