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RE: The price of Bitcoin hasn't been fun, but have some perspective

in #bitcoin7 years ago

"Never have I seen a market wherein investors cry over a 600% annual gain."

The thing is that the majority of the people currently invested in cryptocurrencies probably got in over the last 6 months or so, and most of them now have a loss - and probably a very large loss.

Thos are the people who are "crying", not the people who bought 1+ years ago, and that's what sets the market sentiment.

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Yep, very good point. That is why it is important for those people to see numbers like the ones posted above.

Coin Marketplace

STEEM 0.26
TRX 0.25
JST 0.040
BTC 92903.81
ETH 3331.70
USDT 1.00
SBD 3.29