As we move into a fresh 2019, I keep getting asked …. Why are some coins dying?
I will have you know that there are some big egos in the blockchain, and all they wanted is their coin and name on coinmarket cap website, so they can tell their friends. That is why I started this newsletter, and having success because we are trying to help people see which coins are good, and which are bad. Its a big job, and we are doing a fantastic job.
Is bitcoin really dying?….
Well, There are 4 main reasons Why do so many people think Bitcoin is dying when such large corporations are jumping in.
Here are the 4 reasons why :-
People are panicking and have lost over 80% of their initial investment in coins and are angry.
People think this is a get rich quick scheme, and it is not. Its high risk asset class and many large financial institutes are staying away.
GREED can kill your future. There are too many people that got greedy, and thought crypto was their “OUT” and all they had on their mind was making millions yahts & a lambo.
To be a good investor you must go against what is ingrained to you in birth. Do not follow the crowd, buy when their is blood on the street, and sell when everyone is panicking to get in.
Realistically the average person in crypto right now jumps on a forum or watches a video on youtube from someone who has absolutely no idea what they are doing or what they are talking about and is being burned.
How many times have we heard people on youtube scream “this is the bottom” since about March 2018. They have been horrifically wrong.
We are seeing one of the biggest technological shifts anyone has see in the business world, [blockchain] and right now there are hardly any proof of use cases for blockchain itself, and that is why prices are so depressed right now.
I could be wrong, but I do believe this is for a season and better prices could be on the way in coming times. Sorry I cannot put a date and time on it. But for now, you need to understand the dynamics of the block chain environment and growing infrastructure is in cave man days.
If you want our AMAZING DAILY UPDATES. Check out our Award Winning Daily Crypto Newsletter Here Analyzing The Crypto Markets For Investors —Click HERE!
Hope these tips help you in 2019 and beyond. Remember this investment motto Here it is. Motto : “Remember the story of the tortoise and the hare? While many investors have ‘sprinted’ toward their investment goals, success is most often found by consistent action, not big action.” So its a remind that slow and steady will win the race when it comes to crypto. Some of the biggest crypto millionaires agreed, and they started where you are!!
Good luck, and happy investing.
Please UPVOTE THIS & SHARE With Your Friends..
Hope this helps. :-)