Quote from: Teamfearless on November 12, 2018, 09:05:44 AM

Crypto Market is dumping because many people who dont understand the crypto concert has come on board !! crypto was created purposely for decentralize transaction , low fees cost , and fast transaction . Satoshi invented the concept in 2009 but it take many years before bitcoin became house hold name .. at the beginning bitcoin was worthless but now look at how bitcoin is changing the world .
Now very new project is creating smart contract just sell ICO to raise many for their project. Smart Contract has come to help Entrepreneur who has idea but not having enough funds to put their ideas on board. So right now Every Entrepreneur Is using Blockchain opportunity to change the world .
But Investor And Bounty Hunter are misleading the concept of smart contract which is making allot project and their Token Useless .
as an investor You must understand that buying project token is like buying a shares of the project and shares of a project is not one night Profit gain .
You must hold for years to again Profit . But Because Project Manager are given 10% to 50% token sales bonus. Investors and Bounty Hunter sell their token as soon as the token hit on exchange at cheap price . In Crypto The More Selling The More Dumping The more holding the more pumping !! Let me tell you on a fact If Every Holder of bitcoin Is Selling their bitcoin today by tomorrow bitcoin will become worthless again . Some token are becoming worthless because investors are not expecting something good from the project but they are just investing just to get bonus on the token so they can dump it .. but if every investor can hold their coin their price will raise and it will attract other investor to chase the the coin or token for the project . As a investor You must value the project more than their token the Market will pump again . Investors who invested $100 in Snapchat at early stage are now millionaires .. Thats how smart contract is all about , You invest You Hold for the project to become successful .. But selling token at early stage collapse project and draw out investor from the project . Most token and coin are dropped up to 82% down because investor are expecting quick Again !!! Let Hold !!!!!

Well, is that not what we get to see every day? People who are busy looking for easy and every means to get rich fast and then forgetting that there is no way this will happen without ending up getting squashed for such a mindset and unfortunately for them, the whales will always keep taking advantage of that.

FOMO is something that gets to happen in every market anyway, so it is nothing new, the difference is just that this is a highly volatile and unregulated market and that makes it a whole lot more different than the regular traditional market.

katiecbell

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