Hello everyone, skipped the usual premise for which I apologize for the presence of any grammatical errors not being a native speaker and wishing you a good read, today we return to talk about the cryptomarket in general giving an overview of the world economy to understand that road to undertake.
In the title I intentionally used the term restart because a reboot is what the market needs. Many have become prey to the euphoria of pressing news about the successes obtained by BTC and other top altcoin, 20k $ seemed only the starting point from which, with an increasingly mainstream adoption, everyone would go on the moon and in lambo !! ... remember, do not you? Today, after a few months from that bullrun, it is difficult to find someone who can say that he has not accused at least one loss and if he does not, probably lies. In a market that is capable of decisive and sometimes totally irrational movements, the AT can hardly guarantee a profitable trading and the holders, even more difficult to remain calm, seeing the equivalent value in $ even a quarter reduction at the peak of December-January.
The main problem lies in investors and their psyche. The terms FUD and FOMO that accompany us constantly, are simply the final product of a multi-level manipulation that is looking for, after pulling away the profit from the portfolios of the first investors aiming for a gain in fiat currency thanks to the FOMO, to drain it now cryptocurrency reserves spitting FUD with news even old ... without counting the destabilization that occurs with confirmed news, denied and confirmed again. The game is old enough but still works and to achieve the purpose of restart, you must first think about this. Does it appear that BTC's Blockchain has been hacked? Does it seem that capitalization is not high enough to "keep" the interest of companies such as the exchange that constantly earn from the fees, the cost of listing and the monthly fees for maintaining this? Do you believe that all those who have stumbled upon this new world have done so without knowing what they were encountering and what awaits them? Do you believe that in 2018, with all the techniques of masking your IP, it is possible to stop the exchanges with the ban and the regulations? Here the only switchoff is the same as the Internet and how internet is too important to be turned off overnight do not you find?
If you are in line with the questions above, perhaps you should examine the reason why you were investing and you will probably see that the main problem lies in your expectations, expectations of disproportionate and unimaginable gains as well as immediate. Well, made clear that there is no other financial product with capacities similar to those of cryptocurrencies in terms of volatility, you must think that reasoning was not entirely wrong. Today the market is mainly composed of us retail and the case of ETF would have made a first step towards the entry of the big with all the merits and flaws of the case, but that does not mean that the explosion will happen within a few days. .. you would not really expect that the SEC would have approved an ETF in vacation with the whole global community in full FOMO!?!? and yet again they made you believe it and denied you have demoralized bringing many to sell what was put aside for the big boom.
Why am I convinced that those on the other side have so much interest in investing in cryptocurrencies? Simple, stock markets are sailing in turbulent waters, the case of Turkish lia is just one of many alarm bells of an economic crisis perhaps even more oppressive than the one of 2008 and that, according to people far more competent than the writer, could alternating between the end of this year and that of next year. If you add to this the products that protect the banks to the detriment of their account holders (see the "bail in"), you will understand that keeping their savings on BTC is much safer than having deposited in the bank because in that case, the bankruptcy would leave you with a handful of flies therefore, better a dancer account than a zeroed! The concept that falls short of this scenario is precisely that of "ownership". Today their savings are deposited in the bank and even if these are so substantial to make up for a future liquidity request, at the time of a withdrawal above a certain amount, you will have to provide a thousand explanations even if it were a loan. The money is the fruit of your work and your sacrifices and certainly do not deserve to reside in the coffers of those who want to speculate at your expense so try to get back into possession.
Our mentality easily susceptible to the rally of the marked, is certainly not the only problem that afflicts the market. I do not intend to spend even a second talking about scam, groups of paid signals or groups of Pump & Dump ... who reads this kind of article should have taken a certain conscience of how those who maneuver those things should end up in jail and stay there also because, in the real economy, some of these practices are illegal and punishable! I simply want to pay attention to how much the market is still immature and comparable to an antics thanks to the exchanges and the most frequented portal of all in matter, CoinMarketCap! Today we are constantly talking about economic freedom, decentralization and a whole series of ideals that let's be clear, we see very little and still interest less people. The exchanges ask for exorbitant costs for the listing, costs that in many cases do not justify the implementation work and that do not take into consideration the goodness of a project in the end, to make money is the only interest, therefore, frauds will always find space as long as they pay and generate fee. If this is added CoinMarketCap that adds those who best believe with the times that it considers appropriate, the scenario is soon well defined. Being listed on cmc by virtue of their new rules seems to legitimize a project even if, seeing some recent name and the volumes connected to it, some doubt arises spontaneously. Write in the comments if you know projects that are not yet mentioned in the CMC showcase although your studies make you assume that they are lawful and solid or if you know already listed projects that you think should be deleted from the book because obvious scams. All these poisonings that afflict the market today require regulation to get a reset and it is from there that the real bullrun can begin in the meantime, do not get caught up in feelings, reason with your head and never forget ... trading, accumulate, sell and buy back but do not give up your BTC because the beauty has yet to come!
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STOPBrother's excellent post, always brother's success
Thank you! I hope people can not be fooled by speculation and really understand the potential of what they have in their hands. This is a revolution and can not be stopped!
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