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Are you thinking rationally?

Bitcoin Reddit

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I look at the market these days and see a lot more fear and greed driven trading. How about you evaluate Bitcoin for what it is, compare it to its competitors, consider its future potential, and invest accordingly what money you can afford to. If you allow your decisions to instead be driven by the price, you'll get as little insight today about the future value as you would have 6 months, a year, three or five ago -- those who based their decisions on "number goes up" or "number goes down" (or, put another way "the market looks good/bad at the moment") have fared far worse than those who have evaluated their thought process, and tried to "engage brain".

I know, thinking can make you feel like you're screwing up your brow and letting out a long "hmmm", its much easier to just do what other people think. In the case of Bitcoin, that has proven to be a huge mistake - only those who were willing to pause and think have, often ended up in a position where that little bit of thought and study has paid off tremendously.

submitted by /u/CableOk855
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