Missed the Bitcoin Train?

If you didn't get into Bitcoin I'd hold off for a few weeks. Right now it's like trying to catch a falling knife.

This drop could go to $2,500/$3,000 range, which would be right in line with the past 85% drops it has experienced.

Cryptocurrencies are here to stay but that doesn't mean you can't lose your ass "dabbling" or "playing" in the market.

If you can't explain what Bitcoin or Rippl or Blockchain is to a 5th grader then don't invest.

If you can't explain what Bitcoin or Rippl or Blockchain is on the back of an envelope, then don't invest.

If you got in two months ago and are kicking yourself, don't.

Good judgement comes from experience and experience comes from bad judgement.

I'd probably hold on to whatever position you took and maybe even start adding to that position if Bitcoin drops below $5,000.

Either way, use that pain and frustration to help you focus on studying the market, the technology, and yourself.

Ask yourself what made you jump in.

Ask yourself if that's a good thing or a bad thing.

Ask yourself how you can harness that energy, that drive, that curiosity to grow moving forward.

Adolescents and the mediocre go hide in a corner and lick their wounds and make excuses when things don't go as planned.

Adults and those we read about in history books buy when there's blood in the streets...even when it's their own blood.

Now go sell something...and invest wisely.