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It's scary to me when i hear that all the gold in the world is valued at around 17 Trillion dollars, yet the top 10 corporates in the united states are valued at 18 Trillion dollars. It means, that most of our money is not backed by anything, just air. #N4G
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S&P500 When it reaches 6,600 points "orange line", i fear the worse. #N4G
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Fiat currency,. Fiat is a latin word means currency that is circulating by force, if people have confidence in their currency, and if there is enough government force that will enable the currency to circulate to a period of time until people loose confidence in the currency. #N4G
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If you checked my profile on binance square, you would see that i had been around here for 3 years, and from my experience, around this time of the year, where things doesn't look good, you will start having dark thoughts, thoughts like "I would never recover my portfolio, how come my assets would do a 100% gains, ..." If you wait and hold your assets dearly, and avoid those thoughts of selling, or false hopes of swapping your tokens for others that you heard or read that they will do 1000% gains, you will be just fine. From my experience, in crypto, it's a time game, not a trading one. Yeah, of course if you know how to trade you would save yourself a lot of time, but if you have patience, win is a guarantee, so, if you happen to read this, stay strong and don't sell. #N4G
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For those who loose hope in crypto, For those who say "I lost 50-60-70%" of my portfolio For those who say "I'll never make it back, leading them to do stupid decisions. Look at $BAKE , 82% gains in 1 day. That's how easy you can get your money back. Just don't sell. #N4G
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