Layman's understanding of BTC: How Sharks Play on a Pond

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Avatar for EvilWillow
3 years ago
Topics: Bitcoin

As much as possible, I don't like to dwell deeper on cryptocurrency but as I gain more BCH, I started to be aware of its value in the market.

If you are familiar with the current controversy about Elon Musk, the founder of Tesla company, then might as well share your thoughts below and correct me if I'm wrong.

It all started with a meme on december 2020, on it was Elon Musk, tempted to buy bitcoin. This meme sparked a 15% increase on bitcoin. The increase is good for those who already have stocks but how about those neophytes investor who just now plan to buy some share? Of course it would be a loss :))

Imagine, just a word and the world moves in accordance? I just wish I have that kind of influence, and of course it all comes down to money.

Experts says that it is a form of market manipulation and as someone with a background in economics, I understood some part of the aftermath. Well, this is just how the world work I guess.

Oh well, what a powerful lass. Even I was tempted to buy 3 BCH in fright that Musk's action would also be reflected on BCH. I am also not familiar with dogecoin but reading more of this articles makes me delve with it's potential. I'll watch more crypto in youtube and hope to share more professional view about bitcoin. I'm also kind of disappointed because I can't find the right terms in discussing bitcoin haha. In truth, my view about crypto is simply by using it as a wallet but now, the word "Investment" is not bad to adapt. I'll share more after I gain more fruitful experience in doing bitcoin.

As someone who doesn't have much money, risking 30 thousand pesos is a big hit for me but why not if I can use this loss for the betterment of my experience?

Share your thoughts below :))

Writing while delving deeper into cryptocurrency, EvilWillow πŸ‘€

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$ 0.27 from @TheRandomRewarder
Avatar for EvilWillow
3 years ago
Topics: Bitcoin

Comments

I think minamanipulate talaga ng iilan ang pagtaas at pagbaba ng cryptocurrency. At tama ka, advantage talaga kung may pambili ka at sasabay sa agos di ba. Pero kaming mga wala, sana all na langπŸ˜‚πŸ˜‚

$ 0.00
3 years ago

kaya nga titawap, tagasanaol nalang tayo huhu. Sila sila rin nakikinabang. Napakasad huehue. Pati nga daw po tung BCH may potential na mas tumaas pa in future years kaya natetemp talaga akong bumili habang mas maaga, kaso butas ang bulsa wahahahahha

$ 0.00
3 years ago

No need to buy na, ipunin mo lang un naeearn mo dito, ok na yun...

$ 0.00
3 years ago

Oo nga po tita a, atleast meron hahaha

$ 0.00
3 years ago