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RE: Why We Should HODL and Ignore the FUD Designed to Scare Us into Handing Over Our Cryptos to Institutions

in #bitcoin6 years ago (edited)

Well, I’m by no means a bystander, but I’m very optimistic about the long-term future of Bitcoin and a few others with a utility case for the reasons mentioned in my blog and this post. I have realised that I should ignore the FUD, because, when I read between the lines, I see things very differently. We also seem to be on the brink of a positive regulatory framework. HODL rather than sell because of the FUD is what I’m saying in this post, but I have a policy of not offering financial advice, so I can’t tell you what the best course of action would be for you. That depends on your own financial considerations. Good luck, I’d love to see you make a ton of money out of all this.

https://coinnewstelegraph.com/u-s-congress-strikes-positive-tone-on-cryptocurrency-in-latest-hearing/

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Since end of 2017 I've put all my money in and even sold everything I have and am continuing to invest in crypto and holding because it's all or nothing for me and I believe it will go up huge sooner or later.

Yes, the direct evidence of institutional money coming into the crypto market will be a game changer, then you’ll be able to live in that hotel with room service and ride the maid that cleans your room.

Only invest what you can afford to lose. I've put in a lot but at least I have a stock brokerage account as backup.

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