"Invest only what you can afford to lose!"
I strongly discourage everyone who is thinking of putting all their life savings into cryptos. Sure the blockchain technology is revolutionizing and "maybe" in the next 5 years you could double/triple/quadruple your investment. However, the risk is just too much as cryptos are too volatile and the market is too unpredictable. You might end up losing all your hard-earned life savings for that "little" possibility of profit in the future.
If you can, invest only a "small" percent into crypto. Do not solely rely on it for your gateway to become a successful person. There are only a few people who succeeds on this field. Sure it could be you but it could also not be.
you are so damn right.
Rule #1:
"Invest only what you can afford to lose!"