Happy Monday!
Check out my #1 tip for getting past the tough times with Cryptocurrency!
Here is how you get through the tough times!
If you enjoy these videos would you please give this video a HUGE THUMBS UP!
Also, don't forget to SUBSCRIBE to our channel and follow me @joeparys
Thank you for all of your support!
HELP ME REACH 50,000 FOLLOWERS!
Steemit: https://steemit.com/@joeparys/
Facebook: (https://www.facebook.com/JoeParysAcad...)
Website: http://www.joeparys.com
Thank you for all of your support!
Sincerely,
@joeparys
▶️ DTube
▶️ IPFS
Don´t forget the real good news @joeparys:
With Bitcoin dropping a 1000US$ per day, this will go on max. 7 more days!
So it´s time to celebrate! 😉
The reason it's so hard for most people to understand Bitcoin is that most people don't really understand money. Money isn't wealth. It's an accounting system used to facilitate the exchange of wealth. (The paradox of money is that while everyone wants it, no one actually wants it - they want the stuff they can buy with it!) Many people are put off by the fact that Bitcoins are 'just data'. But that's what ALL money is, information! More precisely, money is a means for credibly conveying information about value given but not yet received (or at least not yet received in a form in which it can directly satisfy a person's wants or needs).
To put it yet another way, money is a ledger. With fiat currencies like the dollar, that ledger is centralized. And that gives the central authority responsible for maintaining that ledger tremendous power, power that history has proven will inevitably be abused. With Bitcoin, the ledger is decentralized. And that means that no one individual or entity has the power to arbitrarily create new units (thereby causing inflation), freeze (or seize) your account, or block a particular
payment from being processed. We've had decentralized money before. After all, no one can simply print new gold into existence. And the 'ledger' of gold is distributed because the physical gold itself (the 'accounting entries' in the metaphor) is distributed. But with gold, that decentralization comes at a heavy price (literally). The physical nature of gold makes it hugely inefficient for global transactions.
And this is why bitcoin is important! It is the first currency in the world that is both decentralized and digital. It is more reliably scarce than gold and more private and transactionally efficient than "modern" digital banking. This is why people are excited about bitcoin, it has the potential to be completely revolutionize money.
Yes!! This is very true @shahaan thank you for sharing and taking the time to write this comment! There is still much learning for many people (myself included) and the more knowledge we have the better decisions we can make moving forward :)
haha ... that means a lot.. i stand nowhere.. u ppl are my inspiration here.. i m just new here... n i m trying my best to get involved with everyone... Again thanx for such huge inspiration.
I'm committing this comment to memory. It is such a clear and concise way to explain Bitcoin, and the nature of money. Thank you!
If it was helpful... I m glad
Great explaination, I feel like I am having this conversation with more and more people. I might just read this to them the next time someone asks me about bitcoin! :)
Fantastic break down there Mr @shahaan👍 A vast majority is still unaware of the power of blockchain technology. A few stock analysts who know about bitcoin consider it either a pyramid scheme or simply a bubble which is crazy. Even stock market is a bubble that crashes after a bullish period but that doesn't means people stop trading stocks. In fact, when a market crashes, it's the time big players start stocking up for maximum gains in the long run. The same is happening with bitcoin and it's doing correction which was long overdue and we're already seeing "told you it's a bubble" sort of posts all over social media. But, the smart ones are silently placing their buy orders on different price levels for the long run. The most important thing to look at is the supply of bitcoin which makes it scarce (21 million hard cap) which will result into more demand in future and hence, more price increase. :)
Well said my friend! I couldn't have said it any better...
I reeeeeally really appreciated the way you explained that so clearly and succinctly!!!! Do you want to try to explain steem to me that way too! Hehehehe I'm looking for a very short and simple way to be able to convey the beauty of this site to others! I can explain it 85% of the way and get people very excited.... And then... They undoubtedly ask me something that I don't know completely...and I lose them! Lol
So many people say oh here is a great article... But it's way too long and complex!!! I'm looking for something that starts simple and STAYS simple and clear!
