Good grief! I've had it with the world and his wife throwing their short-sighted baseless crypto negativity around!
It's so embarrassingly ridiculous!
Seemingly rational adults who can't see further than a few months at a time. What the hell? With attitudes like that it's no wonder that so many people don't like the hodl strategy!
My apologies for postponing the final post in my "Coins I hold" series. This post needs to be made. Now. Before my old Bit Brain has an aneurysm.
ENOUGH OF YOUR STUPID FUD!
For several weeks I have be engaging in "debates" about the crypto market on several social media platforms, some debates more lively than others.
I am seeing a common thread: "Crypto has Mooned, now it is going sideways, there is no reason for it to rise again any time soon. Investors are afraid, interest has waned, nothing will happen for a long time while we wait for large scale adoption".
Bullshit!
Is it really so hard to follow a repetitive market cycle? Especially after I've walked you through it step-by-step?
I stand my ground, I stick to my guns and I watch other people leave crypto groups because they can't handle me arguing this point of view - despite having the evidence to back it up - something their "counter argument" sourly lacks! I mean, seriously, what the fuck?
The crypto market is going to keep going up. It won't take long. Deal with it!
So for the very last time, I will make this point as clearly as I can. Hereafter I will just refer back to this post. For those who still insist that things are otherwise after this: too bad; I count them as "lost causes". Good luck to their portfolios...
What the market is doing. Believe it; or not
I'll keep this short, sweet and to the point - let the pictures do the talking.
Markets are cyclic. This is a fact. You can ask any investor worth their mettle. Here is a good example (see point 3) posted a few days ago by @getonthetrain. Markets often run a market cycle pattern (as shown in the link I created earlier in this post).
This is the market cycle 
From https://www.cheatsheet.com/money-career/your-cheat-sheet-to-the-psychology-of-market-cycles-infographic.html/?a=viewall
I've shown it before on several occasions. My last update on our position in it was here.
This is the crypto Total Market Cap today:
From https://coinmarketcap.com/charts/
This is the two of them merged and scaled to fit
Not data was altered, just the scales. I did skew the Market Cycle chart a bit for reasons I explain in the previous Market Cycle post that I linked to.
For those who require further assistance, or perhaps just confirmation, in assessing where the crypto market is now: here is the Market Cycle again, with a Bit Brain modification
Conclusion
So please. Enough of your goldfish-like memory based negativity. Enough of your baseless arguments in favour of a stagnant market. ENOUGH OF YOUR STUPID FUD!
If you need further evidence of why market will rise, please read these, they may help.
If you can read those and remain negative, then there is something weird about you...
If you still disagree with me, as annoying as that may be, I understand why you do. But do you? Introspection is important - especially to a trader. Having biases, probably ones you are unaware of, can severely influence your ability to be rational and impartial. I strongly suggest that you read this if you have not already done so: https://steemit.com/cryptocurrency/@bitbrain/i-m-realistic-about-the-crypto-market-you-aren-t
Get real people! 😉
Yours in crypto,
Bit Brain
DISCLAIMER:
I am neither a financial advisor nor a professional trader/investor. This is not financial advice, investment advice or trading advice. Unless otherwise stated, all my posts are my opinion and nothing more. Crypto is highly volatile and you can easily lose everything in crypto. You invest at your own risk! Information I post may be erroneous or construed as being misleading. I will not be held responsible for anything which is incorrect, missing, out-of-date or fabricated. Any information you use is done so at your own risk. Always Do Your Own Research (DYOR) and realise that you and you alone are responsible for your crypto portfolio and whatever happens to it.
Upvoted ($0.19) and resteemed by @investorsclub
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Nice post. I shall refer back to this in my dark days...
:D I'm sure there will be many, but hopefully the bright ones will outnumber them!
How's Bitcoin doing ? I see it's 'mooned' all the way down to $7500
Pretty well, doing exactly what I said it would so I'm a happy camper.
Because if I got that bit right two weeks out, it increases the chance that I got the next bit right too!
And you say I shouldn't make predictions! ;)
Well, just letting you know that you're wrong. Everyone knows that every crypto always moons all the time, so if you predicted it would retrace a bit then you're obviously wrong ! :-) lol
btw I'm blowing this joint soon, so don't upvote anything. If you want to keep in touch I can let you know my email address.
Sad to hear that :( Sure, I'd love to stay in touch and rub your nose in my predictions down the line :D If you're on FaceBook I could give you a crypto group to join.