Getting excited about bitcoin & crypto, in general, can be a very tricky business. You see cryptocurrencies with Bitcoin as a leading one, are a form of investment. Sure it might seem like a very risky form of investment, but for those who know what they are doing, Bitcoin and other leading altcoins can make them a fortune and they already have.

The tricky part and the main reason why most average Joes and even Janes end up losing their money lies in the fact that most laymen invest at a bad time. Since the cryptocurrency world highly fluctuates, timing plays an ultra-important role.

The moment when the general public normally hears about the crypto is typically too late for investing. You see, the hype that leads to people getting excited about Bitcoin & crypto in general is usually a consequence of some ultra-positive performance that already occurred. This means that Bitcoin or any altcoin already made a huge gain. Investing at that moment is probably not a great idea.

This is what happened back in 2017. Most of the general public that decided to jump in on “the crypto opportunity” invested their money after bitcoin already made 300% gain. As such, most of those people ended up losing their money. However, if they kept their investment in place, known as HODL, then they are likely to make a profit in the long run.

Those of you who want to make more money, I’d suggest getting excited before the hype. For instance, now would be a great time to invest in Bitcoin and some main altcoins.

Now there is no hype about the crypto and the prices are reasonably low. There is always a possibility for the prices to drop further down, however, if you plan on ever investing in crypto, it is way smarter to buy it now, that to wait on the next media and general public boom when the prices will be much higher than they currently are.

I can’t stress this enough, that the following suggestion is completely based on my personal opinion, my own research, and my own knowledge on the subject.

I suggest anyone, who has some EXTRA money ready for investments to take a part of it and put in the cryptocurrency right now. Use 60% of that part to buy Bitcoin, use 20% to buy Litecoin, and 20% to buy Ripple. Once you hear that the media is talking about how everyone is buying bitcoin, sell all of it. Wait for a huge drop, and repeat. You can ride this train until the cryptocurrencies become regulated, which might happen in the next 2 years or in the next 10 years. No one knows. Do this and THANK ME LATER.

Note: Invest only money that you are prepared to lose in crypto. Potential gains are huge, which also raises the level of risk, as these two always go hand in hand.

I hope my words and advice find you well and bring you a fortune. And if not, well the ride itself is always fun and full of thrills.