- Mar 30, 2018
- 12,094
- 14,359
In the past few days I’m seeing misleading information about btc every where and though to share my perspective
1) the bitcoin community never labels few 1000$ fall as a crash, it’s the media who terms it as a crash. Rather many will invest more, or simply hold on to their coins. Don’t fall for click bait headlines and sell your coins.
2) why 2017 will not happen anytime soon, because last time it was FOMO, hype and the Asian country India had canceled their currency which suddenly shot up bitcoins much faster then they we’re supposed to go
3) what happened in 2018 - 2020 people kept believing those levels would come but no one realised the Fomo was gone, and people had sold their coins and it was going to be A long term wait.
4) what’s changed now is if you can’t beat them, you adopt them. Big corporations tried their best to destabilise bitcoin community, but more they tried more it became popular and thus they decided to adopt it.
5) why you should buy every dip because changes are it may shoot up, and not come down for a while.
6) why I no longer fear it’ll crash badly or even if it crashes it’ll recover swiftly because big players are now openly dictating it, which means they’ll be under scrutiny if they mess up and that’s why it’s time to buy on dips and hodl
7) last but most importan advice only invest your surplus income, the returns are fantastic but so are thr losses when they hit and you need to sell in case of urgent cash.
1) the bitcoin community never labels few 1000$ fall as a crash, it’s the media who terms it as a crash. Rather many will invest more, or simply hold on to their coins. Don’t fall for click bait headlines and sell your coins.
2) why 2017 will not happen anytime soon, because last time it was FOMO, hype and the Asian country India had canceled their currency which suddenly shot up bitcoins much faster then they we’re supposed to go
3) what happened in 2018 - 2020 people kept believing those levels would come but no one realised the Fomo was gone, and people had sold their coins and it was going to be A long term wait.
4) what’s changed now is if you can’t beat them, you adopt them. Big corporations tried their best to destabilise bitcoin community, but more they tried more it became popular and thus they decided to adopt it.
5) why you should buy every dip because changes are it may shoot up, and not come down for a while.
6) why I no longer fear it’ll crash badly or even if it crashes it’ll recover swiftly because big players are now openly dictating it, which means they’ll be under scrutiny if they mess up and that’s why it’s time to buy on dips and hodl
7) last but most importan advice only invest your surplus income, the returns are fantastic but so are thr losses when they hit and you need to sell in case of urgent cash.