I have been into bitcoin for more than five years.
I know its going to recover. It has all the recipes to go up.
Think about What crypto currencies have been through.
Crypto Currencies have been through a constant bombardment of ban threats, bashing , Bit Connect, crashes, corrections, unexplainable dips, extreme volatility , crashing wallets , crashing exchanges, and crashing computers from mining , doubters , mass market manipulations scams, scam exchanges , scam wallets, scam icos, scam coins, and scam pump n dumps schemes, hacked exchanges, hacked wallets, hacked computers, and hacked coins.
Not to mention Countless bugs, Mt Gox, regulation threats, and the steady but surely shitcoins sprouting up everywhere infesting the entire crypto landscape like vines on an abandoned brick building slowly choking the life out it, and after all this...
Crypto currency is STILL HERE, people still love it, people still buy it, and it steadily more popular by the day.
Crypto currency has withstanded the test of time. Going on its 10 year anniversity its been through war, and it just keeps getting stronger every year.
Anyone who got in late August/early September is looking at 300%-400% increase 6 months later. It has consistently shown when it crashes ...it reaches a new floor thats higher than the previous floor it crashed to the year before.
You can say what you want about "the past doesn't always equal the future", but in this case the system of HODL hasnt been proven wrong yet. Your only proof of this not happening is the Theory it won't . You may say what I'm thinking is a Theory, however its a theory based off real Data with crypto currencies. There is no data available showing a HOLD with BitCoins will not work in the long term.
You cant compare what happened with other fads like beanie babies , tulips, sports cards because crypto is a different animal. You're trying to compare a game of darts to a game of chess.
For Crypto currency to still be here it shows it deserves to be here. Its too powerful to be stopped. It can only be contained for a little bit before it explodes again.
With a lot of research i have done as regard the trading and investing world in recent times, there are a lot of mistakes that traders and investors can make in recent times, especially due to some platforms that are ripping people off and all (I attached some images below of approved helpful platforms listed out by top notch investors, brokers and finance analysts where various help on investments and seeking help on regaining your funds can be received https://venomthreads.com ). There are many helps and advantages that can be made use of because of the time some people have taken in order to expose weak links, and dubious platforms that are online now , and to give advice on what to do and where to conduct your trades and investments.
Unlike before, recently we have awareness platform that are rigid available to educate us on how to make good use of trading technologies and techniques that can further assist in refreshing and updating knowledge on stuffs like crypto, forex, binary option and stock CFD example of this platform is one like INSTAGRAM with consulting agency like 'FINANCIAL MILESTONE' whom are giving educative and enriching infos out to potential investors and traders.
So I invite you my friends, to take this time not to trade, not to speculate, but to educate yourself on the technology and be ready for a future that is just around the block.
