I see in the last couple months roughly a flood of new users showing up.
You new guys are at risk !
My advice for you is.. be honest & sincere.
I am not saying that to defend morality but because i think it's your safest bet trading.
I am looking out for you all here whether you realize it or not.
You all need to recognize a bubble when you see one and realize it HAS to pop eventually.
During the big rush in late 2013 things went nuts !
ALL coins sky rocketed like crazy.. but it didn't last.
It stopped and slowed and went in reverse price wise overall.
Why ?
Because new users showing up slowed to a crawl.
That has a domino effect of crashing prices and trapped bag-holders.
So i am telling to be smart and watch for the signs of the bubble popping.
And make your plans ahead of time.. so you know what to do and when.
The coins that will be least likely to crash as bad are the ones that are more credible.
You all get to decide which those are..
Be smart.. don't be overwhelmed with greed.
Sometimes you need to sell and not worry about getting a little more etc.
Don't be a pig !
I seen guys complaining they were trapped in shitty coins losing tons of money before.
It happens and it will happen again !
I would start to worry if you see signs of the flow of new users drying up.
Because not long after that prices will start sliding down hard !
Do you have plans for that ?
Some of you think the surge of new users will keep going on forever.. but it won't trust me.
Hate me.. disagree with me but realize i am just trying to get you all to be cautious and take a sincere honest route with this stuff because it's going to be your best bet profit wise and best for crypto in general too.
Good luck.. you are going to need it !
What goes up must come down.
You new guys are at risk !
My advice for you is.. be honest & sincere.
I am not saying that to defend morality but because i think it's your safest bet trading.
I am looking out for you all here whether you realize it or not.
You all need to recognize a bubble when you see one and realize it HAS to pop eventually.
During the big rush in late 2013 things went nuts !
ALL coins sky rocketed like crazy.. but it didn't last.
It stopped and slowed and went in reverse price wise overall.
Why ?
Because new users showing up slowed to a crawl.
That has a domino effect of crashing prices and trapped bag-holders.
So i am telling to be smart and watch for the signs of the bubble popping.
And make your plans ahead of time.. so you know what to do and when.
The coins that will be least likely to crash as bad are the ones that are more credible.
You all get to decide which those are..
Be smart.. don't be overwhelmed with greed.
Sometimes you need to sell and not worry about getting a little more etc.
Don't be a pig !
I seen guys complaining they were trapped in shitty coins losing tons of money before.
It happens and it will happen again !
I would start to worry if you see signs of the flow of new users drying up.
Because not long after that prices will start sliding down hard !
Do you have plans for that ?
Some of you think the surge of new users will keep going on forever.. but it won't trust me.
Hate me.. disagree with me but realize i am just trying to get you all to be cautious and take a sincere honest route with this stuff because it's going to be your best bet profit wise and best for crypto in general too.
Good luck.. you are going to need it !
What goes up must come down.
You are 100% right about what happened in 2013-2014, I was there and remember very well.
BUT, I may be wrong, this time it MAY not happen. It was Bitcoin that was free falling because of MtGox, that what was causing the domino effect.
This time, there is some good alts that can survive well even if Bitcoin start falling in price.