LOL...if u have been in crypto for more than 3 years, you learn to laugh as you watch this...
Those that have followed @intelliguy for a long time have seen this same post, and this same image before.
This is what I posted on September 24, 2017:
Ok, so, most of us have watched Bitcoin hover around $4,000, it had a high of $4800 on Sep 1/2017...
We all saw it, and then:
Everyone said: BITCOIN TO THE MOON. IT WILL HIT $5,000 -- IT IS GOING TO HAPPEN!
What happened? Bitcoin is only worth $3700 from a high of $4800
Now... THINK for a moment. We were wondering "just 3 months ago" whether or not Bitcoin was going to surpass $5000
...and we saw it hit $16000 reaching for $18000 in only 3 short months.
People wonder about the price of Bitcoin TODAY vs 3 days ago.
No one pays attention to what Bitcoin was worth 3 months ago.
....and want to know what? I do... and I post about it every single time.
- Sep 2016 Bitcoin: $596 USD
- Sep 2017 Bitcoin: $3700 USD
- Dec 2017 Bitcoin: $13,000 USD
Looking at that... are you worried? Is Bitcoin a good buy?
The numbers speak for themselves.
How to witness this:
Go here: https://www.coindesk.com/price/
Look at ugly chart of Bitcoin dropping.
Click the 3m grey button
Hover your mouse around. See how Sep 2017 it was $4184 USD/bitcoin.
See again how Dec 7, 2017 it was $16,858 ?
What does that tell you?
Bitcoin is PUMPED and then its DUMPED, especially every 3 months
Why?
There is a lot of money to be made in the deliberate volatility of Bitcoin by wealthy traders who can collude and make and break the markets at will.
So what does that mean for an investor of Bitcoin?
BUY LOW. HOLD. SELL HIGH.
Don't buy panic. Don't sell panic.
It's panic time. What do you do?
Eventually there will probably be a big crash but I don't think it's coming anytime soon and I don't think it'll be permanent.
Personally, I'm ok either way, I started out with zero and now I have $1000 worth of steem and a chance to diversify a little bit movi forward, just in case something goes up a hundredfold. It would have been nice to diversify much earlier but I can't complain either!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I doubt that it will be a "crash." As you add, it will not be permanent, therefore if and when it happens, it will most likely only be a "major correction." Bitcoin has had them before, and it will have them again. That's to be expected.
If there was ever an investment (besides precious metals) that was a buy-and-hold deal, cryptocurrencies and bitcoin in particular are it.
As for its being called a bubble, I recently read where an astute observer stated ...
"Bitcoin is not a bubble. It's the pin." :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is a brilliant quote! I hope it comes to pass!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
(replying to myself)
YES!
How soon we forget. If you look at bitcoin price every single day (like most of us do), we see the climb in price, but we don't look at long term charts. On the internet 3 months is a very very longtime
Let's put things into real perspective. Huge holders of USD will play this game with all of you.. and all of you (ok, most of you) buy into it.
Bitcoin can be inflated and deflated in price because of your 3 month temporary insanity of price.
...please upvote this comment where I reply to myself, so it helps keep it above. it's free extra info for the post. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yep! Everything related to finance/stocks have their up and down cycles. Pull backs and corrections are healthy for longer term growth and stability. Always good to hear calm, rational voices in irrational times. :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
😎 @steempowerpics
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@intelliguy thanks for the advice! :) It's definitely going up and yeah it does take some practice to get used to those ups and downs.. :)
Like also being patient when prices are going up, waiting for dips sometimes takes a long time! :) (well, relative).
Good shoutout! :) Happy to have discovered your profile btw! :)
Thank you!
btw, recently did the post about top cryptoexperts to follow and you are one of the featured people there ;) - 40 Best Blockchain Influencers & Cryptocurrency Experts To Follow in 2018 (On SteemIt Too) - http://bit.ly/2AdNCn0
//note:upvoted comment ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha !😂😂😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
meep
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
meep back !! Long time no see @ionlysaymeep !!LOL! 👀👀👀👀
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
meep
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha great post @intelliguy ! Well explained and so true !! Simply : "Buy low / Hold / Sell High !" I love it !! And I really like you little don't be worried graph . LOL , I wish I could afford to buy some myself ! Right now im hoping for steem to go up , as I try making more steem for selling my steem dollars as I slowly get them from post payouts ! LOL! Upped and resteemed !👌👍✌💲💲💲💰💰💰💰💰💰💰💰
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks very much Karen. Upvoted you too :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesomeness ! Thanks for the upvote , and following both accounts ! 👌✌👍😀
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I know the time I start buying up this monster .....it's gonna crash like hell.....so. @intelliguy ...don't force me to buy one of these else world is gonna curse you the next moment... 😊😊😊😊
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I know your joking. But listen. If you bought in at $4,000/BTC and sold at $15,000/BTC considering it was only 3 months ago of holding... there is no need to curse me.
