It hasn't been that long to be fair, just the 5th of August we were at level where it was about 50k, even under 50k slightly understandable but that doesn't mean that we are going to end up staying there and that's exactly what happened, by 9th or 10th we are above 60k already, that's a huge return, nearly 20% return, and it is not even an entire week, it took like less than a week, like a business week lol.
And that is why I kept saying people to keep on buying, because I knew that this would happen and of course it was exactly how I imagined it would be, without an issue. I know that we can't be always right, I am not always right and I had many mistakes in the past but when it's about having this type of drops, that makes it a little harder to be wrong and that's why I feel like I am not doing any justice by saying that any time it drops that's going to be a hard situation for it to not come back, it always comes back and that's what it did.
We just need to see this, if you ever doubt then we are going to end up with something much better and just remember this one next time something like this happens so that you would know that it will recover, and have a lot more confidence holding it.
Topic: Cryptocurrencies fall sharply - page 2. (Read 765 times)
Bitcoin and ETH fell very sharply, making many traders feel heartbroken, especially for young people, this is a natural thing that happens every year when Bitcoin has reached a new ATH, the market will definitely fall completely before the bullish market revives. If we are a trader who has experienced a situation like this, we will continue to maintain it in the long term without panicking about falling prices. In most market situations that continue to weaken, it's time to save some of the top altcoins while waiting for the altoin season to arrive.
When the waves come to shove, it's natural for people with low spirits to get their bags out of their deals, missing the flow of smart money and getting the profits in the process. An experienced trader wouldn't be like that and use the situations ahead to his advantage.
~~
That was a good swing, but I still think we may see something that we had recently one more time before going into full "To the Moon" mode. BTC falling to $40-45k because of the news or manipulations from smart money, and then pumping.
Hmm, right we'll be seen one more time. I mean, there are high possibilities that before going to the Bull cycle Bitcoin will flip one more time because for up side movement Bitcoin needs a healthy correction. So looking forward to the movement I am just really sure that Bitcoin will dump one more time before starting up the Bull rally.That was a good swing, but I still think we may see something that we had recently one more time before going into full "To the Moon" mode. BTC falling to $40-45k because of the news or manipulations from smart money, and then pumping.
Now the thing is that nobody knows how much Bitcoin will dump, we can only speculate. But there is one point in my mind, and that is that Bitcoin makes unexpected movement every time, That is, the majority of people think that Bitcoin can go up to 45k, but I believe that Bitcoin will make unexpected movement, it will just fall to 50k, and After that the bull run rally will start. That is, people will think that Bitcoin will go down further, but Bitcoin can change its way of tracking and start a rally from 50k. But this is my opinion, you can disagree.
DYOR !
What collapsed was Bitcoin and all cryptocurrencies continued to collapse due to the impact of Bitcoin. Ethereum performed poorly compared to BTC and USDT and wiped out all the gains of the ETF. The support lines are at 2300 and 2100, if Bitcoin drops further then the problem will be.
Good thing price recovered and the overall situation becoming better, fear and greed index is improving too, if it were to hold around $49k then it's gonna be big dump but since BTC closes above $60k then we're far from that threat.
Having the mindset of "oh look a terrible day for the markets, how wonderful for me!"
yes it works wonder especially if we know how to go against the current market psychology, when trying to invest it's always our own emotion that holds back, becoming so fearful whenever the market is dumping thinking as if market is doomed, but see right now the price recovered back to $60k++ the people who go against the flow and buy at the bottom are already making so much money if they invested heavily.
That was a good swing, but I still think we may see something that we had recently one more time before going into full "To the Moon" mode. BTC falling to $40-45k because of the news or manipulations from smart money, and then pumping.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
What collapsed was Bitcoin and all cryptocurrencies continued to collapse due to the impact of Bitcoin. Ethereum performed poorly compared to BTC and USDT and wiped out all the gains of the ETF. The support lines are at 2300 and 2100, if Bitcoin drops further then the problem will be.
Good thing price recovered and the overall situation becoming better, fear and greed index is improving too, if it were to hold around $49k then it's gonna be big dump but since BTC closes above $60k then we're far from that threat.
