Not a crypto fan. I have Not spent a single cent on crypto coz i failed to be converted. Strong believer in market regulations and transparency.
But recently i found myself on the end of encouraging my crypto and NFT friends. I tell them that this crypto winter is just a winter, spring will come.
Some of them lost 10-50k. But i think this is a small sum.
They believed what they believed. My job is to continue to encourage them to “buy the dip”, “dont be weak hands” and “hold on for dear life”
Web3 is all the rage. I trust that when crypto and NFT rebound my millionaire crypto friends will reward me well.
For now all i can do is encourage them, that they are part of something revolutionary and will continue to be.
A true friend is someone who has faith in what their friends believe in, even though he/she doesn’t believe in it.
Here are what netizens think:
- You: buy crypto!! Sure make money one! Your friend: you bought any? You: nope.
- Cryptocurrencies prices are a leading indicator of speculative market sentiment (when there’s a price pullback, market indices futures usually follow). Also, cryptocurrencies are in competition with fiat money, so no surprise that regulators worldwide are cautious or even actively discouraging and/or openly compete with them (digital yuan by China and US considering a digital dollar). If cryptocurrencies are part of your investment portfolio, do exercise caution.
- NFT, Crypto, Share Market, FOREX(Foreign Exchange), etc – they’re all – nice term -options; not nice term – same as gambling in a casino. Not for everyone. Some are better at it. Some are born for it. Others, if enter blindly, is there to feed the winners