Take cryptocurrency videos with a grain of salt.

Just looking at a few different cryptocurrency videos on YouTube today. There are a couple that have headlines that are similar to this one...

Get into Bitcoin now before it's too late! You may never be able to buy it at this price again!

Okay well at this point you should already know never to jump into something. Bitcoin is not sight unseen I know, but you should always keep your feet on the ground regardless.

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The truth is that just a few days ago I was seeing some videos that had had lines similar to this one...

This may not be the bottom! Don't invest now because the bottom may not yet be here!

You can see that those are completely opposite sentiments.

That's because nobody knows the future.

All of us have seen the charts, and all of us know that in 2015 something similar happened to what is happening with the regards to them. That could indicate we will go down a bit more before rebounding and truly taking off.

We might never have a super bullish run again too. It's possible we will just gradually climb up. Some would say that is healthiest, but I highly doubt it will happen.

The cryptocurrency world is volatile and as long as most of the people in the world aren't completely involved with cryptocurrency it will probably remain volatile.

That's kind of a good thing though. Volatile means there's lots of opportunity to make money. It means you can lose money too though if you are not careful. I know most of us have probably lost quite a bit over the past year-and-a-half.

That sucks but we are ready to start making it again, right?

Yes. I know that you are ready to start making money, and I know that I am ready to start making money. That doesn't mean we look before we leap, and that doesn't mean we take advice that we wouldn't also give to people.

Is this is the right time to invest? I think it is.

In fact, I've been advising people to invest using something like dollar cost averaging. Maybe $50 a week, or even $100 a week if you could afford that. I wouldn't put all my eggs in one basket though. We might shoot up to $20,000 within the next couple of weeks, we might shoot up to $5,000 or $6,000. We could even hit down to 2,000.

Nobody knows for sure.

Don't let anybody convince you otherwise.

Take cryptocurrency videos with a grain of salt.