Having the mindset of "oh look a terrible day for the markets, how wonderful for me!"
yes it works wonder especially if we know how to go against the current market psychology, when trying to invest it's always our own emotion that holds back, becoming so fearful whenever the market is dumping thinking as if market is doomed, but see right now the price recovered back to $60k++ the people who go against the flow and buy at the bottom are already making so much money if they invested heavily.
If you are just that new then better get used to it. Why? This is always been the main thing that could happen into this unpredictable market on which sentiments,news,events like this could really happen in a snap on which it could really neither be making some sharp decline in price or would really be making up some moonshot. This is why it would really be that important that you should really know on what market is really that you are dealing on with, so that on the moment that it would make out some nasty declines, you wont really be making yourself panicking and freaking out as if its the end of the market. lol. Usually people do make out some cut loses on the time or moment that they are really that becoming impulsive. This is why its important that you are really that prepared on whatever the things that you are really that dealing or getting involved with. This is why its important that you should really be get prepared on the things you do tend to engaged.
Me myself - I don't panic at all, as I use the money I am willing to spend. Also, I don't regret my actions in the slightest. Yes, I had funds before the dip and news, I've seen some red, but it's totally fine, as it's part of the process. Big hands are waiting for people with weak nerves or minds to sell their bags because soon enough their portfolios will look less and less beautiful. I will stick to my plan, wait out the storm, and come out victorious, as we all should.
There's no way that you could really assure that you could make profits on the next cycle or movements on where everything would really be basing up on how well you do make yourself
having that kind of approach on things specially in moving prices. It isnt really that too easy when you do make neither buying or selling decision. If we do speak about falling price sharply
then it could really happen anytime and just like the rest been saying that you should have some allocated funds or saved up money for you to buyback on the moment that it would happen.
People who do have that experience towards this market will really be having that kind of main thinking on the moment that they are seeing buying opportunities rather than making
themselves panic and would be able to do such non recommended things to be done.
If you are the type of trader that is using very low leverage, it is better you go long for now. Even if the market will later start to dump again, there will still be some time that the price will increase. But it would be wise to just go long and leave it for awhile. Also you can DCA which is better. I mean if the market fall more, you can continue to buy more of ether.
Thanks for sharing your thoughts! Going long with low leverage can be a solid strategy, especially if you're in it for the long haul. Dollar-cost averaging (DCA) is a great approach to mitigate risk in a volatile market. Just remember to stay informed and stick to your risk management plan!Cryptocurrencies are known for these, they can fall at anytime and also rises at anytime, the more reasons why they are volatile, this is one of the first things for a newbie to know about bitcoin, because they will have an idea of what to face along the line when they have invested and the market is falling, there wont be cause for alarm because they were aware before hand, because the markets still have the same ability of rising high at anytime.
Patience is key, and a bit of red shouldn't discourage anybody from keeping the same course you've got in mind, especially with BTC, in my opinion.
Cryptocurrencies are known for these, they can fall at anytime and also rises at anytime, the more reasons why they are volatile, this is one of the first things for a newbie to know about bitcoin, because they will have an idea of what to face along the line when they have invested and the market is falling, there wont be cause for alarm because they were aware before hand, because the markets still have the same ability of rising high at anytime.
You're absolutely right—understanding the volatility of cryptocurrencies like Bitcoin is crucial for any new investor. It's important to be aware that the market can experience significant ups and downs, sometimes in a short period. However, with this knowledge, investors can better manage their expectations and stay calm during market fluctuations, knowing that the potential for recovery and growth is always there. Patience and a long-term perspective can go a long way in navigating the crypto space.Reaching to a point where you find this ordinary is not entertaining but just the reality. Falls happen in every market, it's very common and part of the world we live in and we need to just accept that.
I understand that we may look like we are talking about something that may not be possible and you think that you didn't expected it to go down this much and all that, but the reality is that it always has that possibility, it may always go down and we just need to accept that. If you do that, then you are going to be fine and you will not face any issues, the important part is to accept the fact that it will fall sharply when you least expect it.
