3 Lessons from the 1800's Gold Rush.

Since always people who pursue a dream in the hope of becoming very rich and millionaires, for example when gold was discovered in American rivers began to accelerate the search for wealth and was called gold fever. where thousands of enthusiasts left their cities and countries of origin to pursue a dream of wealth, now in the 21st century is another wealth rush but not for a gold mine, but rather for the so-called digital gold, but from that gold rush of the 1800's we have 3 things to learn that can teach us not to be like the thousands of immigrants who ended up bankrupt or died trying.

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*Go with the flow

By the end of 1850, San Francisco had a population of 300,000 people looking for the precious mineral, but as history shows there were more losers than winners, as the vast majority of enthusiasts ended up dying of disease or bankruptcy.

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In this day and age we see many people desperately buying bitcoin in the hope of becoming millionaires, and these large masses of buyers can be taken advantage of by scammers and thieves, or they can also end up disillusioned because the price can drop abruptly overnight. that's why if you are going to make investments with bitcoin or other crypto currency it is necessary that you investigate first and consult with the experts to make decisions, remember that things change very quickly, and by this I don't mean that you shouldn't invest in crypto, because the truth is that if it is very profitable just do it carefully so you don't get hurt.

Abandon everything

Many of the gold rush enthusiasts sold or left everything they owned, such as businesses, houses, land or family, to go to the United States in search of gold, and that was a fatal mistake because when they ran out of money and didn't get any gold, they had no way to get back and no place to go in their homeland.

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Sadly the same thing is happening right now, some people are selling everything or borrowing to buy bitcoin in the hope that their money will quadruple soon, but although it is not ruled out that this may happen if it doesn't, we will see many people upset and speaking ill of bitcoin and that crypto currencies are a tool of Satan. So remember that investing in crypto is a risky investment, you are not assured that your money will multiply so invest carefully.

Don't be patient

There is a saying that goes: **Patience is a virtue" and in the case of those gold diggers in the 1800's it was something that they lacked, because some, not finding anything the first few months and seeing their money go like water, decided to abandon the search and return.

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At this time, there are people who buy bitcoin and when they see that the price doesn't go up or that it goes down by 4% they get desperate and sell what they have so as not to lose too much, but hours later a billionaire buys bitcoin and the price triples and all those who desperately sold bitcoin regret it and say that crypto is not for everyone.

In conclusion, do not get carried away by the excitement or because everyone is buying and you must also be careful, do not sell quickly everything you have but be careful to invest only what you risk losing or what you consider appropriate and finally do not despair if the price does not rise, but be patient that at this time is that the price of bitcoin and other currencies will begin to take off.