I warned all of you this 3 months ago, and very few paid attention to my post.
Here's a new secret. By this time, spring 2018, you may see Bitcoin go to $25,000. It's going to ramp up again, just like it always has.... at least this time you will see it coming.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha your comment made me LOL @aaqib11b 😂😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
just a swing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Explain?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
price for them always goes up and down
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What do I do?
I sell all my SBD when it is just about to get pumped is what I do!
doh!
Having totally screwed that up, I think I'll just sit this one out and let it go where it will. Bitcoin will go down a bit and then up some more...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
just a swing
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This topic will forever come up when you talk to people who can’t comprehend bitcoin . I’ve been buying and selling bitcoin since 2010 there’s a lot of money to be made for most of us if we stay confident in what got us here in the first place . When they start trying to manipulate the price with futures trading that will be the first of many tests coming to the bitcoin community . As long as bitcoin is back by our confidence it cannot be stopped ! Thanks for your valuable content!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hold, is the only possible answer, I guess?
How about other cryptos? I'm new to cryptocurrencies, and I'm not on steemit because of a crypto-enthusiast background, and I must say bitcoin's exorbitant fees leave me scratching my head. It seems to me bitcoin's value is simply the recognizability/familiarity factor, and that it was here first.
What do you think? Is it possible investing in some other currency is more sensible right now?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm gonna buy and hold,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Think about what I said...
Spring 2018, we'll see Bitcoin hit $25,000 again. You're right. Quick money can be made the way you said. Long-term money will be made in Bitcoin if you realize the market makers are going to pump Bitcoin again to new highs.... they have done this and will keep doing it.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i think after bitcoin reaches its full potential..... people will start shifting to low cap alt coins and i think they will go fr currencies like dash zcash other than developer platform currencies making these cuurencies gud long term
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Scarcer supply for a better designed coin, you dont have too look further than for instance Zcoin or Diamond coins. Zcoin is good but its already in top 50 coin. DMD is one of the few true sleeping giants left. Coinmarketcap Diamond coins, do some research, and youll see what i mean. Best regards Dr DMD
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Whether it is a pump and dump, which is most likely correct, or just a normal profit taking, either way, this is normal for BTC. Why does anyone worry. The ebb and flow of markets mandate that nothing goes straight up. Nevertheless, when there is a pullback in BTC, after it reverses, it tends to be strong.
Plus the pullbacks seem to only last a few days. Overall, this is normal behavior for BTC.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm not buying any bitcoin i'd rather buy steem
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Perfect timing, I'm finally about to take the leap and start buying!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good job...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi there, @intelliguy Great advice. Especially for the newbie. We are from The Curator. (A post style magazine on Steemit) We do curating for informative, creative, entertaining, yet undervalued posts. We love your fantastic post. And we feel that it is undervalued. We would like to share it in our magazine. But first, we would like to ask for your permission to add your post to our next issue, With a picture from your post. That we will use as a thumbnail, We will share a portion of the post gifts. With the posts that we share in the upcoming issue. If you agree to this. Please let us know below this comment. At your earliest convenience.
Thank you. PostHuntress, @the-curator
And keep on Steeming your knowliedge filled posts.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I figured it was pump and dump!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
its hard to do exchange...too many choices ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congrats this post was randomly resteemed & upvoted by @superbot - the Best Resteem bot on Planet !
Good Luck!
Follow for 10 minutes ,
Send 0.100 Steem/Steem Dollar and the URL in the memo that you want resteemed and upvoted.
So don't waste any time ! Get More Followers and gain more Visibility With Superbot .
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Dude still no one can predict in this world what will happen.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Cant wait to read all the media posts claiming bitcoins 'bubble' has burst (for the 100th time) when it is just having a much needed correction for healthy growth.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm just wondering if people will be so enthralled with Bitcoins price, that they'll forget about other cryptocurrencies. If Bitcoin crashed for whatever reason, like you're predicting, wouldn't it be assumed that another cryptocurrency would more or less take its place? People said mining for bitcoin wasn't lucrative back in the day, and I'm sure people who stuck with it would now disagree. Is it even worth mining other cryptocurrencies?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
When Bitcoin goes down, other coins follow it. Just look at coinmarketcap.com and see how the whole page goes red all at the same time.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
BUY LOW. HOLD. SELL HIGH.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Simple good advice
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If one day bitcoin price get crushed, I wonder how many people of the world will come to the street or how many people become mad. It is really a serious matter.. God please help us all......
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit