We all feel it. The need to panic sell when an investment goes sideways like today. There’s influx of messages asking what is going on in the crypto world and if we are selling. To put it short, no, but we’re always watching the charts and news developments for profit scenarios. .
Today was a market-wide fire sale stemming from a coordinated PR attack by several governments, include China, France, Germany, and South Korea, to attempt to impose heavy regulations on the industry. Honestly we’re for some regulation. But you’re a crypto investor that makes no sense? Think about it… do you want this world to be the wild wide west with constant pump and dumps or do you want to be known as real community with legit companies aiming to develop and implement world altering projects? As long as we have the people calling this a bubble, government’s saying it’s a scam, and the constant fear, uncertainty, and doubt, these wild swings will keep happening. .
We want blockchain technology to stay. It will revolutionize the way money and information is handled on a global scale. But for that to happen the “power’s-that-be” need a cut. If you think that’s not going to happen you’re ignorant. Until they’re in a position to profit from this revolution, we repeat, these swings WILL continue to occur. Does this mean the whole industry is going to zero, absolutely not. The person calling Bitcoin at $1 million in 2018 is just as full of it as the people calling for it to go to zero. Not saying it will be a straight ride up nothing ever is. .
Today is just another bump in the load road to mainstream adoption of blockchain technology. I want full control of my money, I want full control of my internet, and I want full control of my information. All these things are possible through distributed technologies and that’s why day’s like today, we HODL.
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Stock market was closed yesterday so I took the team to the Mayan Ruins in #tulum . Shot some cool videos and can't wait to share my experiences. Here is a little clip from the day. Awesome experience definitely recommend it.
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