Post
Topic
Board Bitcoin Discussion
Re: VOLATILITY IN BITCOIN,WHO SHOULD BE WORRIED?
by
HayaH
on 18/11/2018, 15:52:14 UTC

At times Like this in the Cryptocurrency era, should investors and Holders Be worried?


While I may be still learning about Crypto and bitcoin I fully believe that those who are merely involved for investing purposes are those who will be more worried about the price swings and volatile movement of Bitcoin. Even more so if they invested more than they could afford to lose. Yet those of us (old and new) who believe in the technology and social shift of Bitcoin won't be easily deterred or overly scared by a shaky market. Yes, we quiver a bit whenever the market goes down faster than a roller coaster; yet we know all new changes take a while to really grow on people.

I'm old enough to remember the internet; there I wasn't even an "early adopter" but still early enough to now marvel at how far we've come from dial up modems, dropped connections and printing those hole - filled pages full of dot things and floppy disks. We've come a long way to cell phones, apps, streaming movies, you tube, social media, great graphics and wi-fi.

Bitcoin may follow a similar trajectory, perhaps even one a bit more complicated and slowly as it's tackling banking and fiat currencies. These are the very thing that society is built upon that give those in power their power.....  

So as for me, I'm not worried about the current market. It'll sort itself out in due time. I decided to give it at least 5-10 years and I'm pretty late coming into the crypto scene in 2017. I believe in the overall technology and even if I lose everything I put into the individual coins and projects I'm supporting it I'm doing it for the chance of actually changing the world for the better. That to me is priceless! If there is some money made in the end, then that's just gravy.....

Satoshi's concept of decentralized digital currency & decentralized ledgers as a whole can change the world. We need to only let ourselves free to try out different stuff to find what works best and give it the time it needs to grow and develop.

HayaH