I agree in the sense that you should never invest more than you are willing to lose but it seems from the article that I read, Tony Robins doesn't understand bitcoin and what it does. The blockchain has promise for the future globalized business world. Will some coins fall in the process? Of course! We are still so early on though that we haven't even reached everyday people in the markets yet. When that happens only then will we truly see the potential of the cryptocurrency markets.
This will also give opportunity for people to weed out all the coins that are copies or don't function as well as others do.
Your goal in entering the cryptocurrency market successfully is finding coins that will hold real value 5 years down the road. If you can't foresee it staying for +5 years then why are you invested in it? A lot of traders try to do quick flips, and this may work for many veterans who have experienced the volatile markets for years and understand how to read charts, but I see more and more people throwing their money into altcoins that are just getting pumped and dumped.
Find projects you believe in personally that way your not refreshing your portfolio every 2 minutes to see if any gains occurred. Getting obsessed with cryptocurrency is a double edge sword in which you can let it control your life or you control it. Buy coins you believe in but don't keep refreshing minute on minute because it is like a drug, you are trying to trigger a dopamine response and living your life based on how your portfolio is doing will only cause highs and lows in your own lifestyle.
Invest and have faith
RESTEEM AND UPVOTE
NEW CONTEST SOON!
I disagree with him. He is probably trying to deflate the price so he can jump on it. This platform connects people and allows individuals an economic opportunity that Vegas does not allow.
American capitalism is like Vegas.
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possibly! everyone has an agenda and he may be thinking strategically that if he says something to CNBC then he could cause a price drop just as Jamie Dimon did and then bought a ton of bitcoin.
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@tetsuo makes a good point. I am a fan of Mr. Robbins and have attended his live events. The thing about central figures of authority is that a decentralized system provoke a threat towards their power that hasn't been seen in all of our evolution as a species.
In Mr. Robbin's Book Unshakable, he discusses the importance of investing when the markets are low, so I wouldn't be surprised if, even at a subconscious level, he is deflating the market so he can reap its rewards. I love the man and have respect for him using his power to influence positive change and to help people. He made positive use of fiat currencies.
I also have worked with his coaches as well, and one of their strategy is to undervalue the listener first, to tell them they are broken and weak, thus creating a need that they can then fulfill through their services and products.
stay strong my friends and stay together.
love and peace
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Very good points! followed and upvoted for sure!
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same here
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nice
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