Don't FUD yourself.
Are we a bit too spoilt by cryptos constantly exploding? Or maybe is it that the crypto thing has begun attracting lazy adventurers seeking easy money? Do you really believe you will become a millionaire without working hard for it? Don't FUD yourself.
The entire cryptocurrency thing is still at its infancy stage. All bank currency in circulation all over the world equals aproximately 2 quadrillion USD, meanwhile the entire cryptocurrency market capitalization is roughly 0,71 trillion USD. Cryptos have been making millionaires. But even those extremely profitable players have spent years gathering information and knowledge whcih would enable them to make such significant life changing decisions. You might think they made millions just sitting comfortably in front of their computers, but I think those people became ghosts; sleepless, tireless and relentless workers. Success is never easy. Don't FUD yourself.
If you're looking to make money overnight, change your profession.
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Cryptos are still making millionaires. Everybody is whining about the market ''crashing'' nowadays and I'm just sitting here, wondering how everyone forgot what the whole cryptocurrency market capitalization was like 6 months ago. Nothing is ''falling''. It's the market, it has its ups and downs. Don't FUD yourself.
There won't be any kind of ''crash'' before the market capitalization reaches at least 5 trillion USD, from my humble point of view again. At the moment we've only witnessed a small fraction of the entire market's potential. The world will soon revolve around cryptocurrencies and the blockchain technology, which can be applied in many different aspects of modern life as a means of safe and transparent storage of valuable information, owners' rights and transactions. It's still too early, the entire crypto thing hasn't even started going mainstream yet. The future looks nothing but bright. You currently have a great advantage over the ignorant masses since you're already involved with crypto. Don't FUD yourself.
Recent corrections have been finished, this is what the market looks like at the moment.
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I believe that fear is one of the most significant and decisive factors that shape the market. Whether it is fear of missing out, or fear, uncertainty and doubt, this fundamental human instinct plays an important role. In fact, the very concept of society and a need for governance is based on fear in the first place. Fear is what defines the masses' consumption habits and therefore drives the economy. Fear is what gets politicians elected and borders guarded by armed forces. Fear makes the world go round, and it's been going round in a really bad way lately. Let's put an end to this by eliminating fear. Don't FUD yourself.
Rome wasn't built in a day. HODL your cryptos. Invest what you can live without and HODL. Those market dives are huge opportunities to buy some cheap crypto. Every time they are panic selling, I'm panic buying and HODLing. If you don't trust a specific coin or token, simply trade it for something else. Keep the money inside the crypto economy. I don't ever cash out my earnings as I'm a firm believer in the bright future of crypto. I feel like it would be a totally wrong move to sell nowadays, I think there will be huge growth of the crypto economy within the next couple of years. As soon as the masses decide to jump in, altcoins will skyrocket.
I'm panic HODLing these days. Maybe out of fear of missing out on the imminent explosion! Or maybe out of fear of my own predictions coming true! Fear can be a great motivator. Use it , don't let it use you.
Don't FUD yourself.
