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Stop worrying about Cryptocurrency Price Author Topic: Stop worrying about Cryptocurrency Price  (Read 22484 times)

Offline uzair

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Stop worrying about Cryptocurrency Price
Stop worrying about Cryptocurrency Price
« on: August 29, 2018, 08:15:35 PM »
Crypto price is heavily driven by news and now large trading institutions that have the ability to manipulate price with high frequency buy/sell/cancel orders.  This is normal.

Seriously, crypto is not for you if:

1.   you are looking for short term gains and need to get your investment back in the short term
2.   you are checking the price every 5 minutes
3.   you cannot afford to lose your investment.

Many will panic sell.  This is also normal and will have minimal impact on the price compared to major investment sell-offs, which is unlikely, except to leverage an even better price. Others will be using this opportunity to buy.

There are only 2 legitimate threats to crypto:

1.   Widespread government/bank regulation or prohibition
2.   Big players and powers that be manipulating price like they have done with gold and silver for the last decade.
« Last Edit: November 09, 2018, 11:35:20 AM by Crypto »

Offline btcsmartads

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Stop worrying about Cryptocurrency Price
Re: Stop worrying
« Reply #1 on: October 05, 2018, 12:51:18 AM »
Agree :)


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