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Don't compare your gains to that of others

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by COINS NEWS 217 Views

It's not healthy. And even if you turn a profit, it will still not make you happy.

Yes, there are some people who bought 100 bitcoin for a $1 ten years ago, but that doesn't mean you should feel embarrassed for not doing so.

Whether you can afford to invest $5 or $5000, it is irrelevant to everyone else. The gains you make will be significant to you, because the investment you made was significant to you. Even if you can only afford to dip your toes in the water with a $100 write-off, that's actually the ideal strategy. it will give you the time to focus on saving more for a future investment, but also allow you to see the effects of long term holding.

submitted by /u/gnarley_quinn
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