Post
Topic
Board Economics
Re: BEEN IN THIS GAME FOR 6 YEARS
by
Kimonoe
on 30/01/2020, 10:27:26 UTC
Lot of people are making price predictions and many years ago I did as well.However, I stopped thinking in fiat and only thought about stacking stats. In the end we are part of a financial revolution much like Tesla in cars- uber in taxis.The financial market is in a recession when you have bankers, government official telling you we are doing great it's to cover up the truth.

I told some friends in 12/2015 that btc in few years will be 10 k . I am no market analyst I just based it on scarcity. Those same friends bought in 2017 and called me thinking I knew what the next target is and I told them shit, I got lucky I have no idea. Four years later  and now I am thinking scarcity again and 95k in a few years is my next prediction because why not we all love a number to gravitate to.

In 2016 saw a youtube video, and in there was a Chinese mining operator that did not speak english well  but would say just buy 1 BTC and many people laughed at him dunno if it was because of his accent or because he was a miner  promoting BTC. I thought about that back than and realized that 1 btc is attainable at 500 usd.

I would tell family and friends and got  a response like I will wait till it comes down.  If those people listened 1 year later would have profited well. Now I tell friends  .1 BTC  I  think for many that is attainable, now the response is did bitcoin not crash. My point is that I think if we educate fundamentals which is tough we might win some hearts.

I have a true story, something like that's, when bitcoin price only a few hundred dollar ( $200-$300 ) my brother-in-law says, you will be rich if bitcoin can reach $10.000 you own 3BTC now, but i not responding to him, i says is something imposible, but now im very frustation, i sell my 3 bitcoin in $1000 Sad
if i hold my 3 bitcoin right now i own $30.000 its not a litle money, now i trying to hold bitcoin as much as possible.
holding in a floating plus situation is not easy. especially if we hold in thousands of percent, of course it takes a solid psychology. a sense of regret must be there, but we don't know when the price will stop and turn around. while still profitable, I think that's our fortune