My opinion on the price of Bitcoin and other crypto - You really do not understand?

in #bitcoin6 years ago

The basis of every transaction is cheap to buy, expensive to sell.
Each transaction has the same rules.
Not everyone follows the rules.
Many of you are emotionally approaching cryptocurrencies. You use many forms of information, which means that you do not know what to choose.
I will tell - HODL! Why?

It is simple. Bitcoin is an independent form of payment and will reach a high price because no one can control the currency.
The stock market is played by thick fish that manipulate the course and force you to sell coins.
By looking at how the course loses, your emotions take over.
The mind comes to a conclusion. At the end, you sell coins at a loss, and the fish are happy to buy fish, that they bought at the price they wanted.

For me, every market works the same.
You give wrong information and you always criticize things that serve something good than power.
Any negative information causes a decline because demand decreases.
The important thing is to stay calm and always invest as much as you can lose.
Forbid all forums and telegrams. Everyone will tell you their opinions there. You will make the wrong decisions at the end.

The same applies to ICO projects.
As you have already invested in it in the long term. Do not look at the course.
If the project collapses, nothing happened. You're looking for a better one. You're more focused on finding the right information.

Remember that cryptocurrencies are not for everyone.

Good luck!