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RE: Why I'm Negative on Bitcoin

in #bitcoin7 years ago

Good to know you are here on steemit.
You are one of the people that isnt delusional about the cryptos.
Like you said, we are all betting on what bitcoin might be, and in the end we dont have any parameter to evaluate the true value of the cryptos.
Keep your good work!

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Yes - far too many people that are certain in a world of uncertainties. Many of these people likely would be better off with blockchain jobs rather than investing because those jobs let you take that passion and put it to good work. Or invest directly into blockchain related companies or efforts that support Bitcoin. Passion with investing tends to lead to extreme results - both good and bad.

Usually bad ones.
Its been around 6 months i started to learn more about How the market Works(one month with cryptos), and see If i can do something with It, and one thing that i see now and then that always strikes me is that affirmation that "If most of the people lose money on the market, the best thing to do is the opposite of what everyone is doing"
I bought a small amount of BTC but what i think i am seeing is the announcement If the first crypto catastrophe.
Cryptos technology definetly wont end, but maybe a big hit is betting closer everyday...
But maybe not. Who knows?