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RE: Price Is Sinking (Get Ready For Cookie Cutter Buy Low And HODL Posts On The Trending Page)
I sometimes like those posts and somehow they became a part of bitcoin and crypto that I wouldn't want to miss anymore.
I mean at least they have the right fundamentals, although I agree - they get very repetitive.
Anyways, better than the people who spread FUD because they just sold a few $ worth or missed getting in on a coin and want to ruin the party for others!
I can understand the thinking that all people saying they think the price is going lower are people spreading FUD because they are jealous they got left behind or something. For everyone holding large amounts they would like to see it continue to rise for sure. But I'm invested and have been building positions in coins including STEEM. I just think everyone needs to be ready for whatever move it makes. If STEEM Price went to $10 I would be happy because I could post more and the liquid rewards would be greater plus my account value would go up as well. If it goes down I'm prepared to take action in that situation as well.
I just don't want people to get blindly crushed. It can be a very depressing feeling when everyone out there is saying it is just going to keep going up and up and up.
I don't call everyone who makes a bearish outlook a FUDer. But at the same time not all people who are bullish are shills.
I appreciate every article, post and news which are based on evidence and data and do not try to influence the market.
I made my mind (for myself) that I am longterm bullish for crypto. I cashed out my initial investment a long time ago and now I hodl until I can spend my crypto directly on goods.
And with that mindset I appreciate the one or other hodl mean to show me that I am not alone in this and others are here because of the fundamentals too.
Obviously you shouldn't base your trading or investment decisions on the opinion of some memers in online forums, sorry if I came across like that.