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tl;dr lt feels like 2017 all over again!
The 2021 May crash may make your hands feel weak, and 2021 June is looking to be no better, but we've literally been here before!
I was supposed to write about what to do when the world ends but the market kept going down like there was no end!
It may also seem like the FUD is just neverending right now with all those issues with bitcoin.
But let's go back to 2017, to see if there's anything "new":
I will assume that you're hip to the latest in FUD news relating to BTC so I will only link to the 2017 ones.
- The latest flavor of FUD is bitcoin being hackable because of just how much was recovered from the Colonial Pipeline hack ransom money...
- But bitcoin was already hackable in 2017!
- China is banning bitcoin...AGAIN!
- Did l just say again...as in like in 2017?
- Bitcoin causes global warming?!
- Warming the planet since 2017!
- You're gonna have to pay taxes on your bitcoin gains!
- Tax me like it's 2017! (Okay, 2018 this time... but still technically 2017)
- But no, it's just the whales and institutions manipulating the market!
- Manipulating from 2017 still.
- But yeah, only criminals really use bitcoin, anyway.
- Crime does pay the 2017 way.
- But wait! A South American country is here ready to accept bitcoin in a world "first".
- Did you say, "South America", and "first", just like in 2017?
- And institutions are now accepting bitcoin.
- Same institutions from 2017?
In summary, we're all just living in bitcoin's 2017...and it feels just like Apple getting new features that Android has had, for years (kinda feels better...for some).
P.S. lt wouldnt be crypto without Elon Musk FUD...in 2017...
https://www.google.com/amp/s/fortune.com/2017/11/28/elon-musk-lost-bitcoin/amp/
Oh yeah, feel free to hold on for dear life to your coins. Hope your hands don't feel as weak now.
