Just a bit of observation about general interest in crypto. Who is buying? Why is there a demand (or lack thereof)?
All I know is that the more mainstream companies that come into the space (twitter/circle, samsung, facebook, whoever might be speculated about) and institutional investment is a very very big deal when it comes to creating trust and demand.
For everyone buying now, it is my opinion that if there is a 1000$ drop in price it should only be seen as a 2nd opportunity to buy more. I made the mistake of FUDing my heart out and selling at a pretty hefty loss going into this most recent dip. If you believe in the tech, don't do what I did! HODL through your loss.
The future will either be:
"oh dude, remember when everyone was into crypto? silicon valley was all up in it, and there were cellphone wallets, man.. whatever happened to that?!"
or you say: "mannnn, I remember when crypto started going mainstream and it first came onto regulated markets.. why the hell didn't I invest?!?!"
Not investment advice, just some optimism!
All I know is that the more mainstream companies that come into the space (twitter/circle, samsung, facebook, whoever might be speculated about) and institutional investment is a very very big deal when it comes to creating trust and demand.
For everyone buying now, it is my opinion that if there is a 1000$ drop in price it should only be seen as a 2nd opportunity to buy more. I made the mistake of FUDing my heart out and selling at a pretty hefty loss going into this most recent dip. If you believe in the tech, don't do what I did! HODL through your loss.
The future will either be:
"oh dude, remember when everyone was into crypto? silicon valley was all up in it, and there were cellphone wallets, man.. whatever happened to that?!"
or you say: "mannnn, I remember when crypto started going mainstream and it first came onto regulated markets.. why the hell didn't I invest?!?!"
Not investment advice, just some optimism!