BTC "Crash" - Why you shouldn't panic.

in #bitcoin7 years ago (edited)

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Don't panic! It should be obvious right? The reasons you should have bought into cryptos last week are the same reasons you should keep buying them this week - fiat currency and government-issued reserve notes are rapidly approaching the value of the paper they're printed on. They allow the working class to sidestep cheating and insolvent banks. They have a ton of room to grow, and in the years to come they will become widespread mediums for electronic exchange. The price action we're seeing today brings us down to 2 week lows - the horror, the horror!

If you feel yourself still panicking, just promise me one thing. Promise me that you'll wait a week, get your emotions under control, and then make your decision. It's not likely to be any worse a week from now than it is today.

Keep calm and carry on. This has been a brief public service announcement from anodyne-eclipse.

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I'm afraid this is the time that people should panic. This time is very different than previous small dips.

Hola @anodyne-eclipse, upv0t3
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