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Title: Death of the investor Post by: The Crypto Peasant on April 20, 2018, 09:33:33 AM The first time I purchased bitcoin was to buy some Ant shares when it was 30c in OCT 2016.
Whenever anyone hears that from my mouth they always say oh you got lucky, you must be rich blah blah blah After I purchased it dipped down to 20c and down again to 12c for the remainder of that year and has taken a while to be where it is today (i do release it still has seen huge returns compared to other currencies in a period of time). I am growing more and more tired recently of the "is crypto dead", 'When moon", "when Lambo" comments, as well as all the other comments we have lately been seeing lately, I'm sure anyone that has been around for a similar amount of time or even since June last year knows what I am talking about and has seen very similar market situations that we are having now. Sorry just felt like having a rant and feel that the biggest problem in cryptocurrency right now are the people not willing to research and learn about the products they invest in and are focused on what seems to be a want to get rich overnight. Rant over hahah Title: Re: Death of the investor Post by: LtMotioN on April 20, 2018, 09:44:49 AM Well I fully agree, I myself only got in last year November ish. I found it really funny how everyone at my office just though bitcoins main attribute is "it goes up in value". Everyone only wanted to buy bitcoin last year thinking they will be millionaires in a few months.
This year thus far has been insane though, we saw that massive altcoin boom early Jan, and then it all went to s**t. I think most of the "When moon/lambo" people have been shaken out. It has become clear that what we experienced this year is nothing new, this has happened a lot in the past and I am happy that I lived through it as one of the new guys. Bitcoin is starting to build more real world value, we are seeing a lot of businesses and industries starting to take note. Soon I think the speculativeness of it will end and with it the Moon/Lambo people. Cause in the end of the day, bitcoin is still easier to pay with than fiat, screw the price. The tech is too good and its here to stay. Title: Re: Death of the investor Post by: The Crypto Peasant on April 20, 2018, 10:03:01 AM Well done on making it through your first bear market (personally dont think we are out of it yet).
Well I fully agree, I myself only got in last year November ish. I found it really funny how everyone at my office just though bitcoins main attribute is "it goes up in value". Everyone only wanted to buy bitcoin last year thinking they will be millionaires in a few months. This year thus far has been insane though, we saw that massive altcoin boom early Jan, and then it all went to s**t. I think most of the "When moon/lambo" people have been shaken out. It has become clear that what we experienced this year is nothing new, this has happened a lot in the past and I am happy that I lived through it as one of the new guys. Bitcoin is starting to build more real world value, we are seeing a lot of businesses and industries starting to take note. Soon I think the speculativeness of it will end and with it the Moon/Lambo people. Cause in the end of the day, bitcoin is still easier to pay with than fiat, screw the price. The tech is too good and its here to stay. Title: Re: Death of the investor Post by: Zeraphine on April 21, 2018, 05:23:43 AM The desire to get rich with no effort is typical of all human beings, no matter whether they try to earn in the sphere of cryptocurrency of any other. It is sad, but it is our reality.
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