Wanna try @shahaan??? Hehehehe :)
Definitely saw this comment on YouTube a few months ago by someone else. Wont show any hate cause it is a valuable comment though and (had) definitely explained the crypto space a bit better for me
Actually I hope to see a headline by the end of the week that goes something like this:
"Wallstreet flights into crypto to hedge crashing stock market."
:-P
XD I wish
Best headline ever! I'll say an extra prayer...lol
Just hold do not sell just because everyone else is selling...
I agree with you
Don't forget to buy more on the dip.
What's up Joe! In my opinion, this is probably the best time to buy. Why would you want to buy at all time high? It's easier said than done though of course because emotions are hard to control :)
A major correction was long overdue and what is happening now is not surprising...
Completely agree with you @generation but I'd like to share my opinion here. The correction is not over yet and bitcoin is still struggling to find the bottom. If it couldn't hold the $7k zone, we're heading to the $5500-$6000 area. There will be bull traps and FOMO buying during these days but bitcoin WILL try to find a decent bottom before making a trend reversal. But still, current prices are good to accumulate for long term bag hodlers so somehow we are on the same side of opinion and long term bullish on bitcoin. ;)
Always glad to see optimism in times like this! I share your opinion @generation on the time to buy and buy cheap we will
Yes I agree! This is an opportunity I believe! Always darkest before the dawn!
Dollar cost averaging every paycheck has worked better for me mentally. If you commit a course of action in advance and believe in crypto long term then temporary dips don't phase you as much.
you mean temporary crashes/meltdowns?
there were many "best times to buy" in the past couple months....and all those were losing decisions, you can't buy when you already bought higher
Well, I personally bought at 13k and then at 9k and then at 6k. You can never know the real bottom but if you believe in the long term and think Bitcoin will be for example 500,000 (just an example) then buying at 16k would be better than buying it at all time high but ultimately even if you bought at all time high you will still be good if you believe in it long term it's just that you won't maximize your position.
This is true, however I do think there is a point of no return. Meaning a crypto will never go below a certain point again
I hope so, I still can't believe I bought ETH at $1300 and BTC at $12,500...wish I had waited
you can not look back but forward.
Understand that Bitcoin is volatile. Understand the technology. Understand that human nature will always align value to this technology. HODL.
I agree with you. Thanks for the tips.
Im optimistic with this dip, Im still buildong my portfolio in crypto, so Im seeing it as an opportunity!
I have view most of your videos and they are great I love them joe...Good job....I speak relatively about the same thing....and also learn a lot from ya....thanks again Joe
Awesome @waltliquor glad to be of service!! Also how did you get that shiny logo thing haha thats pretty cool I want one :D
I used a app called " my moving word" on the Android play store...then u can make a logo name like that...thanks for writing back Joe...I appreciate it @joeparys
If we can make an argument that lot of new money came to the crypto market from the inflated prices of the stock market and general health of the economy and job market, then what follows if we hit a downturn in the stock market, new money supply will dry out from the crypto market at least temporarily.
this is why you never invest more than you are willing to lose in this type of environment
Just deinstall portfolio and drink some tea
The best thing to do is HODL
Hey @joeparys Thank you for the tip! I think we might be at the dip! :)
Please take a look. I really appreciate it.
https://steemit.com/bitcoin/@pozzecco/6700usd-might-be-dip-of-the-bitcoin-i-don-t-say-it-the-moving-averages-says-so-check-it-out-bitcoin-technical-analysis
Upvoted, vote me too please https://steemit.com/blog/@rsrestinga/kapitakof-earn-rublos-359a0d8a6a
crypto and other blockchain assets would be valued ten trillion $ atleast within the coming years and i'll MARK MY WORD..
R.I.P Bitcoin
Nice advice sir...Really now is the time to get tougher, now is the time to invest more. God bless!
It's amazing how buddies of mine that were doing everything they could to get a Coinbase account while BTC headed towards $20k. Now that it's in the $6k range they could care less. If you're a buyer at $20k why wouldn't you be a buyer at $6k!?
It was my first video of you that I watched. I loved. I subscribed. I look forward to even your next publications.
Bro, Someone in my family own 16 bitcoins. He living life!
