RE: THIS MARKET IS TURNING WHITEPAPERS INTO TOILET PAPER!

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THIS MARKET IS TURNING WHITEPAPERS INTO TOILET PAPER!

in cryptocurrency •  7 years ago 

a little perspective,
breathing room
Additionally, the last bear movement took about a month to shake out. we are less than two weeks out from our highest high. Have a little patience
:)

cryptocurrency
7 years ago by

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      ·  7 years ago 

    I appreciate your thoughts but beg to differ a bit...its not about current perspective or patience...its about historical perspective and patience...this market isn't an established stock market that has regular bull and bear markets which can last up to 10+ years...this is an unregulated market having many big players gunning for it any of which could destroy it with a stroke of the pen...this is the stock market or banking systems in the 1920's that tanked with millions of people losing everything....more recently...this could be like the mortgage derivative scandel that the world is still trying to recover from...

    Granted...I don't deny for a minute that blockchain won't be some kind of force in the world years out from now...but I have no such confidence that all the coins we are all currently investing in will still exist or have any kind of value as we've seen over the last few years...so I don't want to blindly assume that all good corrections come to an end...

    I'm in no hurry...but its obvious this new crypto world....especially a lot of the ICO's that have come out and are pushed out daily...have a lot of flaws...

    Meanwhile...I'm fully invested and hope as you say..."patience' pays off...

    Such is my perspective...

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      ·  7 years ago 

    My thoughts exactly. see my post 2 days ago https://steemit.com/bitcoin/@vitriol/bubble-or-correction

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        ·  7 years ago 

      Yes...I agree with your thoughts...thanks.

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