Message from @comcast
Discord ID: 408866058875830282
the problem isn't with bitcoin, blockchain, eth, whatever
the problem is it grew way too quickly
btc will hit 20k. probably within the year, but maybe not
whether it does or doesn't do it this year -
blockchain technologies are going to fundamentally change a lot of industries
look especially at blockchian techs besides bitcoin
some of the best people from every industry are working on blockchain projects , and they are there because there's insane fucking money there
look at what VEN is doing, for example
look at what they are really set out to do, as a whole
crypto has never been just internet gambling points
& people who say that kind of thing with conviction are morons
every day new players enter crypto., some get scammed out of their money, it's unfortunately easy to learn the hard way on that one
but the numbers dont lie. every day new consumers enter, every day exchanges can handle more people
this correction happened because we overbought
these projects are still very young
but ultimately anyone involved today, if sitll trading altcoins in 5 years time
they will be juuust fine
because the main problem with us buyers wasn't that we were wrong
it's that we were premature
but we were correct in knowing that these technologies are going to shape the future ...... that has not changed
hell
look at bitcoin on a chart
it has seen 'crashes' just like this one
when it went from 2 cents
to 24 cents
whoa holy shit BTC is up to 24! we're rich !
then it crashed down to 12 !!!!
btc was $ 7dollars
it went up to 21 dollars
and crashed to 15
nothing beats fundamental technical analysis.
there's people who saw it coming clear as day
they shorted it
they made money on the crash, after seeing basically the normie FOMO that took place
& a lot of wall street was there too but you know what I mean
most wall street money is still not in
compared to fiat, crypto in the US still has a ton of room to grow. & it will
if you're patient, ride out the storm, you'll be ok. it's going to suck.
it may be a long storm
but during that time important things will happen