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I've been into crypto for a long time, let me explain how this sub and the wider crypto world really works

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by COINS NEWS 229 Views

Everyone will continually tell you to buy in order to boost the value of their holdings. That's it.

They will reassure you it's "just a dip", another great buying opportunity. That this is "just the beginning". Maybe it is just a dip, maybe it's going to defy gravity forever, maybe it's going to moon in a few months - but no one here really knows that. Any bad news is spun, any good news is hyped. These coins could go down -90% over the next year (just like 2018), and the whole way down you'll still be encouraged to throw money at it. Most people I know into crypto a long time have been cashing out since January/February. While you're pouring money in, we're cashing it out. We're telling you to buy and hold while we are literally fleecing the latest wave all under the guise of "it's okay to take profits every once in awhile".

I'm sure this will be downvoted and buried quickly, but just to let you know what's really going on

Edit: Since this is actually getting some attention, to add, I am not trying to come across as a doomsday merchant, I still have crypto. Just be aware of how this really works. It's not complex, in fact it should be quite self evident, zooming right out and looking at the overall picture reveals when the best times to buy were.

submitted by /u/anotherwave1
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