How could you be fine with that information? After all "it may fall any moment" is scary, so what makes us veterans more calm? Simple, we just know that while it may fall out of nowhere, we also know that we are going to see it go up sharply eventually as well, the recovery will not be that difficult. That is why we do not care about these downs, because we know ups are on their way and coming. If you realize that and see that, just by even looking at historical chart, then you will realize that 10-20% falls are nothing, very common and easily recovered from.
It's true that market falls can be unsettling, but they’re a natural part of the cycle. What keeps seasoned investors calm is the understanding that while dips happen, recoveries often follow. The key is to stay focused on the long-term picture and not let short-term volatility shake your confidence. If you look at historical trends, you'll see that markets tend to bounce back, making those 10-20% drops just part of the journey. Keep a steady mindset, and remember that the ups are on their way too.I understand that we may look like we are talking about something that may not be possible and you think that you didn't expected it to go down this much and all that, but the reality is that it always has that possibility, it may always go down and we just need to accept that. If you do that, then you are going to be fine and you will not face any issues, the important part is to accept the fact that it will fall sharply when you least expect it.
How could you be fine with that information? After all "it may fall any moment" is scary, so what makes us veterans more calm? Simple, we just know that while it may fall out of nowhere, we also know that we are going to see it go up sharply eventually as well, the recovery will not be that difficult. That is why we do not care about these downs, because we know ups are on their way and coming. If you realize that and see that, just by even looking at historical chart, then you will realize that 10-20% falls are nothing, very common and easily recovered from.
You're absolutely right—altcoins do tend to follow Bitcoin's lead, and the recent market movements highlight the importance of not making decisions based on emotion. Panic selling during a dip can often lead to unnecessary losses. It's crucial to focus on the long-term potential of your investments, especially in altcoins with strong fundamentals. By choosing coins with real value and potential, you're more likely to see recovery and profit, even after market downturns. Always do your research and invest wisely!
You're spot on that Bitcoin's price heavily influences the altcoin market. While many altcoins will likely follow Bitcoin's lead, it's crucial to be selective in your investments. Some altcoins may never recover if they lack solid fundamentals. Diversification and careful research are key to avoiding potential losses. Always invest wisely and be prepared for market volatility.
Me myself - I don't panic at all, as I use the money I am willing to spend. Also, I don't regret my actions in the slightest. Yes, I had funds before the dip and news, I've seen some red, but it's totally fine, as it's part of the process. Big hands are waiting for people with weak nerves or minds to sell their bags because soon enough their portfolios will look less and less beautiful. I will stick to my plan, wait out the storm, and come out victorious, as we all should.
Cryptocurrencies are known for these, they can fall at anytime and also rises at anytime, the more reasons why they are volatile, this is one of the first things for a newbie to know about bitcoin, because they will have an idea of what to face along the line when they have invested and the market is falling, there wont be cause for alarm because they were aware before hand, because the markets still have the same ability of rising high at anytime.
Patience is key, and a bit of red shouldn't discourage anybody from keeping the same course you've got in mind, especially with BTC, in my opinion.
Cryptocurrencies are known for these, they can fall at anytime and also rises at anytime, the more reasons why they are volatile, this is one of the first things for a newbie to know about bitcoin, because they will have an idea of what to face along the line when they have invested and the market is falling, there wont be cause for alarm because they were aware before hand, because the markets still have the same ability of rising high at anytime.
Reaching to a point where you find this ordinary is not entertaining but just the reality. Falls happen in every market, it's very common and part of the world we live in and we need to just accept that.
I understand that we may look like we are talking about something that may not be possible and you think that you didn't expected it to go down this much and all that, but the reality is that it always has that possibility, it may always go down and we just need to accept that. If you do that, then you are going to be fine and you will not face any issues, the important part is to accept the fact that it will fall sharply when you least expect it.
How could you be fine with that information? After all "it may fall any moment" is scary, so what makes us veterans more calm? Simple, we just know that while it may fall out of nowhere, we also know that we are going to see it go up sharply eventually as well, the recovery will not be that difficult. That is why we do not care about these downs, because we know ups are on their way and coming. If you realize that and see that, just by even looking at historical chart, then you will realize that 10-20% falls are nothing, very common and easily recovered from.
