Daily: Irrational Fear ??

in #bitcoin7 years ago

Cryptocurrencies are now being called a bubble, Ponzi scheme and ecological disaster. With prices in a free fall, here are some positives about cryptocurrency and why I believe it's going to fundamentally change the world.

Reddit analysis of SEC and CTFC Senate talks:

China FUD:
https://cointelegraph.com/news/bitcoin-dips-below-7k-amidst-news-of-chinas-full-ban-of-cryptocurrency-exchanges

Projects I talked about:
https://bitcoin.org/en/
https://www.ethereum.org/
https://www.vechain.com/
https://www.decred.org/
https://enjincoin.io/

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why people spreading FUD? USDT being suspicious is not a news... it was long known that its fishy.

I am PUMPED! Very Happy for this correction to finally get big money in.

Decisions? decisions...?
I hate selling my mining stocks that are down for more cash.
I bought $100k worth of LTC all the way down:
AT $275/$225/$178/$140/$110
Trying to ladder buy another $10k at $80 / $15k at $65 / $25k at $50
If it goes below $35? I am in for another $50K

Thanks for the pep talk. Sounds like you been it hard and still keep getting up.

Aha how can you be bored with so much craziness all around?! These are exciting uncertain times indeed

Happy crypto winter!
Let's build a snowman!
snow.png

Or let's indulge in animal-based technical analysis:
technical_analysis_contest_small.png

Hey @boxmining, could this be correlated to the yesterday's stock market crash? I think this might be a prelude to the next financial crisis, which is being foretold for some time now and with symptoms like this coming out right now, people will probably get more cautious with investing in general.

http://time.com/money/5132906/stock-market-crashing-what-to-do/

be greedy when others are fearful ;)

Great video thanks for sharing your story.

There are alot of very new people in crypto, those are the ones who are "scared".

Anyone who has been in this space for more than a year should not be scared as this should have been expected at some point.

you are my boy blue, you are mah boi

sometimes i feel happy. sometimes sad .. hahahah
the pain of playing bitcoin!3-peringatan-sebelum-anda-belajar-trading-forex-280688-29667.jpeg

Oh man I am so bored of this crypto winter too!

yes its buying time with best and easy to take profit btc ripple dash eth and yes steemit

Thats is not at all

This generations people have very short attention span. They make 1 day feel like eternity. When you invested in crypto market did you invest to sell the next day or as an investment for long term benefit.

Some of the lazy investors might be freaking out and end up in dumping it out all the assets they posses,though early investors still hope full that it may rise.
You said it right it the fall starts boring thanks to some media channels.you seems to be old wine of crypto world though.hehe
Followed you.

A lot of it is "irrational" fear that then turns into legitimate fear. If your house catches on fire, until the fire is out and your family is safe, you're going to be concerned.

The worries about the market have started a dangerous fire. I believe it will all play out for the better, but it's still scary in the market right now.

This crash to crazy lol. wanted to buy more but was like nah let's just be patient and wait it out for another month or so til things settle back to normal.

Thanks for the pep talk !!! good