Current market sentiment
7 years ago in #bitcoin by cryptoindex (-10)(1)
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Nice post. Preach it brother! I kind of feel bad because I find it funny watching all these people panic. I mean I am no crypto OG or anything, but I have only invested in projects I believe in. And I do believe. So I don't worry about dips. I actually really like them, because I just build my positions on the fire sale! Since below 10k ive been adding a little every day just about. I hope it stays here another 3 months. Why would I want it to go back up? that just means I can buy less. HOLD AND ACCUMULATE!
your content is really good thanks for that but i thing we need new stuff from you...hope your alrite.
Not only is crypto down put everything connected to it seems down. Funny how when XRP was flying up like crazy all i saw was people asking how to buy but when it's down and cheaper no one is interested in XRP, BTC, or any of them. Weird people.
Thats how things go, when the price is down, there is high risk in purchase, and so people hesitate. This is why those that take risk can reap the reward if their decision proves good.
People love to buy what is rising, because it seems like a sure thing to them.
Despite the fact that its not.
So true. I think this is amplified by the fact that most people in the market are very young in comparison to most other markets, in addition to the market itself being quite young. There are many good techs, but so many poor projects without much substance. If you dont understand what you are investing then you are far more likely to care about what people are saying and be susceptible to fomo and fud
Good work
I believe that looking at the stock market and Dow behavior over the last century is a great introduction to how the crypto market will behave.
Thanks so much for introducing me to this... Was beginning to feel discouraged. Nice post
Crypto markets are still, even now, VERY small.
News and even just rumors can drastically swing the price of any coin.
good job, the truth is that very well developed. Fascinating theme!
Ah... yes, maybe.
Can I add one more reason?
I agree.