By making mistakes I have learned a lot throughout the years but all that information snowballs into a couple of main lessons, when I started researching Bitcoin as a financial system back in 2012 and believe me when I say it was a rough road to travel on...
The main lesson I've learned is that Bitcoin is here to stay. It's not going anywhere, and as soon as I've painfully learned that truth I started investing and kept on learning even more..
As everything in life that has a connection to money and a way for financial freedom we can all agree that around 70% of the people investing or that are involved in cryptocurrency are here to earn a living or just make more money and stack it up into their portfolio, in which case that leaves around 30% of people that cryptocurrency can make all of our lived easier and have dedicated A LOT of energy, thinking and development hours into creating use cases and promoting the ease of use that cryptocurrency could bring to our everyday lives.
That being said those 70% of the community will always be looking to earn more, even if that means manipulating the market to some degree, but the thing is that you can manipulate the market just so much when the true path is clear in this case that cryptocurrency use cases and real world adoptions are growing steadily but surely.
A time will come when enough people own cryptocurrency that those so called "whales" wont have any influence in manipulating the market by selling their shares of the Bitcoin value ... Since that was the whole concept at the first place when Bitcoin was created as a proof of work concept when you couldnt just buy it for a lower price one day and sell it for more tomorrow and just repeat that cycle by manipulating human emotions in a pretty evil way...
âThe main thing I have learned is to always keep buying more when the markets are red, since that is the main strategy of BOT users and crypto bilionaires and to this day I still wait to be prooven wrong !
âWhile you can take some profits when the market is green for basic living needs and luxuries you have to thread carefully since nobody actually knows when the price will burst into the sky, maybe It's just going to be after some app gains mega poppularity and it just may use crypto in it's services, or it may be even a bank or a credit card that starts using it which would be a huge and momentary mass adoption method.
The bottom line is this, if you are scared when the price moves sorry to say but you have character issues and you should work on yourself much more by realizing that external factors should never manipulate your internal feeling especially money or in this case crypto which are just numbers on a screen !
I hope this message reaches to a wider audience since I am pretty tired honestly and I got some empathy left for all those human beings posting about their losses on my Binance homepage, crying out for help to get someone to tell them what to do because their life savings are getting liquidated.
You must understand that Futures trading is just like gambling and when you are opening a futures account you are specifically given a notice and even a questionaire, if you somehow magically passed that without understanding what you are doing I am sorry but it's your fault now that you are loosing money and it's influencing the cryptocurrencies negatively by spreading the feeling that cryptocurrencies are a scam, oh no they are going to 0 because you gambled all your money thinking you had a vision sent by God and you just knew when the price would drop or increase, sorry but are you mentally stable ?
And guess what, even if the dollar does crash, what currency do you think everything is going to transfer to ? Maybe It's gonna be either Indian Rupees or Bitcoin, but I'll let you answer that for yourself đ
Whatever the case might be I hope you pull out some usefull information from this post and enjoy your life for a second, breathe in that fresh air and have a glass of water heck have a beer if that rocks your bubble.
Happy INVESTING and cheers to another year in which Bitcoin didnt dissapear đđ”
