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Crypto Is Not for the Faint of Heart

Crypto Is Not for the Faint of Heart

My Portfolio Has Had a 50% Gain and a 50% Loss

Alejandro Betancourt's avatar
Alejandro Betancourt
Feb 13, 2022
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Thinking Through It
Thinking Through It
Crypto Is Not for the Faint of Heart
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Photo by RODNAE Productions from Pexels

I must confess that when I first heard about Bitcoin and cryptocurrency, I immediately dismissed it as a scam and Ponzi scheme. I didn’t take it seriously. Boy, was I wrong!

There are fraudulent and Ponzi schemes in cryptocurrencies; this is not to say they don’t exist. However, the blockchain’s foundations and premises are considerably more sophisticated and essential for the global economy than I realized at first.

So, in the middle of the pandemic in 2020, I decided to follow my usual routine. I read and read everything I could about Bitcoin and cryptocurrency, which is why I invested in it.

I’m prepared to leave it there for the next ten years or so. I am also ready to risk everything. That’s how I see that you should invest in this market.

My cryptocurrency portfolio has experienced a 50% gain and a 50% loss

This is the level of volatility that the Crypto market has. The volatility was one of the things that scared me at first. I was unfamiliar w…

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