I understand that we may look like we are talking about something that may not be possible and you think that you didn't expected it to go down this much and all that, but the reality is that it always has that possibility, it may always go down and we just need to accept that. If you do that, then you are going to be fine and you will not face any issues, the important part is to accept the fact that it will fall sharply when you least expect it.
How could you be fine with that information? After all "it may fall any moment" is scary, so what makes us veterans more calm? Simple, we just know that while it may fall out of nowhere, we also know that we are going to see it go up sharply eventually as well, the recovery will not be that difficult. That is why we do not care about these downs, because we know ups are on their way and coming. If you realize that and see that, just by even looking at historical chart, then you will realize that 10-20% falls are nothing, very common and easily recovered from.
You have to realize that we are going to have some financial days like this, we can't just let that decide anything about our investments. Warren Buffet, one of the richest man in the world, spend billions buying up banks after 2008 crash.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Yeah, we also have many events to come that can affect the market (geopolitical, economical like we've seen already, others), so, let's use these possibilities! The time is essential, I would say we will see green in, 3-4 months, if there won't be any other event that would make the market shaking like that report about US job market
Me myself - I don't panic at all, as I use the money I am willing to spend. Also, I don't regret my actions in the slightest. Yes, I had funds before the dip and news, I've seen some red, but it's totally fine, as it's part of the process. Big hands are waiting for people with weak nerves or minds to sell their bags because soon enough their portfolios will look less and less beautiful. I will stick to my plan, wait out the storm, and come out victorious, as we all should.
People do usually make up those short term projects when it comes into their holdings on which on the time that they are seeing some decline then they would gonna tend to cut lose as if it was nothing.
You wont really be able to make yourself sustain into this market if you would really be having this kind of behavior. This is why it would really be survival of the fittest and if you arent that good
when it comes to emotional aspect then you wont really be able to survive or sustain. This is why being versatile would really be that crucial.
Thanks for the tips! Yes, having a bit of cash in case there is a good opportunity to grab more positions is nice and worth considering, I may agree. Those who are frightened by the volatility of the market won't be able to see the sun through the clouds that are gathering upon us.
You have to realize that we are going to have some financial days like this, we can't just let that decide anything about our investments. Warren Buffet, one of the richest man in the world, spend billions buying up banks after 2008 crash.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Yeah, we also have many events to come that can affect the market (geopolitical, economical like we've seen already, others), so, let's use these possibilities! The time is essential, I would say we will see green in, 3-4 months, if there won't be any other event that would make the market shaking like that report about US job market
Me myself - I don't panic at all, as I use the money I am willing to spend. Also, I don't regret my actions in the slightest. Yes, I had funds before the dip and news, I've seen some red, but it's totally fine, as it's part of the process. Big hands are waiting for people with weak nerves or minds to sell their bags because soon enough their portfolios will look less and less beautiful. I will stick to my plan, wait out the storm, and come out victorious, as we all should.
People do usually make up those short term projects when it comes into their holdings on which on the time that they are seeing some decline then they would gonna tend to cut lose as if it was nothing.
You wont really be able to make yourself sustain into this market if you would really be having this kind of behavior. This is why it would really be survival of the fittest and if you arent that good
when it comes to emotional aspect then you wont really be able to survive or sustain. This is why being versatile would really be that crucial.
>:(After waking up, ETH fell 20%All altcoins are currently experiencing a crash, the main reason being that the price of Bitcoin (BTC) fell by more than 10%. The altcoins that experienced the worst decline were Lido DAO (LDO) & Chainlink (LINK), they even gained more than 20%. This is a normal cycle in crypto, so don't worry, you can go where you like at the moment, or do activities you like to avoid looking at market conditions
.Altcoins will only pump if bitcoin pumps but there are some altcoins that might not recover amd will crash because they don't have the potential. Invest wisely so that you don't wake up one morning and see your portfolio value in zero.
So always emphasize on the thing that really gives you recovery as well as profit margins even after dumping. Never add this coin to the portfolio which cannot be recovered even from a small dump.
