Don't panic , these are the times HODL term was made for !

in #crypto8 years ago

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First of all this all makes sense if you invested money you can afford to lose!

So here we go.

I have encountered many traders that compare crypto bubble and dot.com bubble and I partially agree. There are a lot of scam coins in the market . Many are vaporware , some of the worst were Bitconnect , Davor .There are many projects that will eventually fail and many cause crash .This will increase demand for use case projects .
Remeber when internet was new ? Who thought that Amazon , Fb will grow this big . Although we saw dot com crash . But we need to remember that good projects will survive .Crypto and blockchain aremaybe even bigger than Internet. It could/will radically change the world we live in with introduction of blockchain technology in our day to day life . When stocks/shares came to the market a lot of people said it is a scam just like they say now about crypto, but that's normal and in human nature cause we are afraid of things we don't understand. Look at Amazon it was part of the bubble , look at where it is right now .

A major portion of crypto at the moment are good wishes and long future. Even Bitcoin is used only as something that could be sold at higher prices to FIAT. We are few years away from real life mass adoption and these price fluctuations are nothing compared to how blockchain technology can change the world .People need to calm downnow . Don't let their greed blind them from this amazing technology .

Choose projects wisely ,carefully and don't panic when it dips and don't celebrate when it rises due to small fluctuations .You will face severe stress due to this . Hodlers live a happy life compared to traders . Sometimes a good trader may make double or triple the money compared to Hodler but a hodler is stress free . Hodler invest in good project and don't care about these price fluctuations . Once your project becomes used in everyday life then celebrate and be proud of yourself. Don't listen to Warren Buffet nor scammy Mcafee. Do you remember when Buffet said Amazon is bubble and look it now. Better not talk about Mcafee .

KEEP BIGGER PICTURE IN MIND AND DON'T SELL AT LOSS!

The biggest fudders 4chan , even 4chan is positive on cryptos .

source

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JUST HODL !

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