The Sky is Falling
No I am not promoting Tony Robbins book here, but one thing to get from this, is how experts state facts to reflect knowledge. Facts are facts and you can always listen to experts stating historical facts, however, going beyond that is your choice. What you learn from history should dictate what you choose for your future, you do not need Tony or any expert to tell you what to do.
People who made fortunes on investments are not those who followed expert advice, but those who have taken courageous, calculated steps and challenged the status quo. I am not telling you to take unnecessary risks, just do not fall victim to fear.
"Whoever has will be given more, and he will have an abundance. Whoever does not have, even what he has will be taken away from him."
Hodl and prosper.
that needs a graphic.
good video, good advice, it sounds like he read the Snowball by Warren Buffett.
https://steemit.com/bitcoin/@arthur-schopen/30-bitcoin-i-penned-a-poem-for-you-it-s-my-first-poem-ever-so-be-gentle-haha
I am not selling, and I will be buying more. Simple.
#payitforward
Me, too. It's been like shopping at Costco this morning.
Hi flycryptoguy, interested in your thoughts on this: https://edwineconomics.com/2017/07/15/the-inconvenient-truth-about-bitcoin/
good, can you pay it forward by looking at this funny bitcoin post
https://steemit.com/bitcoin/@arthur-schopen/30-bitcoin-i-penned-a-poem-for-you-it-s-my-first-poem-ever-so-be-gentle-haha
The sky only seems to be falling as we as a community have a lot of relatively new members who cannot remember the 50% drops of the past. This has happened many times before and is likely to happen again as crypto slowly gains mainstream adoption. It looks scary but as he says in the video, if you don't sell, you haven't lost anything!
Yes! Even though it looks red on the way down, it was green on the way up at that same price just a short time ago and we were ecstatic. We are still closer to main stream adoption every day.
so true , it was green on the way up :) this is the roller coaster we bought into and now we have to ride it back up or else self destruct.
good information
I love the guy !
First time I see him whit so much makeup.
All hell will break loose after the German elections.
sorry have to disagree unless you happen to live in Germany.
what happening in Germany?
https://steemit.com/bitcoin/@arthur-schopen/30-bitcoin-i-penned-a-poem-for-you-it-s-my-first-poem-ever-so-be-gentle-haha
From my research, a 66% correction is just part of the game looking back from 2009 to today.
Best,
Isaac
Thank you so much for sharing. I feel so much better after watching this.
I think what we see in the media is to entertain as the real issues in front of us. This is the transition from the US dollar as the Global Reserve Currency --- but nobody can cover it ....nobody will be held accountable. So yes....cyrpto's are a very possible solution to this...time will tell :-)
The transition indeed...and I still feel like one event will tip the ballast but you're right. We are watching it happen.
You are right this is history book stuff unfolding right now.
You know....I don't want to be right...I want somebody to show us another way. I really do.
FOMO and FUD can kill you investments. As long as the company, technology, or idea is providing value your money will grow over the long term. Keep calm, do your research, follow your plan.
Sad part is, all the technicals can be spot on... but fear could easily destroy them.
If you come up with a plan though fear doesn't matter (kinda). If you're long term, and fear destroys your buy in price and keeps dropping, once confidence and the buyback start you'll easily hit that price and could even go back to pre drop levels for a profit. If you don't want to be stuck holding the bag you can easily set stop loss's as well so you can try to buy back in at the next support level.
The average buyer doesn't know how to do that and they end up feeding the whales. Which is why I think Hodl is the best strategy for them. We all believe the market will shoot back up when fiat gets blindsided by one thing or another.
For sure!
Have any of those actual chart fundamentals helped you trade in this market?
Remember, this market has no rules, it has no fundamentals, so why you guys carry over fundamentals from actual markets with real products I'll never know.
A lot of this trading is fear, fear that these two sides at war will seriously fuck Bitcoin up... indefinitely, and there ain't a fucking chart on this planet that's going to alleviate that kind of uncertainty.
Thats why you never try to trade against the trend and catch a falling knife. All charting does is show you where to plan a trade. If charting was a guarantee everyone would use bots to trade.
I like that quote a lot. Catch a falling knife. So true. I love watching the pro's over at Ethtrader...they can do what I could never do. Great gauge for what is to come, though.