Hey guys, just wanted to write this because a lot of the people who've just gotten into crypto are feeling complacent. The moment capitulation sets in, is when we are about to burst out into the next bull run. This should be no surprise to anyone that has been in the market for over a year. However, this is just a friendly reminder that we are about to have our next run-up.
Also, if you've just gotten into the market, don't listen to the news you hear in the mainstream. There is this Bitcoin Obituary website for a reason: https://99bitcoins.com/bitcoinobituaries/
Currently, Bitcoin has died 269 times. Just imagine if you had listened to the mainstream media and sold-off when they had recommended. If only I had a dollar for how many times I heard Bitcoin was a bubble or that it was going to crash to Zero.
Once again, just a friendly reminder mainly to the folks that just got into this amazing market. Remember, you want to buy when there's blood on the streets, not the opposite. I see people constantly buying a crypto when it pumps. Why is that?
You would think that after history repeating itself many times, that people would catch on to the trends, oh well. For any of us that have been in crypto for a while, most of us have learned how the markets work. We also know which information to read, and which information to rule-out as FUD.
Remember, this is a transformation of wealth from the impatient to the patient. We all have to learn from our experiences. Some of us will learn more quickly and will be rewarded handsomly for doing so. And others will learn more slowly and will start to blame the market for their losses instead of themselves. I hope y'all have been enjoying this dip as much as I have!