RE: Where are we headed

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(Edited)

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I am bullish on the crypto markets overall. I know that the entire world is going to move to blockchain technology over the next few years. There will be transition times, like now, where there are "corrections" in the market. I have been in crypto for over five years, and the one thing I have heard more than anything else is this: "I wish I would not have sold when I did..." The maxim I go by is this, "when in doubt, zoom out," meaning that when the short-term trends scare you, zoom out your time scale, and almost invariably, the chart is going up...



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I wish I would not have sold when I did

or If only I had bought when it was 200$ lol

That's what I hear all the time as well. I actually never bought any crypto but I discovered them and started by claiming from faucets back in 2014. I remember that the faucets were paying up to 3000 satoshis every claim.

In general people always forget that when you evaluate the price of a good you use a reference currency and for crypto most of the time it's the USD. What people are often not aware of is that if you look at the buying power of USD over the past, well it hasn't really gone up. On the contrary. Deducting from that, we just need to keep the crypto, stake them and wait until the USD looses some more of its purchasing power. Not much we can do wrong :-)

!ENGAGE 20

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Yeah I never really knew about faucets (still don't). I started on Steemit, then got a SHA-256 ASIC miner and kinda went from there.

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That's not a bad way to start either :-)

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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3 credits and 2 bonus credits added

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