Just sayin
İf you ask me, we shouldn't make quick decisions. The buyers made big sells and now waiting bitcoin fall down to 5000$, and in appearance, they got what they wanted. Now it is time to buy big amount of cryptocoins for them. With these big transactions, bitcoin will make a big up in a couple of days. I recommend not to loose hope, start buy bitcoin little by little if you have some money to invest.
Sunny days are close.
Thanks @joeparysfor sharing,
@racoo
wao in 8 minutes so much silver 260$,,, you're a champion ,,, my congratulations ,,,
Wow thanks for motivating us into our tough times @joeparys. I will try to use this tips you gave. Because every time i watch the sbd value, it's like watching Onion, it makes me cry.. but i hodl cause i know sbd will rise again we just need to wait.
#kgakakillerg
honestly I am hoping for STEEM to reach $1 for a day or so just so I can buy buy buy buy LOL. But obviously once I buy I want STEEM to go up 300%.
Gotta love when crypto goes on sale!
Nice
I am new to crypto and been waiting a few months to figure out what to buy...... I am waiting for the green light but I keep seeing red! .... I am waiting for the sign!!!!
Nice video ! I will follow you!;D
hahahha good joe, is exactly like this these days is to endure and not despair everything will return to normal very soon, the adaptation is inevetable, I hope you continue to contribute with your experiences and tips greetings brother
Heeeey mutlu günler arkadaşım 🙋♀️🤗🤗
quick Question.. can we delete pics ???? Just a quick note : if you post yourself or your family or , YOU CAN PROBABLY NEVER DELETE IT. its is not like facebook, instagram when you can delete the post after a year or two. It STAYS THERE FOREVER..
I believe this is correct -- you can edit posts on steemit up to 7 days I believe but not 100% sure myself :D
it shudnt be such... we should be able to delete such things. :p
@joeparys , we have to watch . As our mentor we appreciated ur effort to keep our morale high. Thanks
I have took one of your courses on udemy and it bought me here I will be following you for sure.
Thx for your tip. I discover the crytocurrency and u help me
Great points man. It goes against everything in our being to invest when markets are down, human nature is to run. But like you said, the tough gets going when times are rough. Fortunes will be made.
And like you said, Steem for the win!
What a great opportunity to grab some Steem and power up :)
You got a 11.30% upvote from @postpromoter courtesy of @joeparys!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
It was not a good Monday though
For buyer it would be chance of a life.but if you made the mind of selling cryptos which I don't recommend for now it's better to HODL it ,but if made the mind already do invest in currencies which are doing good against the USD.
Fingers crossed we see a little bit of a recovery in the next 2 to 3 days, for the sake of the market. Ive been exploring the possibility and impacts of market manipulation, which I am beginning to think more and more may be the reasoning downward spirals. I guess time will really tell.
everytime i check my portfolio and see it's down another 10%
When everyone else is selling is usually the best time to buy, when everyone is buying is when FOMO hits and you feel like you should jump in - WAIT. Right now when everyone is panicking, is when you should ask yourself, do I believe in the future of crypto? If so, consider jumping in
Thanks for the tips. I take responsibility but love weighing the opinions of the pros like yourself.
thanks for the tips @joeyparys.
"when the going gets tough, the tough get going" when you said that i had billy ocean play in my head lol
I agree, this is the time to buy. I've only been in the crypto world for a short time. And not long ago BitCoin was like over $19,000. Not to mention what it started at. I found out about Steemit trying to find out about BitCoin. So here I am.. Now trying to earn or gain Steem. I am very new to this platform.. So any help or advice I would take
@joeparys thank you very much for sharing this news with us.
I am literally new to cryptocurrency.
I appreciate you sharing the good because you have helped me know more! I am glade how i knew just a little about bitcoin .my thoughts easily suggest experiences different than mine are not possible!
Anyway, i have my introduction and appreciation post on my blog.
Check
I can't wait for ETH & BTC to double so I can break even! (sarcasm)
Today many people have been writing about the crypto bloodbath, even I did that. It is great to have your inspiration on one of those dark days to spread a ray of light. Investing in Steem is double value. Next to the actual value of Steem itself you are getting more power which ultimately increases your reach on steemit. That might be worth even more one day to come.
I love seeing the floundering noobs that only ever have 2 questions... "Is crypto dead?" or "BCN, when moon?"
HODL all the way!!!