CRYPTOCURRENCIES NO LONGER FAVOUR HODLERS.

in #cryptocurrency6 years ago

When the very first internet money (bitcoin) was created by Satoshi Nakamoto in 2009, no one, not even Satoshi himself thought cryptocurrencies would go viral like the way they have gone now. And the first hodlers of bitcoin, (worthless then) have become multi millionaires today. And so did ethereum make many people multi millionaires.
However, just like regulated FIAT, I think cryptocurrencies are falling under the control of a selected few again. This time, not under the control of the government but some whale investors who control the crypto market and can pump the price of a particular coin so hard to lure small investors and crash the price by dumping on unsuspecting small investors (US). FACT; Hodling coins aint as profitable anymore. If one really wants to get that "Lambo" from cryptocurrencies, then you need to fix your mind on daily-weekly trading, because that is what everyone else is doing right now.

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