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RE: The World of Cryptocurrency - Crypto Market on Red
I agree! The ups and the downs are what make this market healthy. If the market only ever went up, that would certainly be great. But, the market can't ever establish loyalty if it only ever went up. Without loyalty, the market just needs a bit of FUD, or a small dip, and everyone would exit. With these "crashes", we can allow those who don't want to be in the market to exit, and we can allow those who believe in this market to enter, thus strengthening the market. (Note: this is one benefit seen during ups and downs, not all.)
This kind of business is like riding on a rollercoaster, we should know how to play the game otherwise you will go bankrupt, lol
I completely agree. I get bummed seeing and hearing about so many individuals losing money in this "game." If nothing else, I just want people to invest a little bit of money they can afford losing, and then not look at it again for the next year. lol.