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RE: How I made 566% gains by investing in ICOs
Isn’t this paper money?
When I started to be interested in stocks I started with paper money, I made thousands and thousands of paper dollars. When I decided to use my real money in 2009 I lost my entire portfolio. I had to pump in money every month. Did you get the point?
Definitely you are right, This is absolutely paper money, but you can use them unlike stocks. Crypto works like this, for example steemit, you need steem to use steemit to promote something. So even if the platform goes down you can still use steem.
And if you think about it, whats not paper money? Even real estate is paper money, if no one is willing to pay the price you ask, you are stuck with the property.
But to avoid major catastrophe always cahs out the initial investment. It solves all your problem