A Funny but Strategic Explanation of FOMO and FUD In Cryptp´s : Steem, Bitcoin, EOS , Bitconnect et al
I am bullish on steem and its ecosystem and love cryptocurrencies a lot- thus will stay in the space no matter the lies haters are spreading against the space . These lies (see my former post for details) are due to mostly central governments, banks and some big industrialist’s being afraid of losing their control over our money and life (which they have always controlled) hence why they united to spread lies and fud against bitcoin , ethereum, steem et al- which in return lead to panic selling as indicated in coinmarket cap
How do we proceed with all these daily uncertainties?
First I start by having a big laugh via John Oliver´s comedy explaining Cryptos : Bitconnect, EOS, Bitcoin, Fomo, Fud et al, watch the video below and have a laugh which is good for your health
Calm Down: Normal human nature will be to panic and sell off all your cryptos at a huge loss. Do not do it because whatever goes down will come up and vice versa. In fact steem is a solid long term investment, so buy low now and HODL (make sure that you take some profits when price increases). Importantly, remove emotions (because it leads to FUD) and greed which are ingredients of failure in the space. Moreover see this cheap price as a good opportunity to change fiat and buy steem and power up -which is a top investment opportunity with good return of investment in the long run.
Patience: Patience is the key to making supernormal profits in the crypto space. So now is the time to buy cheap undervalued tokens and if you already have some (through diversification) then Hodl and avoid paying much attention to fuders/haters who spread fear in the crypto space in order to crash the price and thus buy cheap cryptos for themselves.
In addition, let us use this period to dump fake/scam projects ( without any visible teams and real locations) and thus help the crypto space to be more clean.
Click here and read my former post:Warning: Warning: IMF Boss Warns of Crypto´s Evil Side : Money laundering, terrorism, and economic instability.
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Wow a very funny video indeed, guys watch the video Lol and it is funny but true. Good thing is that we all here are in a great platform and just as you indicated here, we need patience , remove emotions and stay strong together. Hopefully most of the scam projects will die off and good ones will shine...thanks for this, upped, 100%
Good point indeed, thanks for your comment...I agree....l like the video too
Lol I can't stop laughing after watching.
Haha video funny and purposeful at the same time. I agree with you VIPs are afraid to lose control. But their fears will become a reality;). Currencies are the bright future of the world. Thanks for postin @charles1
#upvote and #restem & #following you ♥ keep it up
Good point, thanks for your comment and success to you..I like the video too...it made me laugh
I agree now is time to buy cheap and Hodl
Point
Great advice. Though it might look somber at this point.... all will be well again if we keep believing in the power of blockchain and crypto! American banks and governments, among others, are doing everything to protect their cash flow...
I agree with you my dear lady...thanks for your comment and keep steeming to more success
Yes, all the news is lies
I can not believe what they say about all the currencies
Thank you for all your efforts @charles1
Good point, thanks for your comment and success to you
Agree 100%... and I´m also planning on using fiat to power up SP soon...
Good point, thanks for your comment and success to you
Surely whatever goes down shall come up back so all we need to do is patient and don't. Listen to the haters that discourages
Buy with the money you can afford incase it take long time to rise not your business money
Good point, I wish you success
I don't think really smart people will take John Oliver serious. He's just a comic and his job is just to make people laugh, of course, he does it great, but that's all :)
Maybe he said some valuable things, but for example word about DeepOnion really disappointed me, if he did a little more research he could find out where this "funny" name comes from...
Yeh not knowing about the deepweb and onion networks is a bit foolish...
Thank you for your crypto optimism. More power for the individual to control their personal economy.
Thanks for your comment and together we are stronger. I wish you success
great post! :^D
I also made an article about this show, man his is brilliantly genius at this topic about crypto, I really do hope people will be educated not only in john oliver's comedy skit, but also about the knowledge about blockchain that can help the future of humanity.
Good point indeed, I agree