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RE: OMG what happens with BTC? I hate to being right!

in #crypto7 years ago

Hey Steemit.vlog. I have just had breakfast and logged on (I am in Tonga). After checking in with Binance I popped over to Steemit to see what people have been saying. I quite agree with you it will shortly be time to go shopping. I have not been into crypto for very long, but I am probably older that the average newbie and therefore I potentially have a slightly more balanced viewpoint as I have been kicking around longer and have seem many stages of economic woe (recessions in the 70's, dot com and property market crashes etc.) . When I went to bed last night it was not will fear that the market was tanking and everything was over, but rather as you said this is a natural correction (even if it was stimulated by consecutive rounds of FUD). I do feel for those who have, through exuberance and FOMO, dived in and bought when things were at a high but I do feel that if they hold tight and stay in then in the long run everything will work out for them. People who have just recently paid more than current prices need to find consolation that they are at least now in the market; that they are still early adopters and that the party, in real terms is only just beginning. I also agree that if your frame of thought is such that you are invested for the long term growth of the blockchain space then your perception of risk is very much reduced. I do think that a lot of people are to focused on the short term fiscal aspects of the space rather than on the development of the blockchain ecosystem. Anyway I suppose only time will tell. Thanks for your post. Cheers J

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Hi J, thanks a lot for your very interesting comment! I agree with you in all points. Only time will show us! Very nice written, even better than my Post 😂😂😂 Thank you very much. Wish you a great day!

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Your wish just made my day a bit better, thanks for your contribution, Cheers J

Your welcome 😄