Investors who don’t know the market cycle, are far from fundamental analysis. They only invest money and want to win immediately. Those who do not have patience become a bait for whales. It all depends on your patience and where you invest in and in what.
Dan held shared a joke which maxis will probably enjoy:
“Nurse: Sir, you have been in Coma. Its 2025.
Me: How many dollars per Bitcoin?
Nurse: What is a dollar? Your Bill is 0.0000000031”
Darth Cryptor: “Wait… wat?? 31 centoshis!? So you’re telling me it only cost 3 dimitoshis and a pentoshi to cover my bill? Or, should I say 1 quartoshi, 1 nikolatoshi, and a pentoshi? But that’s all!? Holy shitoshi, Batman!”
If you understand what bitcoin actually is then you won’t have any problem with buying more and holding your portfolio like it’s a baby.
For as long as bitcoin is concerned most of them come for speculation and those who stay are here for sound money.
Cameron Winklevoss: The markets always get it right in the long run. Be patient and HODL.
Experienced Retailors: Why do billionaires tell retail poor to hold? It’s like they don’t think your smart enough to sell at 50-60k and rebuy at 20k.
The reality is maybe? That is why it’s called a “correction” all the red trend lines are so painful. In the long run the money learns from investing in the wrong places and corrects into the right ones. Re allocation and concentration into the right sectors and stocks. Focus!
Clarity reads like: I love holding but I have realized that you have to sell high and buy low later.
If “getting it right” means resetting valuations, then there is going to be some massive averaging down on some of these former high-flyers.
The reality is that HOLD does not guarantee anything. When the price is comfortable it is only prudent to enjoy some gains. Sometimes “The markets getting it right” means an eventual zero value of an asset.
The narratives for Bitcoin are changing and so are the new issues cropping up. And, some technologies claim to be better than PoW. And, recently IMF has been pressuring countries like Argentina to “discourage the use of crypto-currencies” as a quid pro quo for receiving a loan. Funding kleptocracies and preventing their citizens from buying Bitcoin to protect themselves from raging inflation is highly immoral.
Regulators and big guys are stepping into control. They continue to want us to carry debts so that they can have control to manipulate personal economy.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
Get the latest Crypto & Blockchain News in your inbox.
