The current financial opportunity simply cannot be ignored

in #bitcoin6 years ago

Some people look a the Bitcoin chart and ask, "Is it still worth investing in Bitcoin? It's down, like, 80%..."

Others look at the chart and go, "Wooaah! It's down 80%!! An opportunity like this will probably never come along again!"

The difference between the first group and the second one is their mindset.

Short Term vs. Long Term Thinkers

The group, who sees the opportunity, are investors with a long term mindset.

They know, once Bitcoin goes up again, it's highly unlikely that it will ever drop as low as it is right now again. And Bitcoin's history actually proves them right.

Let me show you something.

So, Bitcoin dropped about 80% in price since December 2017.

Screenshot 2019-02-16 at 22.36.05.png

This chart above, however, is NOT from 2017. This shows the crash of 2013. Look at the dates on the bottom of the image.

As you can see, in July 2013 the price suddenly rose from $70 to over $1,000. This took less than 5 months. Then the price fell - about 80% - down to approximately $200. That's a pretty big crash, wouldn't you say? Still, a lot higher than $70. And after that, it never fell below $200 again.

From our 2019 perspective, this crash of 2013 now looks like this:

Screenshot 2019-02-16 at 22.42.18.png

And guess what, this "huge-crash-turned-blip" was not the first time in Bitcoin history this happened. Bitcoin has experienced many "crashes" during its short 10 years.

Many of them were around 60%-80%. The worst one was in 2011, when it fell from $32 to $2. The one of 2017 is just the most known, because it's the most current one, and a lot more people know about Bitcoin now, then in previous years.

But do you see the pattern?

The numbers - the levels at which those crashes happen - are getting higher and higher. Once it goes back up again, it never reaches those early low plateaus anymore. On the contrary - it reaches higher and higher heights.

I am convinced that in about 4 years time, this image below will also just be another blip on the Bitcoin chart.

Yes, I am convinced that Bitcoin can go to $200,000 and higher. We don't know when, but there are strong indicators, that it might happen already by the end of 2020.

Screenshot 2019-02-16 at 22.30.39.png

My point is, don't wait until Bitcoin is at $10,000 again.

My point is also: don't go all in expecting massive short term gains. Take a long term view. And only use money that you can live without for the next 3-4 years.

If you believe in Bitcoin - whether as a legitimate new money system that will change the world, or as a safety net for the other crash (the one soon to be expected in our current money system) or simply as an investment for your future - take advantage of this opportunity now!

Remember, you don't need to buy a full Bitcoin - you can start with $100 or even less, if you like. And if you're not sure what to invest in - I recommend using the Emberfund app and investing in a crypto hedge fund of actual expert crypto traders. It's the simplest way for beginners.

Emberfund image.png

I've written about the Emberfund App here and here and published a video tutorial on how it works here.


About the author:

Anja Schuetz is a cryptocurrency mentor for absolute beginners, with specific focus on women and non-digital natives. She also consults as a Customer Communication & Operations Manager for blockchain start-ups.

Sign up for her Free Bitcoin Beginner's Course and her Conscious Crypto Museletter here: http://anjaschuetz.net

Sort:  

Amazing opportunity. Clear a resteem worth.

Thanks, Jochen :)

I’m hoping to own at least 1 btc before it explodes

Posted using Partiko iOS

Yes, that's a good goal, I think! 1BTC will be enough one day :)

I think many on steem know. I told to buy at 1000€ but they didnt unfortunately th3y dont use Time to learn about. Interestingly enough you dont find crypto books in book stores anymore

I think we will see a rise 2020 or 2021

And dont forget: crypto is pushing old players to innovate. You See this with Goldman sachs blockchain or xrp for western Union. So many non crypto people Profit already(but will be screwed by long term fiat Inflation)

Unfortunately my dash Investment is in big red so i am out of "investment powder"

Posted using Partiko Android

It even pushed JP Morgan to make their own cute coin, LOL

Everything will go back to green again, I'm not worried. Especially Dash :)

Yeah i am Patient with dash <3

Posted using Partiko Android

I think you make a valid point between long and short term thinkers and I feel there's also the risk tolerance component to take into account. If I were an investor in a position to invest significant resource into a vehicle expecting a positive return on investment having neutral risk tolerance, Bitcoin would not be the only vehicle for me. I'd classify any blockchain based asset in the high risk group requiring constant vigilance and intervention to mitigate the risk of volatility. As a trader, I make make $ in bullish or bearish markets and I employ various risk management tools to ensure the safety of the capital. I'm also diversified across various asset classes that are based in various risk classes. I encourage everyone I talk to to look into cryptocurrency as a component of their overall portfolio and I also encourage a thoughtful inventory of their risk tolerance level- my point being to know yourself and why you'd even want to be involved. Be conscious and intentional because there is so much potential, energy, and abundance that one can ground into reality!

Yess!

know yourself and why you'd even want to be involved.

This is the most important point of all. Before you now your WHY, you shouldn't do anything, especially not risk your money.

👍👍

You got a 11.27% upvote from @ocdb courtesy of @connecteconomy! :)

@ocdb is a non-profit bidbot for whitelisted Steemians, current max bid is 24 SBD and the equivalent amount in STEEM.
Check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information.

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on the Steemit Witnesses page. :)

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 53801.93
ETH 2252.31
USDT 1.00
SBD 2.26