FOOD FOR THOUGHT

in #coinmarket7 years ago (edited)

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<p dir="auto">  <p dir="auto"><br /> <p dir="auto">  <h2>EVERY ONCE IN A WHILE - Mental Preparation <p dir="auto"><br /> Now that everything is on the up again to levels which the market has last seen in mid-June 2017 I<br /> may would like to throw in some congnitive scenario planning to feel a little more sure about your<br /> investments in times it doesn ́t look like all celebratory. Especially when you are in it for the long<br /> run because there are going to be downtimes over and over again.<br /> For me personally it helps writing about what is on my mind but what is also cryptosphere ́s<br /> common sense too. That once an entire market takes off parabolically at some point there is no<br /> other way but down - usually leading to mass panic selling and therefore further crashing the market.<br /> Remembering statements of leading crypto commentators where they said BITCOIN is going to<br /> <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><strong>5000-6000 $ this year to shortly after go back to the<a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><strong> 2000 $<strong> range are still echoing in my head.<br /> And surely the market will see those major kinds of backdrops.<br /> How often did BITCOIN loose almost up to 90% of its value before? I think the number is<br /> somewhere around 10 times.<br /> Following Bitcoins price history and applying it to todays worth if BITCOIN (app. 4500$) we could<br /> see it go all the way down to<strong> <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><strong>450 $<strong> again which the market last saw around the spring/summer of<br /> last year (May 2016). So really not a long time ago at all. <p dir="auto">Concerning this kind of horror scenario there are upsides to it.<br /> <strong>FIRST:<br /> WHEN YOU`LL EVER HAVE THE CHANC TO PICK UP SOME BITCOINS THAT  <br /> DIRT CHEAP?<br /> <strong>SECOND:<br /> NOW THAT YOU KNOW HOW HIGH IT CAN GO ONE CAN BE QUITE OPTIMISTIC<br /> ABOUT THE POSSIBLE 10 times GAINS/PROFITS THAT YOU CAN ACHIEVE LATER ON<br /> (WHEN GETTING BTC AT SUCH A DISCOUNT).<br /> <strong>THIRD:<br /> PEOPLE THAT WERE HESITANT TO GET IN THE FIRST TIME WOULD IN THAT CASE<br /> GET ANOTHER CHANCE TO BE PART OF THE CRYPTOSPHERE<br /> <p dir="auto"><strong>USEFUL LINK TO A GOOD PREPARATIONAL VIDEO:<br /> CHRIS DUNN-EARLY CRYPTO INVESTOR<br /> <a href="https://www.youtube.com/watch?v=-SEIxadvMrI" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">https://www.youtube.com/watch?v=-SEIxadvMrI <h2><a href="https://www.youtube.com/watch?v=-SEIxadvMrI" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"><code><br /> <code><strong>As of always thank you for reading, commenting and resteeming my content and stay CRYPTUNED!! As a cryptoenthusiast I wouldn´t mind you donating whatever amount the informations seem worth to you. Here are my addresses :  <p dir="auto">♥ ETH: 0x3483889ce1b7e2f8c01313cf9464064b93163ec0  <p dir="auto">♥ BTC: 1Dcui9ULMxUpMfGTTQU8Gb2WfPn9orjFtS  <p dir="auto">♥ LTC: LNkfL4x8fkR9BaHBsNzRmTnheLzMTEhGY <p dir="auto">♥ Dash: Xe9zHUQgxBR4Fsnj78oSGiFs53LDYBbbNo  <p dir="auto">♥ ETC: 0xce15aa840c952b1ae55446591372266a0f6e5e7a  <p dir="auto">♥ ZEC: t1QMLpmauWd88acksp5JYwRtg9VPQMpScfD  <p dir="auto">♥ DGE: D9XeQjwtwVxG8E4pPGvixMqF9EzUzvWDHB  <p dir="auto">♦ BUY CRYPTOCURRENCY AT COINBASE  <p dir="auto">   <a href="https:// www.coinbase.com" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link"> www.coinbase.com  <p dir="auto">♦ Recommended Wallet: <a href="https://www.amazon.de/Ledger-Nano-Bitcoin-Ethereum-Hardware/dp/B01J66NF46" target="_blank" rel="nofollow noreferrer noopener" title="This link will take you away from hive.blog" class="external_link">LEDGER NANO S  <p dir="auto"> <br /> <p dir="auto">