Just a friendly reminder from an old-timer: psychologically prepare yourself for the crash before it happens.

in #steemit7 years ago

 I love Bitcoin and I've been deeply involved in it since 2015. It is without a doubt the best STORE OF VALUE ever devised. I fully expect it to surpass gold in that regard. So there is a lot of growth left.That being said, everyone here needs to psychologically prepare themselves for a 75% (or possibly even more) crash. Due to the extremely strict supply limits of this money, the bubble/bust cycle will NOT magically stop. This current bubble could take us beyond 10,000, and the crash could take us below 1,000. Get that in your head now. Let it sit in your mind for a while and absorb it at an emotional level.In the long run we'll all be okay and very glad we were buying so early. But in these happy times, just remember: This Too Shall Pass.

What do you think??

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In the long run we'll all be okay and very glad we were buying so early.

I doubt that "long run" is defined equally by everyone. I even read some people defining this period as "2-3 months", not years.

2 to 3 months thats too short!!! thanks for ur kind opinion.

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yea bitcoin is mother currency in crypto world!