Crypto is super volatile, we can all agree on that. Even Bitcoin, the King of crypto, has days that the S&P would faint at, both good and bad.
Before you start dropping stacks of cash into your crypto of choice, really come to terms with the insane volatility of the market. Can you stomach your portfolio dropping $5k in a day? What would you do if it went up $6k overnight? What if your portfolio went parabolic and you earned an entire year's salary in a month? What if the next day it corrected and you were right back where you started?
Personally, I think this market still has a ways to go. However, regardless of where and when the market moves, make sure you have a plan before investing a single dollar, euro, peso, or bolívar. Get yourself a strong stomach before getting any crypto.
submitted by /u/Nickanator8
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