Long term, short term is worth every consideration before making any investment consideration because anything could go wrong at least doing your research could bring into light was not easily noticeable. There's an event that gets me laughing which is something we do very well over here when there's a new money making venture that just gets known which is cryptocurrency. The tactics exactly is the use the bland and future to get people in. Anyway, it's not about how people take advantage of others.
The long term mentality plays more because that's when profit is made more. Recalling when I started on buying my first crypto, something in me was always waiting in me to see on astronomical explosion in price but what I witness was slow movements which brought about gradual understanding.
Lots of patience is required in crypto it certainly is nothing like the image that had been made before joining the bandwagon.
Life itself is a journey with its up and down, uncertainty and progression. Crypto is certainly synonymous in which they both under the users authority.
For life, there's a choice and for crypto there decentralization.
Mentality VS Reality
The beginning of any conception starts with thoughts of solving a problem, when there's no problem then no solution is required. Crypto is the future and everyone holds a mentality that gradually builds a reality that becomes irrefutable.
A quick one is what mentality dis you possess of crypto compared what the reality is right now.
There are two pictures in opposite directions, fast and slow would suffice now. The mentality I had when I DCA to buy my first crypto on Luno which was ₦8,500 before federal government ban which increased toover ₦28,000. Truth is I can't recall the exact numbers and turn out exaggerating the amount and you already know how little it was. The result however didn't happen immediately or almost immediately. It happened instantaneously so you always there to get the best. I'm only realising I sold at at extremely loss not because of FUD rather it was survival.
What I Realise Today
It's simple, crypto is a long term game one that is rewards shouldn't be seek now. Really, when buying especially crypto, price is certain to keep increasing creating ATH on the way. It's just as I wrote yesterday, you don't know what you don't know. When you realise that the world of digital currency is bigger than imagined, there always one being built as more are crumbling. Sticking with the truly decentralized chains and stay secure from impertinent losses.
Just A Picture
119,000 Bitcoin in August 2016 after six years is 4.5B how ridiculous could that be.
Numbers certainly don't lie.
Bitfinex hack was just a theft for the future. Living the best life today and doing the best for tomorrow is a sure proof of consciousness to what is decided. Just know that the end justifies the means.
$576 in August 2016 became $38k in February 2022 when the hackers were caught in New York City.
Crypto is patience and timing. Make use of time and be rewarded.
Thanks for visiting my blog, till next time.
Crypto is really about patience and timing.
It's long term
We can look for other other short term ways to make money so to buy time and watch our crypto currency grow
That's just the element required to be spurred...