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RE: Bitconnect: 3 important investing lessons from the HYPE 💰

in #cryptocurrency7 years ago

Great first post. Told us quite a bit about you without writing about you.

It feels a bit like 1999 prior to the dot com crash. Funny thing people were not talking then about ponzi schemes even though the term was invented years before. Lots of half baked ideas with a dot com name skimming people's cash.

I am not a big believer in diversifying but I do agree one has to diversify the risky and unproven assets in a portfolio. I have done that with my coins (STEEM aside that is which is somewhat concentrated)

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Thanks for the comment!

It's pretty crazy how history repeats itself. I remember back when I first got convinced with my first "MLM", they always focused on being the next "hype thing".

Being the high schooler I was, I didn't want to miss out. But you know, I think you grow wiser as you get older.

That's why I have a lot of respect for older investors (like you) and definitely agree with your view on "over diversifying".

Hopefully I can get a bunch of STEEM as well using this platform. 😂

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