I cannot be the only one that have seen the shift in the phycology of crypto investors. The last couple months we have seen the meteoric rise of meme coins and shit coins.
It seems everyone has forgotten about the days were we where content with 5% gains a month. We believed in Bitcoin as a lifeboat for inflation and government control, it wasn’t all about quick gains.
Now days, I feel like as Bitcoin/Crypto has gone more mainstream, everyone just see’s it as a “get rich quick scheme”. I believe this mentality is actually damaging to crypto in the long run. Not to say all hope is lost, far from it, Bitcoin is a hill i’m prepared to die on. But I fear each time Bitcoin dumps, these types of people are more likely to panic sale instead of hodl, giving whales more monopoly. As I’m not selling this isn’t a problem for me, but again it goes against everything Bitcoin was created for.
Anyone else agree, happy to hear your argument if you don’t?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments