BTFD in cryptocurrencies of course

in #cryptocurrency7 years ago

.... Since the massive CB's intervention in the world of finance in 2008, a really hype phenomenon has been witnessed over, over and over.  It is called BTFD ( Buy the f***ing dip). Yeah! every time the market was to correct (.5% and up) sooner or later, some buyers would come in to the rescue and have the overall market go back up.

Right now, CB's and their buddies are working overtime trying to gain some kind of control in the crypto world. Regrouping, massive block move, outlawing it, etc. Have you notice how brief these intervention affects the value of all the crypto's? It is a very brief, brief moment. Some would definitely wonder why?

My take, is that the fiat world confidence is eroding slowly to the benefit of the crypto's that are thousands of miles away from being mainstream. You my friends in the crypto world are in the early stage of the confidence.

BTFDIC (Buy the f***ing dip in crypto)

You won't regret it.

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