You have to realize that we are going to have some financial days like this, we can't just let that decide anything about our investments. Warren Buffet, one of the richest man in the world, spend billions buying up banks after 2008 crash.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Yeah, we also have many events to come that can affect the market (geopolitical, economical like we've seen already, others), so, let's use these possibilities! The time is essential, I would say we will see green in, 3-4 months, if there won't be any other event that would make the market shaking like that report about US job market
Me myself - I don't panic at all, as I use the money I am willing to spend. Also, I don't regret my actions in the slightest. Yes, I had funds before the dip and news, I've seen some red, but it's totally fine, as it's part of the process. Big hands are waiting for people with weak nerves or minds to sell their bags because soon enough their portfolios will look less and less beautiful. I will stick to my plan, wait out the storm, and come out victorious, as we all should.
>:(After waking up, ETH fell 20%All altcoins are currently experiencing a crash, the main reason being that the price of Bitcoin (BTC) fell by more than 10%. The altcoins that experienced the worst decline were Lido DAO (LDO) & Chainlink (LINK), they even gained more than 20%. This is a normal cycle in crypto, so don't worry, you can go where you like at the moment, or do activities you like to avoid looking at market conditions
.Altcoins will only pump if bitcoin pumps but there are some altcoins that might not recover amd will crash because they don't have the potential. Invest wisely so that you don't wake up one morning and see your portfolio value in zero.
>:(After waking up, ETH fell 20%.Now it's time for checking all related things carefully because this is not going to stay as long things can take change, and we can expect good increase even this can take time with mostly are expected we will be back in 3 to 4 months so it's important to keep calm and keep eye on all related material for time being for having good outcome of this situation.
Having the mindset of "oh look a terrible day for the markets, how wonderful for me!" is the thing that makes people richer. I mean if you could just consider this possibility as something you can profit, then you are going to end up with something much better and we all know that it is going to be a great situation for all of us, because it means that if we buy right now, we can sell right back when it goes back up, and 55k right now looks like it's such an ordinary price.
I agree that we were here just recently, so to say that this will be very hard, isn't that true because it should be quite easy to make money this way. I am sensing that it will take a while but it will happen quite easily as well, shouldn't be anything more than just keep holding.
I agree that we were here just recently, so to say that this will be very hard, isn't that true because it should be quite easy to make money this way. I am sensing that it will take a while but it will happen quite easily as well, shouldn't be anything more than just keep holding.
You have to realize that we are going to have some financial days like this, we can't just let that decide anything about our investments. Warren Buffet, one of the richest man in the world, spend billions buying up banks after 2008 crash.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Yeah, we also have many events to come that can affect the market (geopolitical, economical like we've seen already, others), so, let's use these possibilities! The time is essential, I would say we will see green in, 3-4 months, if there won't be any other event that would make the market shaking like that report about US job market
You have to realize that we are going to have some financial days like this, we can't just let that decide anything about our investments. Warren Buffet, one of the richest man in the world, spend billions buying up banks after 2008 crash.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Yeah, we also have many events to come that can affect the market (geopolitical, economical like we've seen already, others), so, let's use these possibilities! The time is essential, I would say we will see green in, 3-4 months, if there won't be any other event that would make the market shaking like that report about US job market
You have to realize that we are going to have some financial days like this, we can't just let that decide anything about our investments. Warren Buffet, one of the richest man in the world, spend billions buying up banks after 2008 crash.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Because he knew that it would recover and he wanted to make more profit, and you know what happened? They recovered and he made a killing off that. This dude is not some rich dude who wants more, he just donates it to charity whenever it gets too high, dude literally donated 99% of his wealth to charity after his death, his kids would still have hundreds of millions of dollars and already got whatever they want so far as well, so he is not doing it to just get richer, he is doing it because he knows how to.
This is that exact moment, things crashed but started to recover right now, yes that was bad to look at but if you keep on investing right now, then you are going to accumulate more for a great target eventually, you just need some time and also bitcoin and ethereum kind of fundamentally strong coins alone.
Jump to: