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November 10, 2020, 11:21:30 AM |
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This makes sense. Back in 2017, when bitcoin hit its all time high, 80-90% of the people did not really understand what bitcoin is and they only cared about the possibility of earning money with bitcoin. And as the result, many people obliviously invest their money without listening to bitcoin veteran. Then, they lost a lot of money when the uptrend disrupted.
Because of that reason, many people abandon bitcoin forever, some even claim that bitcoin is a scamming scheme. Hence, the current uptrend is solely created by bitcoin enthusiasts, veteran investors as well as big companies, big firms.
However, sooner or later, this behavior will draw attention from the people. Greed will once against be born inside them and I hope that they will not be consumed like they were in 2017. If everything goes on that way, we will witness again the biggest bull run ever in the history of the cryptocurrency.
Cheers
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