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December 06, 2013, 07:30:49 PM |
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Are you new? I'm pretty sure we've picked up some new readers and members of late, due to the coverage Bitcoin has been getting.
If so, this is your first "crash". But not the first crash. Get used to how this feels, what this makes you feel like behaving (e.g. trying to resist the temptation to sell everything), then take stock of what you've learned, think about how you could've behaved differently (for better or worse).
These things make less difference as time goes on, as the number of Bitcoin users and supporters has only grown overall since the "early" adoption days of 2010 and 2011. Just remember the innovation in financial technology (and the uncertainty around how this change will change the world) is what's really driving this thing, the price swings are just ripples on the surface of a lake of possibility.
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