Note This Before Buying Any Cryptocurrency

If you're going to start buying cryptocurrency, you should ask yourself this question. It's the most important question.

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Let's say you're putting $5,000 in a coin, you have to ask yourself, write it down if you have to.

Ask yourself if you are willing to throw away $5,000 right now?

This $5,000, if it was zero, how would that make me feel?

And you can actually scale that from 1 to 10 too. So if you lost this money and it's a 10 out of 10 pain, like you're gonna commit suicide, do not put that money in any crypto.

You should be at about a three to five, like a three would be the best, and here's why. These cryptocurrencies will drop 60% and pump 10,000. So the volatility is insane.

The emotional control that you have to have in cryptocurrency is insane.

Day trading and short-term trading typically doesn't work from what I've seen. It's usually long-term. So you have to have a lot of conviction in holding a very volatile asset.

So if this money means a lot to you, then your whole life will be volatile. Your mind will be volatile. Your work will be volatile. I mean, you'll be emotional, as emotional as the market.

So ask yourself this question before you buy.