//“Markets can remain irrational longer than you can remain solvent.”

“Markets can remain irrational longer than you can remain solvent.”

Don’t invest more than you’re willing to lose, seriously.That will be a different number to a lot of people. Me personally, I am young, and have extremely high hopes in various cryptos, some more than others. I am not all in, but I have enough invested where if it went away, yes, it would hurt quite a bit, but I wouldn’t be starving or out on the street. Because I see the upside as much higher, and worth the risk even of losing everything I’ve put into it.Your situation is different, and unique to everyone elses. You may be older with a family, you may be younger than me, but perhaps you graduate soon and need savings before moving out on your own. Perhaps you’re already retired with a large fund you don’t really need.This market has demonstrated itself to be exceptionally irrational. The most irrational market of all perhaps, and in both directions. If you’re in it for the long haul like me, I think the best thing is to just not even look at your portfolio. Maybe still read the news about it, but if you weren’t planning to sell any time soon anyway, the price shouldn’t be affecting your day to day emotions.

Don't invest more than you're willing to lose, seriously.

That will be a different number to a lot of people. Me personally, I am young, and have extremely high hopes in various cryptos, some more than others. I am not all in, but I have enough invested where if it went away, yes, it would hurt quite a bit, but I wouldn't be starving or out on the street. Because I see the upside as much higher, and worth the risk even of losing everything I've put into it.

Your situation is different, and unique to everyone elses. You may be older with a family, you may be younger than me, but perhaps you graduate soon and need savings before moving out on your own. Perhaps you're already retired with a large fund you don't really need.

This market has demonstrated itself to be exceptionally irrational. The most irrational market of all perhaps, and in both directions. If you're in it for the long haul like me, I think the best thing is to just not even look at your portfolio. Maybe still read the news about it, but if you weren't planning to sell any time soon anyway, the price shouldn't be affecting your day to day emotions.