Bitcoin is Dead - Twitter Says

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    ph1102

    Published on Sep 10, 2020
    About :

    The last 10 days were turbulent in the cryptocurrency world... Bitcoin price has fallen from 12k to 10k-ish, and the majority of other cryptocurrencies have followed that trend... And, as always, a lot of "crypto experts" have popped up with calling Bitcoin death soon... I have lost count how many times I have heard that Bitcoin has died, but it is a very big number... Anyways, just to clarify at the beginning, Bitcoin is far away from being dead, so no worries about that...

    But, let's talk about people who are calling it dead... The people that you can find all around the web, social media website, Hive< LBRY, that are calling themselves "crypto-experts"... If you are new in the crypto world, you should learn to distinct people who know what they are talking about, and people who have no clue about it, or just want to scam you and take your money...

    Also, we have to clarify one thing more... Crypto expert, or fake expert, it doesn't matter... Nobody knows the future price of any cryptocurrency tomorrow, or on any date in the future... It's a free market, and it can go up, it can go up, it can remain the same for some time... Maybe there can be speculation on some assets as in traditional markets, but that's another topic...

    The main problem in the crypto world is that a lot of people know the history of Bitcoin, how it was just a few pennies a decade ago, and now it is over $10K... And knowing that, people are waiting for "new BItcoin" to appear, and they don't want to miss that out... THey FOMO (Fear Of Missing Out) into all new projects (good or bad, usually bad and overpriced), just because of thinking that RIGHT that coin can be a future Bitcoin...

    That is just one way how you can lose money in the crypto world... Check out the video for more advice on how to avoid newbie mistakes...

    Thank you for your valuable time,

    ~ph~


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