If you can handle your portfolio swinging up and down in a day at values that exceed what you earn in a month, then you're doing it right.

Crypto is super volatile, we can all agree on that. Even Bitcoin, the King of crypto, has days that the S&P would faint at, both good and bad. ​ Before you start dropping stacks of cash into your crypto of choice, really come to terms with the insane volatility of the market. Can you stomach your portfolio dropping $5k in a day? What would you do if it went up $6k overnight? What if your portfolio went parabolic and you earned an entire year's salary in a month? What if the next day it corrected and you were right back where you started? ​ Personally, I think this market still has a ways to go. However, regardless of where and when the market moves, make sure you have a plan before investing a single dollar, euro, peso, or bolívar. Get yourself a strong stomach before getting any crypto. submitted by /u/Nickanator8 [link] [comments]