Why We Buy High & Sell Low | Bitcoin to $1000 | Metcalfe's Law.

in #bitcoin7 years ago

In today's video we discuss the psychological reasons why people
buy high during pumps and sell low during dumps. Also, the current Wall Street comment on Bitcoin to $1000 in 2018, and go over how to use Metcalfe's Law in assessing ICOS. It is no secret that FUD, Anxiety, and confusion drive people to do things they otherwise wouldn't have. Similarly with cryptos and alt coins we allow external factors to make decisions for us instead of us making our own conclusions.

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===== ⚠️DISCLAIMER =====
This video is for ENTERTAINMENT purpose only.
I am NOT your finacial advisor nor am I giving financial advice.
I am ONLY sharing my journey with you in which it is my biased
opinion based off speculation. NEVER INVEST MORE THAN WHAT YOU
CAN AFFORD TO LOSE. Do not take my opinion as financial advice.
Do your own do diligence before any investment.Always consult
with you finacial advisor before making any investment decisions.
You should also understand the risks of investing especially
in Bitcoin and other cryptocurrenciesor technology.
I am a crypto/technology/bitcoin enthusiast
and not an EXPERT.**⚠️

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