Hello everyone,
I just registered but of course I am a long-time cryptocurrency watcher.
What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".
If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.
You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.
In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.
For more money, just you just have to work...
My 2 satoshis...
I just registered but of course I am a long-time cryptocurrency watcher.
What I do not understand is why most people are so pessimistic and talk about "these hard times for *coin".
If you look at the growth chart from the beginning of cryptocurrency, you will realize that even now, the Bitcoin is a bit over-valued. It is not "in the red" by any stretch. What was in the last few months was a bubble, an anomaly which may have been exploited only by the very few, just like in the real currency or valuable asset world.
You want a cryptocurrency to be stable, just like the real currencies. Only then will it be trusted and invested in by the big players. Any asset in which you make money like winning the lottery every day is bound to crash.
In my opinion the Bitcoin is just now approaching a "healthy" status. Making money from Bitcoin will be just as hard as making money from real currency trading.
For more money, just you just have to work...
My 2 satoshis...
The pessimism is centered around the fact that as bitcoin and the cryptocurrency market has been able to go the distance with their value and high market price. But as time passes and progresses there was a considerable decline and defradation from the saturated market which has been a cause for panic and distress to
The cryptocurrency users kost notably the bitcoin users as even the hardened ones were soon to use the panic button.