Friends who just entered crypto a few weeks/months ago are starting to call me and ask me what's going on with their assets, as if I was supposed to know that, why are they loosing money? As if they are actually loosing anything if not selling, because "I said" the best investment available on earth right now is crypto.
Yes, I said that I would not invest money atm in anything else other than crypto and I stand by that statement, but often times people prefer to first jump in the water and afterwards get its temperature. I wasn't too educated either, when I entered crypto, but at least I was stubborn and not fearful. Probably that's why I'm still here.
I've sent them a couple of headlines from the "crypto press" regarding the crypto world right now, so they could better understand the level we've gotten with accepting crypto in our daily lives and hopefully they'll chill.
Only a fool would seek to take profits now
I know that some of you have probably made tons of money already in this bull market, but my take is that we haven't been served dessert yet. We might get into a super cycle which translates to unlimited delicacies and abundance, but what I know for sure is the fun part is yet to come. Hive, by the way, is already creating abundance and millionaires by managing to hold the $1 level that it conquered yesterday.
The third-largest bitcoin whale has made another massive purchase as the asset’s price dumped by $10,000 in a week. That's the first news report I sent to these worried fellows of mine and asked them this simple question: do yo think this entity, which hasn't become the third largest one by mistake, is stupid enough to buy at these levels, or not?
I'd say the question is more than easy to answer... When it comes to making money or building wealth I believe that someone like me, or others alike, should follow what the big players are doing, not what plebs and manipulators are trying to make us do.
LA’s Staples Center to be renamed CRYPTO.COM Arena. That's a $700 million deal and it is supposed that crypto.com has spent about one billion dollars on sports advertising this year. Is that a dumb move? Nope, plebs stay at home and watch sports, plebs will buy CRO, and probably order their crypto.com VISA card, CRO explodes in price and the exchange start cashing in more fees.
Smart money at work...
The government can edit the money database whenever they want." - Elon Musk
Now, if dumb enough to buy DOGE and SHIB and FLOKI based on Elon Musk's shills, why not bother and absorb his wisdom as well. Bitcoin is not transitory, although its dollar valuation is fluctuating, this technology is just starting to make sense, but you know what doesn't make sense... Worrying about your portfolio right now.
Only a fool would sell right now, or someone who's life depends on that crypto money. I don't see any other reason on why being worried about the recent market fluctuation and one's crypto portfolio makes any sense right now... Really.
Ending this post now, I will confess that I had a highly mind consuming day so far and I was actually planning on writing of a different topic, but since these guys managed to pour even more gas on the fire, I said I should address the topic and probably send them the article so they can put the info into perspective.
Thanks for attention,
Initially Posted Using LeoFinance Beta
