The Crypto Market In Psychology Reasoning

Hi, folks!

When you receive some notification or check out some indicators, some reflection comes to being and you begin to analyze your starting point.

Pixabay: Bitcoin Business Technology By TheDigitalArtist

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Why this reasoning from you samest? Well, noticing a series of discussions, analysis in the world of crypto I came to a conclusion about the whole thing this morning. Let me share with you the mind from a psychology perceptive:

Its your understanding that determine your stand by samest

Bitcoin presently going towards the trend of $3,500 and this brought about panic in the crypto market. Some analyst or trader will always say this is the right time to buy, its look somehow to me but again at some point it makes sense. The bloody drop has made many starts to compare Gold with Bitcoin and this is weird due to the understanding I have about this two assets. This two asset has no correlation but people will always compare them with one another.

See this little review:

Far back 2011, Gold declined from $1,800 to $1,200 which from my calculation in percentage 33% as against bitcoin that increase from $30 to $4,200 if we look at it from that 2011 that's over 13,700 percent increment in past 7 years.

Also, it was shown that the price of Gold has not increased in the past year and the crypto market has suffered 5th biggest correction to date. Gold is still within the range $1,220.

Despite the fact that the price of cryptocurrencies have fallen and Gold still retains its price, if you look at the Gold standard it has fallen also.

Pixabay: Blockchain Cryptocurrency Bitcoin By TheDigitalArtist

Why This Review?

This review between both assets makes me flash back to what keep me going in the crypto world and that is Self Investment.

The belief of every investor is to declare profit every year and if you end up a year with a loss, is either your calculation is wrong or you miss it somewhere. Investment with cool profit most times are usually long-term but many of us believe so much in immediate gratification as I shared in The Effect Called Akrasia.

From the understanding I have and friends I mingle with, they invest more in crypto and this is due to the fact that we are in millennial reign and many of them believed in long-term investment which has helped them include me a lot. If you look at the trend of the financial market, you will agree with me that it's going towards digitalization so everyone must try and use whatsoever they have more to build more income for themselves and the community in the nearest future. You need to invest in yourself.

How To Invest In This Bloody Crypto Moment

I want to congratulate you if you are reading this post. The opportunity you have to read this many don't have, so this is first moving on how to invest.

Blockchain full with opportunities that will make many to become wealthy if you know your way out and you act smart and mature. Many believe that crypto is fallen let me relent in what I write since the token value has dropped. How will I invest in a token I don't know the future?

Hear me and hear me well! Steemit as one of content reward platform give you an opportunity to share your content and get a reward. If you flash back to Stone Age you understand that without engagement no growth and no reward. The blockchain is about engaging and the more you engage, the more you gain ground and the more reward comes to you. Never think of the value you receive as a result of your actions now, wait for the drop to become an ocean. Don't Stop.

Every platform has a document that bounded the project, fix yourself in and study the trend to follow. Your engagement is a pathway to the place of gold making, get involved.

Your engagement is a pathway to the place of gold making by samest

Friend, get involved by reading business articles, attend business hangout (youtube, discord, live seminars), engage in business chat discussion and ask questions if you don't understand the flow.

Let me end this by saying, most experienced investor always have this believe that Gold is a viable store of value most especially in periods of uncertainty and volatility like we are now but again friends, the trend of financial of blockchain and crypto is expected to be sustained in the long run, Invest, Engage and Get Reward.

Thank you.