Post
Topic
Board Altcoin Discussion
Re: Crypto is not a get rich quick scheme
by
Seth2009
on 18/02/2019, 14:14:35 UTC
I don't know if I am the only one that is not worried about the market and feel it is doing fine?
I see different posts about people saying different things like "it is the end", "crypto is dead", "I lost it all, it is time to get out" blah blah blah and I get pissed off. Most people don't do a proper research before FOMO into crypto and confuse it for a get rich quick scheme.
I definitely know the bull run will come but I am not expecting it soon. We just saw a massive bull run about 13 months ago and I think it is too early too see another, because there needs to be room for market correction, which is presently happening. Last year the price of Btc increased by about 1000% and has only reduced by about 600% which means there is still room for more correction. So do away with the fantasy that bull run will occur every year to get you rich and face the reality.


It is only the weak hands that are complaining while the wise are taking advantage of the market to get good altcoins at cheap prices.

What is you thought?Huh
Agree, weakhands always complain without thinking that bear market is the best time to buy altcoins... Coz when the time bitcoin will pump again, more earnings will come... Cryptocurrency are volatile so expect for it to have their downtrend also.. Not all the time all uptrend... Sometime its fundamental analysis also affects the situation of altcoins especially the FUD thay spreading out.. So if u know something about trading u can "dance" with their beat.. 😊