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RE: Just a friendly reminder from an old-timer: psychologically prepare yourself for the crash before it happens.

in #steemit7 years ago

The volatility will stay crazy but I'm not sure, if it will drop below 1000$. The most important reason is that the Dollar will inflate with the next meltdown of the global economy, but it seems also to be the case that all crypto currencies rely on Bitcoin as general intermedium. No matter what crypto you want to purchase,you have to go over Bitcoin. I am not sure if that is true (someone pointed that out) but if it is then Bitcoin is already the universal crypto reserve currency with a basically guaranteed existence of constant value increases.

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yea bitcoin is mother currency in crypto world!

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