This tale is as old as time... Let us assume you want to enter into a new market. You might be a major player in another market... But you want to buy in at the BEST possible price for this new market... What do you do? How do you get the BEST price, when the entire market seems to be in Mega-Bull Trend? How can you CREATE opportunity?
FEAR.
Wait until there is a little uncertainty in the Market, cause by some "event". That will cause prices to stall or even decline, depending on volatility. Now, the more instability caused by the "event" the better! This means, when you cast your OWN ASPERSIONS... The FEAR generated by them (remember, you are a major player in another market) will drive prices EVEN LOWER... Which almost assures that you can get... The BEST possible price for your entrance... FUD/Buy = Profit!
Now, who in real life has done this... Where have we SEEN this recently... This is just SPECULATION of course... But...
If you're wondering who that is... That is Jamie Dimon, CEO of JP Morgan. He just recently went on record saying "Bitcoin is a fraud and will ultimately "blow up"".
Now, the moment the CEO of JP Morgan says something like that, coupled with Chinese ban (and regulation) of ICOs... What do you think the markets did? They were already pretty shaky and just recovering from a real story: ICO ban and fake story: Ban of all exchanges... Now a major financial player says "Bitcoin bad! Bitcoin go BOOM!"... Let's take a look at the charts this week...
Pretty much what we expect right? 30% decline in a week. Like getting kicked in the privates.
FEAR.
So what point am I making? Based off what the CEO of the company said... You would be led to believe that JP Morgan would not want anything to do with Bitcoin or Crypto... That it would be steering clear of it... But wait!! What's this?!
Oh right!!! JP Morgan is part of EntEthAlliance!! A bunch of Fortune 500 companies that are investing in Crypto!! So how do they get the BEST price for their entries??
FEAR.
Then they say "oh, we were wrong"!! Price goes back up, everyone forgets, they make a FORTUNE... Rinse and repeat.
That is why, if you believe in Blockchain tech, you must Buy The Fucking Dip. The Whales are. If you TRULY believe it will be worth 2x, 5x or 10x by 2021... Then why sell now? HODL. BTFD. They want you to sell - they are waiting, with open bags.
But hey, that's just my 2 Satoshis... As always, I love ya - Go STEEM yourselves :D
Don't forget to UPVOTE, ReSteem and Follow for more Crypto posts! I also will make plenty of health and fitness related posts as well! Health, Wealth - I like helping others with both!