Thursday 1 March 2018

It's gonna take patience fellas. We must understand that.

The past 4-6 months were so ridiculous insane for Bitcoin. Some people jumped in thinking this market behavior was the norm, 3-5x... returns all day right?

Lets not forget that the vets and lambo pimps everyone is envious of hedl and increased positions though a drop from >1000 to like 4 or some super crazy shit like that (not gonna look up the actual numbers). To make the matters even worse, bitcoin froze around those lows for years! Fucking years dude! Years of "oh shit, wtf just happened to my money?" while today, most of us panic sell after 5 minutes of a drop.

Nonetheless, I don't think you can invest in anything better than bitcoin / crypto today unless you're in real estate or sell a startup or invent some super dope shit. I think Bitcoin will be at least 50k in the next 3-5 years; a 3-500% return, avg. 100%/year. Where else can you beat that? I've accepted that I won't get mega rich off Bitcoin and I'm stoked for the ladies and gents that did, but I also think it's the best current allocation of my money.

The timing of that Ver attack was incredible, as they slammed the market right when a massive influx of main street jumped in. The chain was spammed and fees inflated, making bitcoin almost static precisely as the volume of incoming cash to the crypto market was at its peak. That scared people, and in conjunction with Wall St. manipulation and FUD, here we are today.

It's going to take time ladies and gents. You will win, but you have to leave your money there for a while. Understand that you will only lose when you sell at a price lower than when you entered. Don't spend what you might need anytime soon cause thats what fucks most people; something shit happens and you need money now, taking a loss if the price is lower. Be patient fellas. I know it sucks, overnight millionaire would be awesome... But in time, we will all be stoked. The entire sector of Finance: how we exchange money, pay for things, and transact with each other every day will be evolved because of Bitcoin. Hang in there. We will be alright.

Good Luck. Moon.



Submitted March 01, 2018 at 08:36AM by BreezeMaster13 http://bit.ly/2COMVRG

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