Join 91,629 users already on read.cash

When My Own Mindset Is Working Against Others

0 32 exc
Avatar for chrishoffman
Written by   45
1 year ago

Yesterday I came across this tweet that caught my eye. An estimate based on the technical analysis of Michaël van de Poppe, a full-time trader, technical analyst and coach from the Amsterdam Stock Exchange.

Considering that BTC is $ 57,900, ETH is $ 2,900, DOT is $ 38, ChainLink is $ 39 and so on, these numbers look great if your bags are full. He says 2022 and 2023 are on top, but even so, it will be great compared to what we are now.

So according to his estimation, we still have a good year or two to get there, or when we approach this level, obviously nobody knows what the future will bring.

Crypto

Those who have been in crypto for a while know how this world works. Bitcoin has been around for a decade and we've seen ups and downs, and this is basically true of every possible coin, except those that only have dips or no movement at all.

Some are traders, some are hodlers, some are not in crypto at all, so we have a different mindset. Some are getting into crypto money early, and many are now very rich. This proves that you can get rich if you do it right. Bitcoin and others are being accepted by big players and will soon take over crypto fiat.

Mentality

It's interesting to see how people see things and how some think about the situation.

Some people think you missed the train if you don't have cryptocurrencies, especially Bitcoin. If you didn't buy BTC when it was under $ 1K or $ 2K, they say it's not worth it as it's too expensive now.

I see this mentality also in Hive. If you're not an early adopter, you're a loser. If you didn't buy this token at $ 0.05, you missed the train.

The funny thing is that you see them send the coin to the moon in hopes of reaching $ 10 or better on each platform. The other funny thing is we want mass adoption, mass acclimation.

The truth is, crypto is jumping funny. This is the BTC chart just to give an example. There are ups and downs, there is always a retreat, there are higher highs, lower lows, and that's how it works.

The Bitcoin Cash (BCH) map isn't much better either, it looks like a roller coaster ride and we know why.

That's exactly why crypto is good. Buy the red, sell the green, remember? This is an opportunity to buy cheap and sell later or invest in any way you can. Volatility is good if you know how to use it to your advantage.

I wish this mindset will change over time. If we want to change the world and involve everyone, we have to admit that those who join later cannot buy cheaply or as cheaply as early adopters. We must understand that not everyone is rich in order to be able to invest in every possible coin when it launches.

Also, crypto means much more than buying early and waiting. In a few years, you will see big changes as institutions join. It's time to study crypto, and the sooner the better.

Crypto could mean your financial future, but it's not for closed minded people who think it's a single opportunity and if you miss out, you're out. Someone has to buy what you sell to make a profit.

This is a process and I think it takes time to change people's minds. Fortunately these people are not the majority, otherwise there would be no market. It's time to wake up and see everything as it is. The old financial system is outdated, it's time for a new financial system.

I am waiting for your comments and likes about my writing and views.

5
$ 0.85
$ 0.85 from @TheRandomRewarder
Avatar for chrishoffman
Written by   45
1 year ago
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.

Comments