Home Bitcoin News Be Greedy When Others Are Fearful is the Bitcoin (BTC) Staking Mantra

Be Greedy When Others Are Fearful is the Bitcoin (BTC) Staking Mantra

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It is well known that investors are suggested to buy the dip.  However, the current scenario is like this:   Why buy at $36k when the market is crashing? Do some feel that you’ll be able to buy 2 BTC for $36k in a few weeks’ time?  Nobody knows if that will become a reality.  Some believe that you might be buying 0.5 Bitcoin for 36k in two weeks’ time.

Those who sell Bitcoin sell to lock in the loss and offset taxes and then buy back in again. Makes sense. However, many are like:  Why we’re dipping again, again and again.

Investment to the Moon = We are left with mouth wide open.  When investment under performing = We have our hands on the head.

Influencers are known as influencers because they know how to manipulate people’s emotions on a grand scale to their advantage.  Influencers are like:  Be Greedy When Others Are Fearful is the Bitcoin (BTC) Staking Mantra. You should not be fearful.

Many are wondering if Bitcoin is in the accumulation phase or the redistribution phase.  Many retailors believe that influencers paid for pushing this FUD. And OGs are holding. And, they are not ready to get bullied to selling the BTC.

The logic is that Influencers are trying to buy for a cheaper price, because many retailers panic sell.  There is no need to be a genius to understand this mechanism.  Those who know the fundamentals of Bitcoin well will know why to hold.  Bitcoin will never go to zero.  Also, government entities are exploring blockchain technology to improve security, transparency, and accountability.  It is good to learn more about Bitcoin and crypto and not be dismissive of it.

Many of them have been against Bitcoin since its emergence. Several scholars are against it. However, we can see Billionaires who were the naysayers to be supporting Bitcoin.  They are considering to see how they can become a part of the market.  Several businessmen skeptical at least 3 years back are finding reasons to be involved with the market now.  There is a change of mind in the market.

The struggle of investors trying to deal with Bitcoin is real. The market is volatile.

We well know the old saying by Buckminster Fuller: “You never change things by fighting the existing reality.  To change something, build a new model that makes the existing model obsolete.”

Bitcoin is a new model to store value, and this is one reason for why there is a lot of resistance to it from many people. When they exactly understand, it is going to be fine.

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dan saada

Dan hold a master of finance from the ISEG (France) , Dan is also a Fan of cryptocurrencies and mining. Send a tip to: 0x4C6D67705aF449f0C0102D4C7C693ad4A64926e9

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