I can not say that I am an expert in having to do with the world of cryptos
But what I see those last weeks...I can not hide it ... it scares me.
It's just another dive and in a while the market will come back,or is it the new ceiling?
My opinion?
Of course it is not the time to get rid of the coins you bought (dozens of debates and articles have been made over it)
Even though it has been almost 10 years since bitcoin was introduced, I personally believe it is stull too early to come up with any conclusions about how the market is moving around the world of cryptos
I live in Greece and I think that the world of cryptocurrencies is a sector that 95% of Greeks are completely unaware of.
I assume that there may be a similar situation in many countries.
And I understand it by their way and their reactions when I open a discussion of that. It is like I am talking about something unreal, fake, fantastic...
I guess i would react in a similar way back in 2008-2009 if someone told me that he was investing the money he had made out of his work to bitcoin. I would probably say he is totally idiot.
I have a couple of examples from people who invested in the bitcoin since then and have kept it even today.I think you can assume the profits they have gained ... And the bitcoin is just the beginning ... there are a lot of such examples
But as the story showed,I was the idiot,because I was uninformed and I did not have a backup plan for what will follow a few years later in my country
(For those of you who do not know,our politicians and our banks, they have led us to a pretty much irreversible economic disaster)
I will not hide it as a newcomer in the world of Steemit, I like the whole thing.
To make articles useful to the community, the anguish of if what you have written will have an impact on others,whether you will be rewarded for your thoughts and concerns.Everything is fascinating.
We all talk every day about how good the technology is behind the steem blockchain,we see how many new applications are being made to support it ... and when I see people around me to overdo what they have been supporting a few days ago and to sell massively,I m just getting mad.
Not because I have a saying about what everyone will do with their money.Just because I think he finally said it for some upvotes.
Personally I do not care about the price of any coin or currency at all at this very moment. And the reason is very simple.
Because i do not intend to sell.
Against that. I intend to hold as much as i can and at the same time whenever I have the opportunity to buy more,I will do it.
Would not you hit your head on the wall if you gave your coins away and until the end of the year its price is 500 or 1000% up?
I would...
No one is losing money when he does not sell. If you have 20,000 steem worth 1.65$ as it is today or 20,000 steem worth 7$ as two months ago ... in any case it is 20,000 steem.
People who trade long before me,will have experienced it a few times ... such steep changes are commonplace.We are just not accustomed to them...
We are witness of an everyday war against cryptos from everywhere. Governments,banks and all those who have something to lose from this revolution.
But as I have said many times in the past ... the cryptocurrencies are not just passengers that will make a tour and will thrn disappear.They came to stay and to bring the revolution.
Perhaps it is good to discuss it more and to encourage more of each other. It will work better this way.
And since we talk about Steemit and steem...since you believe in it, do not despair, nor spread the panic ...
Eventually,after every storm at some point...always comes a beautiful rainbow...
Thanks for stopping by
Until next time...
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