During the crypto crisis/crash last year, a friend in the community sold his car and invested in some cryptocurrencies. He calls himself a risk taker and believes in investing after calculating risks.
However, within 5-8 months after he sold his car and invested in some cryptocurrencies, the projects he bought plummeted by 78%, and some of the meme coins he bought turned out to be scams and frauds.
See here!
No matter how people explain it, we think this is a very dangerous, bad and unwise financial decision.
Don't sell your car to buy any cryptocurrencies!
Don't sell your house to buy any cryptocurrencies!
Don't sell your assets, land, or other physical assets for cryptocurrencies, no matter how many times that project wants to increase in the future, you will always find other opportunities in this field.
We have repeatedly emphasized, but let us say it again, the beauty of cryptocurrencies is that it brings endless opportunities.
If you missed Bitcoin, you can invest in Ethereum (ETH).
If you missed Ethereum, you can invest in Solana ($SOL).
If you missed Ethereum, you can also invest in Binance Coin ($BNB).
You can sell your property to invest in a cryptocurrency and lose everything in just 2-3 days.
Remember, LUNC crashed from over 100 to $0.1.
If someone sold their possessions to buy LUNC at 80-110, they would have lost almost everything today.
LUNC is now trading at $0.0001.
Don’t make that mistake.
Don’t let FOMO get to you.
Don’t let anyone cheat you.
