Bitcoin is an innovative payment network and a new kind of money.

The best cryptocurrency to buy is one we are willing to hold onto even if it goes down. For example, I believe in Steem enough that I am willing to hold it even if it goes down 99% and would start buying more of it if the price dropped.

While profits are possible trading cryptocurrencies, so are losses. My first year involved me spending hundreds of hours trading Bitcoin with a result of losing over $5,000 with nothing to show for it. Simply trading digital currencies is very similar to gambling because no one really knows what is going to happen next although anyone can guess! While I was lucky to do nothing expect lose money when I started, the worst thing that can happen is to get lucky right away and get a big ego about what an amazing cryptocurrency trader we are.

Before Steem I was all in an another altcoin and really excited about it. When I first bought the price was low and made payments to me every week just for holding it. As I tried to participate in the community over the next several months, I was consistently met with a mix of excitement and hostility. When I began talking openly about this, the negative emotions won over in the community and in me. Originally I had invested and been happy to hold no matter what the price which quickly went up after I bought it.