Bitcoin has WORST QUARTER EVER - LMAO -Asshats from CNBC
I despise CNBC, I really do, with a passion. Their are 2-3 good people that can give good financial commentary consistently on the entire show. CNBC doesn't know shit about crypto and they certainly don't know shit about Bitcoin or they would have seen this "Worst Quarter" coming.
Did you know that Bitcoin has fallen from peak to trough OVER 80% FIVE times in its history (infancy)?
EIGHTY PERCENT! FIVE TIMES! (this is likely the 6th)
https://www.cnbc.com/2018/03/30/bitcoin-price-is-on-track-for-its-worst-first-quarter-ever.html
This is Very normal in the crypto world and guess what? There is going to be a sixth time. Take this time to load up on the pullback and consolidation. Patience is key here and you are only buying from the impatient ones listening to CNBC who was pushing Litecoin on you at 360, Ripple on you at 2 dollar and Bitcoin on you at 14K.
This is great time to learn alot about many different types of tokens and about the blockchain in general. Look into BTC, ETH, LTC, BAT, ZRX, CVC, STEEM, etc. Get familiar with this because this is where we are headed.
These clowns don't know what the hell they are doing and when CNBC starts pushing assets you know its time to get the hell out of the way. When CNBC calls for Bitcoin to triple digits you know we have made the BOTTOM....
First they Ignore you
Then they Laugh at you
Then they fight you (Starting this here)
Then You win
And if you made it this far this is why bitcoin is going to $500K. Its in the patterns before anyone even knows
https://steemit.com/bitcoin/@heyimsnuffles/the-bitcoin-bubble-4-0-the-best-is-yet-to-come
I pretty much do the complete opposite of what CNBC advises and its worked out great so far haha. Loved your article and will definitely read more! I post some pretty similar stuff to you, we should follow each other!
Done!
Added to my follow list. Keep up the good work and what do you think of the current market?
I seriously am looking for this to play out. Sideways for a bit. Everyone who bought above 10K needs to get shakin' out first.
https://steemit.com/bitcoin/@heyimsnuffles/the-bitcoin-bubble-4-0-the-best-is-yet-to-come
I dont know whats going to happen next, but I certainly know that CNBC dont have a clue either.
For Sure...I am hoping for long sideways action before the Adoption Phase....the Big One
It's not financial commentary, it's verbal click bait. They say what draws viewers. Like all media these days, pander, lie what ever so long as the viewership grows.
Also, Bitcoin isn't going to become worth $500,000. I would have far too great of wealth were that to happen, so it won't.
What’s the cap then, in your opinion and why, just curious?
$20,000 it will never return to that value either. Why? Again, because it would be too nice for me if it went up lol
Write this on a post it note and stick it to your wall above your trading screen!
I like the way you think mate. Given you a follow.
It is so true. Patience in this one will pay off, again.
Compare bitcoin now to that shitty phone that had a “mobile browser” in 2005 and that browser could show you espn scores after taking 7 minutes to load, now take the iPhone X and compare that to bitcoin flash forwarded 12 years. Gonna be crazy what we do with blockchain