Everyone Please Be Careful

I get that it's exciting that we are hitting all time highs. Just note that every time bitcoin has exploded like this in the past there has been a MAJOR correction. Obviously what happens in the past won't necessarily happen in the future, but don't sell your house and throw it all into bitcoin assuming that mania will never end. It absolutely can. Don't put any money into bitcoin that would ruin you if it disappeared tomorrow.

Bitcoin is fun, bitcoin is amazing, it's a cool technology, and its potential is unquantifiable but it makes no promises on future gains, especially in the short term.

Submitted August 13, 2017 at 09:55AM by _risho_
via reddit http://bit.ly/2uBNhrm