Most people will end up losing money when investing in BTC.

With the market down about 20% from its highs, a lot of people on this site are freaking out. But if you've been in BTC long enough, you know this downturn is nothing compared to past crashes. If you can't handle the volatility, you're going to lose money.

Before investing life-changing money, put in the work to truly understand what BTC is. I started investing back in 2006 with simple S&P 500 index funds. One of the best lessons I learned from those early years is that most people don’t capture the full 10.2% ROI from the S&P 500 because they panic-sell during downturns and only buy back when the market is doing well.

Some of my best investments were buying during the 2007/08 financial crisis and getting into BTC in 2016. There have been some wild rollercoasters along the way, but that's part of the game.

That’s why I believe most people shouldn’t invest in BTC until they truly understand it. And when the market is down, the best move is to buy as much as you can stomach and hold for years. If you’re just looking to get rich quick, chances are you’ll end up losing money on BTC.