In the crypto space today, it is important you surround yourself with people that think alike and have investments in crypto currencies.
We have a lot of people who don’t know jack about crypto currencies or how their behavioral pattern overtime but they always comment and they seem to always have an opinion immediately they think, that things are going downwards.
Crypto currencies especially bitcoin hit mainstream basically because of the pump in price in the last three months prior the massive correction we are seeing now. This development brought about the spread of information about crypto currencies in general. This has also led to people voicing their opinion about the subject matter. It important to note that someone who is not a player in the industry does not have right to comment on what he knows nothing about. However their comments don’t hold water.
As a player in the industry I always surround myself with sound people. Who are not only voicing their opinion about the market but they are players in the industry and market enthusiast who love what we have and seek for its progress and maintenance.
Some notable figures in our society have commented on crypto currency some say it’s a bubble that will burst soon, some say it is highly risky, some say it is a fraud. Other figures also have appreciated the technology and what it stands for and how it seeks to advance human life by transcending the boundaries of government regulations and restrictions.
NOOB (New investors )
It is important as a new player in the market, you must understand that the market is highly volatile. Your portfolio or crypto holdings can increase and decrease massively in matter of days weeks or months. You must understand that cryptos behave in certain way. Several factors can affect price positively and negatively. You must be highly skillful to profit. You must invest in projects that will stand the test of time. Also understand that from time to time your portfolio will a pass through times of decline. Enter market with a clear perspective don’t be too emotional. You must make decisions objectively and you have to adjust to new developments. Always risk what you can afford to lose.
CRYPTO LOVERS ENTHUSIAST & INVESTORS
There is good news the SEC meeting ended on a positive note basically the meeting was not against crypto currencies but it sought seek ways how it could be regulated against fraud and un due manipulations. I think ICOs will find it a bit difficult in coming weeks. Except a bull run soon. Other cryptos like ripple have fostered great partnerships several with companies despite the decline. Clear your doubts crypto currencies are not crashing they only bending against the impotent wind of the past. YOU ONLY LOSE WHEN YOU SELL #HODL.
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