For new comers to cryptos around the world I have some thoughts and advise that may mitigate the chills on their spine.
The past few months we`ve enjoyed a bull run for almost every crypto coin or digital asset that has been launched, as for most good things in life we rapidly get used to them .
Always remember "there is no free meal!", someone somewhere is pumping IN the money that someone somewhere is sucking OUT.
This been said it´s fair to suppose that all the money that was being withdrawn from the banks to invest in cryptos raised a red flag throughout the traditional banking community . Now these robber barons don´t like the idea of a decentralized financial system because they can´t control it.
So their response is to sabotage by all means the trust that ordinary people have put into Bitcoin and Altcoins.
The easiest way to do this is by a Pump and Dump scheme and having relevant anchors say by different media that Bitcoin is a bubble.
For true believers this kind of dirty tricks have no effect but for the rest of the community fear and panic is a possibility.
Those new investors are the ones that they are aiming for, new capitals that have recently arrived to the crypto ecosystem and have contributed to this organic growth of value.
My honest advise is to have faith in what we the "people" of this extraordinary economic revolution have achieved, nothing has changed, just think about it, why if all is the same should the market cap. go down instead of up?
Think about STEEMIT, why should the value of this beautiful project decrease ?
The logical answer is MARKET MANIPULATION!.
Don´t let them fool you, have faith in what´s been accomplished and HODL!!!!