Topic: SPRING AFTER THE WINTER - page 2. (Read 163 times)
Yup. BTC price is not that bad. I posted this because a lot of negative news and discussions about crypto is all over the internet.
Bitcoin went down to almost 6000 at the end of January 2018, the move that is happening now is not bad unless it goes below 6000.Then we will talk about crisis.But as long as it stays above 6000 we are forming a double bottom which means the reversal of the price is coming
Google search "why a double bottom is good"
While I'm reading Tony Robbins' great book Unshakeable, I decided to go to coinmarketcap and check the graphs. I noticed that there is another correction and when I went to this forum, I see posts about negative things in bitcoin. Well let me tell you something -- a part in the book that I'm reading.
"In 2009, blue chip companies' stocks went to pennies on the dollar. Citigroup sank to a low of 97 cents a share from $57 a share. You can literally own a piece of the company for less than it cost you to take money out of an ATM. But here's a kicker: winter is always followed by springtime, and sometimes the seasons turn much quicker than you'd ever guess. This 97-cent stick shot to $5 within five months, giving investors a 500% return."
All I can say is that when the market is very depressed, negativity from news, forums, discussions may arise. People really pulls out their investments as a reaction to its very low price but let me tell you this: Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. Winter will always be followed by spring, market will always be reversed irregardless of how long the bear market will last. Imagine if you pull out all of your cryptocurrencies and the market soon skyrocketed, you will miss LOT OF THINGS.
HODL my brothers, winter is here. Are you the one who's stuck outside, freezing in the bitter cold? Or do you want to be the one who's wrapped up warmly by the fire, toasting marshmallows?
"In 2009, blue chip companies' stocks went to pennies on the dollar. Citigroup sank to a low of 97 cents a share from $57 a share. You can literally own a piece of the company for less than it cost you to take money out of an ATM. But here's a kicker: winter is always followed by springtime, and sometimes the seasons turn much quicker than you'd ever guess. This 97-cent stick shot to $5 within five months, giving investors a 500% return."
All I can say is that when the market is very depressed, negativity from news, forums, discussions may arise. People really pulls out their investments as a reaction to its very low price but let me tell you this: Big time investors like Warren Buffet, treats bear market as an OPPORTUNITY. They buy while the market is in its very low value, equipping themselves for the future. Winter will always be followed by spring, market will always be reversed irregardless of how long the bear market will last. Imagine if you pull out all of your cryptocurrencies and the market soon skyrocketed, you will miss LOT OF THINGS.
HODL my brothers, winter is here. Are you the one who's stuck outside, freezing in the bitter cold? Or do you want to be the one who's wrapped up warmly by the fire, toasting marshmallows?
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