Hard Lessons Learned in Crypto World
Heard the saying Buy on the rumor and sell on the news?
That's the lesson I had to learn. I caught the big rise of bit coin and other coins in 2017 too late. Things were great when big gains were rolling in. However, I wasn't able to anticipate it early enough. We hear we're supposed to buy low and sell high, but many people do exactly the opposite. They latch on to the upward trend when enough momentum from others lures them in. The time to buy is when bit coin is getting hit in price. The time to buy is when bit coin loses 70% of its value. Especially, when we understand the long term value of bit coin.
See Bit Coin Price Sneaking Up in Value Now?
We're headed towards the next review of Bit Coin ETF's by the SEC. Why wouldn't we be seeing an increase in value? A guy I follow is recognizing more and more bit coin atm's coming into existence. The business money channel now shows the price of bit coin. Slow and steady adoption. A stable, slow increase in price is very healthy in my opinion. Read more on ETF's below:
Interested in Bit Coin's History and What Happened? Read my best performing post below:
To me the future is pretty crystal clear and here are the big reasons I support crypto:
My posts are one continuous story of what many of us take to heart. Hope you enjoy it. Feel free to leave comments below.
P.S. Bot votes will be coming behind you with some moolah if you upvote this. Most of em are 15 minutes away from voting :) and I just want to publish this before bed