History only repeats itself
I remember when bitcoin's ETF got rejected and the price went down by $200. People literally thought that was it for bitcoin yet a month later it went over $2000. Right now people are having thoughts of selling their cryptocurrency while it's at a low price which contradicts the very reason they bought them.
Something that proved thought was a conversation between a ranch owner and newcomer in a episode of fear the walking dead. The ranch owner said something along the lines of people seeing what's going on as a disaster and he saw it as a opportunity.
The way we should see it is like products at discount for a limited time. We often hear simple quotes like "buy low and sell high" and most people in fact do the opposite due to fear or greed.
Having multiple income streams can give you much more mental fortitude in cryptocurrency investing/trading as you don't fully depend on it.
Be disciplined by living by the quotes.
While people were talking about whether ethereum is worth investing in due to it's drop...I just bought more and already made profit.
the ole' rule - Buy when it's low - sell when it is high - if one is nervous. HODL
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I just posted an article to not panic or sell. No worries, just buy and hold
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Nice article, just read it now and glad others like you are giving people good advice.
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Thank You. We will all make lots of wealth in just the next 24 months if we hang in there and do not panic
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I agree completely! Be disciplined by living by the quotes is a great motto.
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