Message from @comcast
Discord ID: 408869369314148353
& 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
development for cryptocurrency entry points will continue rapidly
because think about it, it's still not even easy for the majority of people to do !
people are lazy these days. they want to log on to FB and link their credit card to your website via stripe
two-click crypto purchase
that's what they want
and it's what they will have
because entry points are forming
exchanges, another chokepoint
do you remember bittrex & binance had to close registration for a period of time ???
believe me. it's the last thing they wanted to do
if a business has to close it's doors because it can't meet demand, there is a serious scaling failure there
and these are fucking **massive** exchanges
their fucking servers caught fire, so mnay people were using them
so the problem isn't that the tech isn't the future
the problem is that we spent our money on **young ** tech
the only thing we had wrong was it's age
not ready for mass adoption just yet
so it's gonna suck ass for a bit
be slow
one day it will turn. and that fomo will be absolutely retarded. and after that
it will correct again, at some point
and ppl will say
>man you remember when btc was 30k ? I should have sold
>now im sstuck @ fucking 21k dude fuck btc
it's our fault for getting into an investment and then letting it lose 40% of it's value without selling sooner
valuable fucking lesson, unfortunately
i thought I knew it
nope
learned it the hard way
so i recommend one of two things
cut losses, take your loss and avoid investments that are beyond your scope & out of your wheelhouse. only invest with money you can lose
or
hold out because the market will return. take the lesson but really do learn from it. buy smarter. use stop losses. protect investments. get out of bad investments at 8% loss to avoid taking a 50% loss. ONLY BUY LOW and sell that motherfucker high.
but it's hard to distance emotion from rationality when it comes to trading. it really is fucking hard. if you can't do it then the first is probably the better option. nothing wrong with it at all.