Renewable enemies
I think some needed sanity and perspective is due at the moment. Why? Because many people are not understanding some very simple elements of who this whole crypto thing works, and maybe today is a good day for a short reminder.
So, here is the idea being put out there. "People are dumping their crypto, killing their bags and getting out the game, so to speak" - Well, that is kind of true, but what this doomsday analysis lacks is the second question, the one that is possibly more important than the first. "Who is buying up their bags?"
You see where I'm going with this, one can't exist without the other, and the whole idea that they are being sold into the ether or something, completely ignores how the actual markets work. Someone is buying, some people are setting up positions, and I will go as far as to say that new whales are being born.
Here is the deal, if you can't stomach it, no judgment from me, honestly. Nobody said hodling was easy, and I've certainly learned this the hard way myself. But, if you want out, get out, you are gonna be fine, yes, you might be angry some years down the road or you might be better off, who knows. But, we are coming down to the wire where only two types of people will remain.
The crazy ones, and the ones who truly see the long term game. If you are staying, choose a label, if you are leaving, I wish you the best.
Much love
@meno
Posted using Partiko Android
Good post, why would one get out now? It always bounces back and it always will. I'd be buying if I had more fiat!
Well said my friend! The markets are also highly irrational as emotion makes the decision for many participants. That means that price tends to overshoot their real value both to the upside (like BTC $20k) and to the downside as well. While nobody knows when it will all end, the reality is that there will be survivors and blockchain technology is not going anywhere!
Yes i am sure that some people buying now more and more. And i am sure this down period will be not takes long. But most of the people are not patience. They want it quickly or now. If they see something blocking they way to the sucess they stop or they go back instead of focusing on the goal.
This all crypto s goind down is made by some people. Just to buy it cheap than the price will go back or even higher. I just join the steemit few months ago but i know how the business how the market works. And the crypto is also same.
So those who wanna go let them go. There are millions and billions who will come later just need to wait.
If was easy everyone would be rich doing it
Posted using Partiko iOS
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I'm buying :)
I choose... I choose... both!
BOOM
Posted using Partiko Android
I have a feeling that big moves are gonna be made on the OTC market, and those are not gonna show up on coinmarketcap...
Strong hands are needed these days.
Posted using Partiko Android