✴️ IS BITCOIN AND CRYPTOCURRENCY IN A BUBBLE? HERE ARE MY THOUGHTS!
Yooo STACKERS!
Almost everyday for the last several months, I get the same question all the time from new investors and newbies... "Charles, is Bitcoin in a bubble?"
I'm going to make it simple as possible for everyone in 2018, without saying anything anymore. The only thing I'm going to do from now on... is send them this picture! 🤣
Be free to save this picture and use to anyone who asks you if Bitcoin is in a bubble, it will save you a lot of time explaining it to people. 🤦🏼
"Charles, what if they ask me when is the best time to sell?" You just tell them three words "HODL FOR LIFE" 🤑
Hope this helps you guys out and make it simple as possible when talking to newbs about the "Bitcoins and Cryptocurrency Markets." 😅😂
P.S. For those who are interested in following my "Daily Activities" that I do in very "short form". Follow me here: @charles-fuchs.
I have used this classic picture maybe a dozens times in the last few years, while trying to explain people what is going on.
It is not easy to explain all these cryptos, and aswer all questions after you tell them this one simple truth:
HODL for LIFE
You get endless questions then. Like
For life? Never cash out? Why?
And if you can explain every reason WHY - you know you are really into it. :)
Just do it. You CAN.
LOL .. yeah I like to make it easy without explaining. Everyone has an opinion, I just don't want to waste time talking to people about it. My new motto, here is the picture, HODL and I have to go haha
BTC BTC btc btc
2018 will flip everything upside down
Stay focus
I've seen this picture many times. While I'd love for us to still be in the "awareness stage", I think the "mania" stage more accurately reflects where we're currently at. If the "mania" phase is hallmarked by public adoption, then just look to no other place than the app store. Coinbase is the #1 trending app right now with tons of new money flowing in from people hoping to catch the wave up. Also, media attention. Check. If you go on Bloomberg, CNBC, Yahoo Finance, WSJ, you can bet they're covering crypto currency. And lastly Greed. Double check. These +100% gains people are experiencing on a monthly basis has perverted people's senses of a reasonable investment return. Now I'm not saying we should just be expecting 7-10% you'd expect on an index fund.... but when you hear people complaining that their coin did not rally 30% this week... that's a moment of pause for me.
Definitely I could be wrong and we may very well be in just the "awareness" stage. But when everyone's making a ton of money, I think it's important to step back and reassess how far we've come. Play devil's advocate. And take some profits along the way. Stay safe out there fellow Steemians ;)
I think we be getting into the Hulkamania climb right now... the Christmas brags that $$$$ 100000 %%%%% was made by a FB inside tip from a Crypto Group will only bring the HULKSTER finger pumping ....the leg drop will come so the in the know can accumulate down to buy good tec lower....
what? LOL
What? You don't read creative think? I'll decipher this metamorphic Hogan comment for $0.42 cents.... not $0.41.... if you want an explanation you better figure out how to russle up that 1 cent vote. LOL that pal.
LOL. please enlighten me. I don't read creative think.
3 more penny's and you get the thoughts enciphered in a dark font . Until then.... QUA
Darn, more things I don't know! What is QUA?
look what you invented in my steem wallet when you pondered my metaphors .
0.181 SBD, and 0.056 STEEM POWER for poias/re-orangesphere-re-poias-re-orangesphere-re-stackin-is-bitcoin-and-cryptocurrency-in-a-bubble-here-are-my-thoughts-20171219t172919392z
QUA... https://www.quantumproject.org/
stay cool
I'm just wondering what the "New Paradigm" peak looks like :)
6 trillion market cap, the same as gold
Gold been money for 5000 years though lol
My portfolio is going crazy!
One of my buddies sent me his, 5.8 Million... nuts!
damn, too many rich people thanks to cryptos ahha
I get it... bear trap bull trap mean mean mean! Ha hodl!
That’s bear trap is like a huge sale I would to see lol
Yes gotta be attentive!
well these are a close view you give about the currencies great work appreciated
If you are right, im gonna be RICH! :)
Filthy Rich 😂🤑
So true as to where we really are, I'm getting more to buy but many are telling me more than ever to cash out.
Always be weary where the opinions come from, everyone has one lol
Yeah everyone's got an opinion and an.....
Stackin, what's up. We could be in that phase right now. Makes sense. I like the bear trap coming too! Lol. Thanks for the great info and I am glad to see you doing so well on here. Keep up the great work.
Thanks @walkingkeys, just trying to keep up with that this crypto stuff! That little tiny bear trap means "discount" haha
it certainly does. lol
still lots of time for lots of people to make money then. !