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RE: The price of Bitcoin hasn't been fun, but have some perspective

in #bitcoin7 years ago

"Never have I seen a market wherein investors cry over a 600% annual gain."

The thing is that the majority of the people currently invested in cryptocurrencies probably got in over the last 6 months or so, and most of them now have a loss - and probably a very large loss.

Thos are the people who are "crying", not the people who bought 1+ years ago, and that's what sets the market sentiment.

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Yep, very good point. That is why it is important for those people to see numbers like the ones posted above.