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RE: I'VE NEVER BEEN SO BULLISH as I am today. What about you?

in Project HOPE4 years ago

somewhat bullish , in the long term definitely good money for the grandkids (if i had any) - in the short term ... if you're around since satoshi was mining it on cpu , you know by now there is no short term for crypto, thats why they call it whales

its a term from gambling, poker probably

some people got really lucky on a short-term "bet"

but that makes it just that

the market made an 11% run on what i call "the global basket" after

  • china banned it
  • powel said "we wont"

these tend to be the driving factors, other than that people like vitalsky (as i call 'im , no disrespect for the mans abilities but i dont think ETH is technically speaking "the" excrement of planet crypton)
who seem to be great at making everyone believe

and dopamine has sold everything from religion to 40 years of working for a loan and thinking its a blessing

...

so the short version : HODL , buy now and flip tomorrow is a bad idea of investment , especially on crypton but i think its what the whales count on mostly

the FUD

:)

this probably doesnt help much but i dont like those "BTC will get 1 million by next year" people

the HYPE

but they're a necessary evil

i think if you buy some now you wont regret it

IF

if

if

you can afford to hold it

otherwise its always a gamble

investing, especially crypto in the baby-state its still in should not be done with money you cant afford to waste

its NOT a waste but you CAN lose it although im quite convinced most people who make loss buy in at the absolute top or else panic-sell too fast (maybe b/c they put in money that was saved for something else = always bad idea)

personally i say : dont invest with anything you cant afford to flush down the toilet

if you need it for food, or the kids college fund : dont do it

if you need it for rims for your car ?

BUY CRYPTO (lol)

...

(the usual me-style answer, my good man @crypto.piotr but at least its an honest one, ... i hope you dont mind the small contribution of the chaotic mind)


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 4 years ago 

Thanks for taking the time to visit my publication and share your thoughts @tyrnannoght
Cheeers :)

you know by now there is no short term for crypto

Well. I do disagree with you. But I guess it depends on point of view. When we talk about short or long term, then most people would understand what do we mean by that. Saying that there is no such a think as short term doesn't sound right to me. In that case we should say that there is no such a think as long term either :P

ps.

the usual me-style answer, my good man

I found your style of answers a bit chaotic and not easy to read. But I still appreciate it :)

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