I am living in a delusional world

No one can say for sure what will happen, most here already have taken risks and most here have seen gains, some crazier than others. The ones who have, to date, made crazy gains invested at a much lower price point and so now are not as subjected to risk as that of those who face entering for the first time at this level. I purchased a small amount of Bitcoin in 2012, I saw the mad rush for $1242 one year later, a lot of people jumping on board and subsequently burned only for Bitcoin to fall to 200, where it stayed and slowly climbed again, only recently rocketing to where it is now. I had always hoped that it would reach these dizzying heights and despite having quiet confidence that it would, I could never have been sure. I reluctantly talked about it with friends without wanting to promote it too hard for fear of them getting involved and getting stung by a wipe out. I heard about Ethereum in 2015 and bought some on the very first day that it became available for trading on Kraken, I am very risk averse and so I cut my teeth, cautiously trading pennies back and forth. I have been around this space for 5 years now, there is nothing to say the whole thing won't fail but it is reaching wider adoption, the process for attaining exposure is becoming easier and news articles in mainstream media blow my mind considering how far we have come. Ethereum and Bitcoin prices have far exceeded my expectations and I have no idea where they could possibly go from here. If the technology fulfils what it aspires to then I would imagine, given the current market cap in comparison to tech giants in the world today then I would summise that there is room for growth. I am invested, I intend to remain invested and I am hopeful for the future. I have been very careful to be as honest as I can and my advice to you, as would many of the decent folk in here would be is to only invest what you can afford to lose. I think on that basis, as a stranger on the internet who wishes you well, that an amount that you are comfortable with losing if it all goes to shit, might be worth a punt! Good luck!

/r/ethtrader Thread Parent