Probably at the early stage (about 3 to 5 months) in crypto space you always have this FUD. But later on when you realized you are actually investing into a good technology and your convinced that this technology become useful in the future -- whatever is happening at the moment is not a big deal. Its no deal i HODL it.
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Thanks for the reply, I agree that good tech is good to hodl.
But I do think that’s gonna be a challenge for these techs reaching higher highs.. when it does reach its resistance lines it’s problably the same valuation as lots of peoples break even point. So mass sell off are likely to happen proving the resistance to be a self forfilling.
It sounds like me and you are in the ‘no deal’ catogry. My ethos is that my money is on a journey. The fact the most crypto is not inflationary means that good projects automaticity gain value against fiat.
Happy hodling,
Nick
Yes. That is why i really not recommend to the people around me, especially to the newbies -- DO NOT go into crypto JUST for financial gain (specially this time) unless you understood the risks.
I pass through sleepless nights, I pass through months of worrying, I pass through even the curse of my wife because of it.
Till then i realized that crypto is not just ONLY financial gain BUT THE BELIEF on the technology that would help us live better lives in the future.
What do i say to them? Invest on their self first - study and do their personal research.