You Only Lost Money If You Cashed Out

in #crash6 years ago


stock-market-crash.jpg

This is what you should tell yourself every time the market crashes. This last crash was extremely fickle; caused by the mere mention that Bitcoin futures would be investigated for market manipulation. However, very few people are looking in to what this investigation really means.

The Commodity Futures Trading Commission (CFTC) actually wants to add more futures markets. Bitcoin is not enough for them. They want more control. They are just looking for the green light from the Securities Exchange Commission (SEC). It's actually in their own best interests to conclude that there was no market manipulation.

It's much more in their interest to cause a panic and then buy the dip. You may have noticed that Bitcoin flash crashed from $6500 to $6100 and was back up to $6500 all within the last 48 hours. There is clearly huge whale support for Bitcoin around $6000 flat. I doubt the price will ever go under $6000 ever again in the history of ever.

With crypto at its low, the news of no market manipulation being discovered on top of new futures markets coming would send the price action soaring (and of course subsequent volatility would ensue). The only way to get ahead of all this futures nonsense is to lock in your investments before it happens. Either that or you have to gamble on day trading.

One thing is certain: blockchain development is increasing and corporate interest is rising at an exponential level. Walmart just locked down some electrical grid blockchain patent. This space gets weirder and weirder by the week.

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That is a very important principle when trading the markets.

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