Crypto has taken a beating this week! If your like me you really just don’t care because you have seen this trick before. I have used this drop as a buying opportunity and added tokens to a few of my positions. It can be easy to get caught up in the negative main stream media when it comes to cryptos and seriously doubt your investment. I have been fooled off my positions twice before in the past and I can guarantee it won’t happen to me again, especially at these prices.
Cryptocurrency is here to stay friends. If the government really wanted it gone they have has many chances to try and kill it but they never have. Sure they talk bad about crypto but, when it was running the talking heads on TV showed more excitement than a Broncos blowout against the Chiefs. The truth is, big money men are now in this space and lots of manipulation is in the future forecast of Cryptocurrency. The big boys are buying and have been since the MT Gox trustees sold BTC on two different occasions, they just buy in the dark pools off market while they talk about how bad of an investment this is.
Don’t be a fool, the tide will turn and it will most likely turn quick when it flips. Hold your crypto and never get tempted to sell in a panic, this currency is the future and the power elites were most likely the people who started it in the first place. If you need money....go to work......crypto sold today is only getting in the hands of whales who will control you forever if you let them.
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Hodl, Hodl, Hodl, and if at all possible , buy, buy, buy. We all new that crypto was going to take big hits along the way to being widely accepted. The talking heads talk out of both sides of their mouth. If you don't believe this simple truth, all you have to do is look at the original stance that Jamie Diamond took on crypto. To him, not too long ago, crypto was nothing more than a Ponzie scheme. Fraud is his mantra as he hopes to drive down the price as he has investors scoop up bitcoin at reduced prices. As you say do not be fooled, crypto is here to stay.
Now whether or not his words influenced this price movement or not, the fact is that JP Morgan’s clients bought Bitcoin during this most recent dip. You can look at this in a number of different ways, but what stands out to me most is this: Everyone wants to make some money, these giant corporations, their clients and the government especially wants to make money. The government just prints it, and JP Morgan will happily invest their clients in a cryptocurrency that the CEO had just announced to be a fraud.
https://medium.com/@blockchainchick/the-truth-about-jamie-dimon-jp-morgan-bitcoin-730b07496d9d
So let's get this straight. JPMorgan plead guilty for manipulating the price of the U.S. dollar. Now, he publicly trashes another currency, a digital currency (Bitcoin) that subsequently set the market down (now starting to regain momentum back up due to the public starting to realize what's going on.) And also said that it could reach as high as $100,000, which was only mentioned later by news sites and is helping it go back up.
https://www.cnbc.com
Upon further investigation, I found out that JPMorgan itself had filed (over 175 times) for a "Bitcoin-Alternative" patent. It did not get the patent.
Who is the FRAUD?
I would like to get one minute alone with this dirt bag, and wipe that smirk right off of his face.
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I just keep buying and buying more and more... steem and bitcoin will set me free I know it
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Further dips to come people, get that spare change ready!!
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we've been calling this market as well as the Dow-Jones and the metals right on the nose for months...take a look..steem .468..and still not ready for more than a bounce...and that's after more than a 95 % decline...
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Waiting for market rise n i wish it soon.
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Crypto market price is decreasing day by day that is very harmful for our.
I don't understand why it's
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I bought but also believe we could see some even more opportunities to buy. I do not like venturing away from the big buys that will be in each of the index funds as they eventually are created.
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I hope it goes even lower so i can buy more
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you want it to go lower? than it is now? woah.....
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I keep buying more and more and the next time crypto goes parabolic it will blow our minds just like it has the previous times. Monero at $1000 type stuff! People think I'm a savage that needs to be caged because they keep seeing me going in. But my Ledger is so full I walk with a limp!
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this news is not very pleasant hopefully have a good rise as soon as possible I think we want it all
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The whales again give signal but holders panicked whales know how to play this game in a smart way
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Everyone wants bitcoin and steem price going up soon as soon.Waiting for good time.
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What do you think will happen with Satoshis twitters?
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when i started steem was at 1$, then there was a huge pump, and now its in 50cents. i would be okay if the price stays up 1 or 1.5$.... and i really hope it goes up soon.....
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Thanks man. I needed this voice of reason.
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As always, good things come to those who wait. HODL and sooner or later you will be glad that you did. :)
Posted using Partiko Android
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I pass the same I have lived these experiences where prices fall and people are frightened because they do not investigate enough, but it is as you say if you know how to take advantage of this situation to invest you can take many benefits
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Present time is heart breaker for all investor but it will change I know...it will rise..
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@broncnutz am I to OLD if I say that Selling Now is a Big Mistake for those that Live Their Lives In Fear ?? I was a Stock Broker for over 27 Years and what we are seeing right now is just like you said Classic in the Way the Big Boys get the little People to let go of their chips.........
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Yes, I am also patient because here is a slow and torture game.
I hope everyone understands it.
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This is true, am hodling tight to whatever coins I have got.
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So I get more excited about reading the post above, what is your prediction about the price of steem late or earlier this year?
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In my opinion, BTC would have a strong growth. Always, the amount of currency grows when buyers are tired
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This was a great read. I have been thinking a lot about crypto and the markets lately in general. The dollar is surely fucked that's 100%. What replaces it will be in my belief a mix between cryptos and precious metals. I have been buying small amounts at these prices to and do believe when it does turn it will be the most massive transfer of wealth the world has and will ever see. Thanks again for your great posts.
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I agree, but the transfer of wealth .... the smart wealthy people are already into crypto, will only get richer ... but for some of us bottomfeeders, we can not invest as much as we should like, or can barely invest any $$$ into crypto ... well, the small money investors, they have An opportunity and could get a better life.
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Los fraudes abundan, es cierto, pero creo que es necesario siempre tener como esa malicia de poder discernir qué conviene o no. El cryptoworld tiende a ser un cumulo de miles de trampas. En este tipo de sistema financiero existen mas caídas que bonanzas. Solo hay que tener buen ojo financiero.
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this news can not make us happy, on the contrary we have to fight and work so that it goes in scale and so we would all be satisfied, we have to pray that it will be faster than later
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Its a torture to see it plumet like that...
I'm only concerned with BTC/LTC/ETH/STEEM
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Buy the dip!
That picture of the fat cat smoking the sugar pretty much sums it up.
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