Why are most people afraid to invest in bitcoin right now?

in #crypto6 years ago

Bitcoins.jpg

Especially now, when the price is low, at a level that would have wished all newcomers at the end of last year, many wait or even leave the market for fear of loss. However, recognizing a slightly larger temporal angle and logarithmic scale clearly shows an upward trend.

The problem, as so often, is wrestling with fear. Fear torments people and leads them to missteps, especially in economic trade. There is a great chance that a similar growth as in 2017 or even bigger will emerge later this and next year.

It would be much more advisable to approach the matter rationally and without emotion. We have a technology here, that everyone agrees, will change the future for the better. And we have bitcoin, a pioneer application based on this technology. An application that, due to its decentralized and digital architecture, can reinvent itself every day when circumstances require it.

If one considers the pronounced security of this network and the already far advanced adaptation in many areas, there is hardly any convincing reason why bitcoin should fall in the long term or even fail.

So keep in mind: Stay cool and do not let your fear paralyze you from being part of something really big from the very beginning, because that's what it is! Cheers! =)

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