What a week in the cryptocurrency markets. Normally folks would say "can we do a reset? “, I say, can we please continue to educate.
Fear, Uncertainty, and Doubt. (FUD) Those were the jist of the headlines making news from Cointelegraph to CNBC.
Have you not heard that" Korea is banning the use of Bitcoins?"" MyEtherWallet gets Hacked "
These were some of the headlines that turned the fickle market of new investors and made them sell off their coins.
But today is a new day, and the deceitful essence of those statements are now being made public. There was no ban. Not even a sniff. There was no hack. Oops!
Understand folks, that cryptocurrency is disruptive to our current financial system. So those willing to maintain their elite position in society, fears the liberation this technology offers. And what better way to keep control than to cause dispair and anxiety to feed on insecurities and cause panic.
The truth shall set you free: Google search the changed position of J. P. Morgan, or Warren Buffet's recent acknowledgement of Bitcoin and blockchain technology, and even Goldman Sach's declaration that adds validity to this new financial space.
Want to really know who profited this week? Those who bought coins during the dip in prices.
We already started to see recovery.
My advice is to cleave to those who know and ask questions. Don't give in to the FUD. 
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
With every temporal correction, the crypto market shakes out the weak hands while strengthening the committed ones.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit