1/ If you are angry with the #bitcoin and/or "crypto" dump, stop looking for someone to blame.
If you traded a highly volatile market with leverage and were stopped out, that is your fault.
If you overextended yourself and are underwater, that is your fault.
If you traded a highly volatile market with leverage and were stopped out, that is your fault.
If you overextended yourself and are underwater, that is your fault.
2/ The #bitcoin people I know always recommend the same:
- Don't invest what you can't afford to lose
- Have a multi-year timeframe
- Trading is hard and risky
- Consider DCA
- Leverage is dangerous
- Shitcoins are also risky
Buy spot and hold securely is the best advice.
- Don't invest what you can't afford to lose
- Have a multi-year timeframe
- Trading is hard and risky
- Consider DCA
- Leverage is dangerous
- Shitcoins are also risky
Buy spot and hold securely is the best advice.
3/ #bitcoin is an attempt to destroy the power of the cancer of central banks. It is attacked constantly:
- Weak journalists
- Regulatory actions
- Disinformation from morons
- Bitterness from those who didn't buy
The market reacts constantly.
- Weak journalists
- Regulatory actions
- Disinformation from morons
- Bitterness from those who didn't buy
The market reacts constantly.
4/ The price you pay for bull market gains is volatility.
If you gamble then this is entirely your fault. 12 years of #bitcoin history is out there, the cycles look very similar.
If 200% annual return isn't enough then have a word with yourself.
If you gamble then this is entirely your fault. 12 years of #bitcoin history is out there, the cycles look very similar.
If 200% annual return isn't enough then have a word with yourself.
5/ There is a reason why hardened #bitcoiner handle corrections like a boss, because they are usually for the benefit of the network...a priority over their personal gains.
Elon sells? Good, his influence is gone.
Chinese miners gone? Good, narrative of centralisation is dead.
Elon sells? Good, his influence is gone.
Chinese miners gone? Good, narrative of centralisation is dead.
6/ Stop blaming others and get your shit together. Reassess your strategy, decide whether this market is for you.
There are thousands of people out there offering the same solid advice, ignore it at your own risk.
There are thousands of people out there offering the same solid advice, ignore it at your own risk.
Inspiration...
https://twitter.com/jlesterdr/status/1396586263264780290
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