Cryptocurreny on a downward scale: Observing from my cryptocurrency watch desk
For some time now I have not bothered to look at the market, not just because I am very rich but because I need peace of mind or rather still I don't want any thing that will triggered my heart into over thinking. It is not easy keeping up with the peace of mind here, I have watched and see how cryptocurrency behaves and I knows that if one is not careful enough you will ruin your peace of mind. What is the essence of being rich while your health is in total chaos? For a better tomorrow such life is not needed but nonetheless we can't do without checking up on our investment.
I talked about cryptocurrency almost all the time because I know for sure that the life we are enjoying today or the rate at which 70% of humans can boast of being rich today is all coming from cryptocurrency. There is every tendency that we should appreciate this great tool or medium all the time. I know how the lives of people who have no hope got changed through cryptocurrency, there no way we can stop appreciating what cryptocurrency has done in our lives I must admit.
I decided to check on my small portfolio today because of some stuff I need to settled and I saw the heavy drop in almost all the price of tokens. My mind triggered to back in the days and I became worried. I know how I have preached about cryptocurrency and it uncertainties. There is nothing certain here so if you are doing anything you have to apply wisdom or you will get burnt along the line.
When I was new to cryptocurreny all my thought is that once a token keeps rising there is every tendency that it will never drop in price again. As I understand cryptocurreny the more, I understand that things doesn't works like that, there is every tendency that a point in time there will surely be retract in price of things. I maintained this position and with that I decided to go into posting by educating young newbies or the general public that cryptocurrency is not for the faint hearted but while doing this or on this race, we should knows that the cryptoccurrency world is full of uncertainties. A dead coin today can make people rich while the coin you thinks will change your life for the best won't even do a shit. We have seen such scenario's all the time but despite that when it happens you have to be focus and knows what you are doing instead of trying to take part and at the end got burnt.
When such scenario's happens at time it is better you use your number 6 because the people that will enjoy such pump are those who hold for long. They don't have to buy at a rate that is that costly again, all they have to do is use the advantage they have by selling while those that came in recently became the new holders. This is how the market works at times. Just like what I said you should knows when to invest and when to back off, there is every tendency that you can't commit your life to this space all the time. There is something in the world that you need to keep up with which is also bigger than our powers. While trying to make a living from this space you have to knows that we are surrounded by uncertainties, no coin can guarranty you your break through in life, you just have to keep pushing and along the line that day will come and your life will change for ever.
This post was triggered by what I am seeing in the market, if we are not careful enough I am sure we will fall more when it comes to drop in prices of token but trust me, this can't be worst than what we have seen in the year 2017. This is because of the people that embraced cryptocurrency recently. Don't in any way follows my advice, remember that nobody is perfect in this space. I always said that whatsoever decisions that you make today will impact your life positively tomorrow. Just know when to key in and key out. Enjoy your day as we hope for greener days.
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