Crypto Emotions.

in #haijin7 years ago (edited)

So you've been hearing about all of the crazy news within the crypto-sphere for quite some time now, maybe even for what you would consider as too long when taking into consideration the point which you could have, should have but didn't enter the market. However, finally you have!

(Doubt)
If you're like a lot of people, you had known about the crypto-sphere mostly due to Bitcoin & how it was used in illegal online transactions such as through the original Silk Road network etc etc & you hardly had any faith in regards to any kind of total legitimacy behind the technology so you pushed it aside in regards to considering it as a true investment opportunity. A couple months or even years down the track you see it come up slowly but constantly in discussion, whether it be due to a friend or even an internet personality but still you think that it's all too good to be true so you push it aside yet again!

Finally it enough had become enough & Bitcoin was everywhere, being accepted as payments, you see the very first ATM launched and yet it STILL seems too good to be true. With all of this in your head you choose to take your very first official step into the crypto-sphere & you do some research in regards to what all the latest news is & where people see the future of Bitcoin as well as some of the other alt coins plan on going within the next 5-10 years & you can't help but feel deeply excited. The next step you make is finding out which exchange you can trust when looking to buy your very first share of Bitcoin & if you're anything like me, some of the identity verification steps on some of the exchanges came across as quite over the top although your excitement pushed you through it anyway.

(Excitement)
BOOM! Congratulations, you've just bought your very first share of the crypto-market & most likely at a high considering the chances of you buying in at the same time as a lot of other new-comers is quite significant.

(Confidence)
After buying your first Bitcoin you decide to do some research into finding out whether or not there are any groups or rather communities that have joined for the soul purpose of trading these trending currencies. You come across a few & finally one that you like. It's filled with so many "experts" or rather "veteran" traders so it's definitely promising. In the groups you see a lot of people talking about their investment strategies & how some traders are managing more than 100% gains so now your excitement has just been struck by 30 pounds of boost & you're really feeling like you're about to cream it. You start making huge life decisions ahead of time such as where to purchase your vacation home, what colour your Lambo's going to be & all of this other outrageous things, simply because, if they can do it, why can't you? I mean, we're all human, right?

(Frustation)
Moving forward you come across a lot of the lads mentioned a specific coin to the point where everyone's convinced that it's going to go to the moon & that it doesn't just have people lining up at the door to buy it but also around the corner. So you think to yourself, hmmm this could it hey? Could this be the week that I cash in for the Lambo? By the time you made your mind up, it's too late. You've just missed the 300% rise & it's just done a full retrace of 60%, the Lambo opportunity has gone because you were too skeptical yet again. Everyone's loving the gains but you. So you do your research into some other coins & you take the liberty of researching the next big pump.

(Contentment)
Finally your portfolio starts picking up some true momentum & you're officially on your way to acquiring some 'Rarri's & Rovers. The learning curve as well as all the mixed emotions that you came across along the way were worth every moment & you are now satisfied with the outcomes. You did it, you took a leap into the previous unknown & with a bright & clear future in front of you.

TheRichest

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Buy a few promising coins like BTC, ETH, LTC, Monero, Dash, ... etc and save them in a hardware wallet. Turn off the financial news on cryptos and go on with your daily life. Life will be a better one by 2020.

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