Morning Steemers
I haven't posted in a very long time - reason being I havent had much to post about with regard to everyone throwing around opinions in the cryptocurrency world.
Everyone seems to think that their opinion is what matters and other people do not know anything. The reason i am on this site is to learn as you would have seen in the past i often ask other peoples opinions at the end of a post because I am interested in hearing what others have to say. I follow certain people that contradict each other so I can hear all sides of a story, of an ICO or token investment.
Right .... So there are thousands upon thousands of articles written daily with regards to this new phase of cryptocurrency we are entering. People with big followers can say "Bitcoin is going crashing" and everyone all of a sudden believes them and sells their bitcoin - meanwhile - the very people telling you these stories and THEIR PERSONAL OPINION are buying the very coins you are selling at a cheaper price. This is all based on creating hype for the market so that they can benefit from the results. If you are into cryptocurrency and follow Cointelegraph (which you should be doing anyways if you are involved in cryptos) you will see articles everyday contradicting eachother from different people. One CEO thinks its going to be regulated and another thinks its untouchable, one government thinks its brilliant and another thinks its used for the wrong things, one person thinks its not a bubble and someone thinks it is.... WELL the answer is to read up and see what people are saying but then go to the facts on the drawing board.... everyone in this world has their own opinion and that is why the world is such a mess at the moment, people always thinking their way is the 100% correct way which is never the case ....
I personally have learnt the hard way following peoples thoughts and investing as per market information, but now i do my own analysis of my investments and it is turning out to be much better not listening to all the positive and negatives. Dont get me wrong i definitely read up on them but i dont action my investments as per someone elses opinion.
Just thought i'd throw this out there and see what other people have to say about it and how opinions can create such hype and manipulate a world wide market.
Happy steeming and trading everyone.