Post
Topic
Board Economics
Re: I'm afraid of the crypto craze in Korea.
by
Fesatmas
on 02/04/2021, 15:42:39 UTC

Just like how it's been.. since forever? Tongue

We've been through such hype cycles in the past, and like it or not it will happen again some time in the future. Some people will make money by holding long-term, and some will get burned by buying the top and panicking when it goes down temporarily. It's unfortunate, but that's how the market works.


This hype has sparked a very common perspective among cryptoners who are just starting out in the world of crypto. We are very concerned that they have to compete with large institutional owners in the country while bitcoin prices are soaring and continue to target six digits this year. it is inevitable that we will see a bubble that will only get bigger in the coming year. bitcoin is not favoritism, anyone who is able to survive in the long term, be prepared to enjoy the benefits at a later date.