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People are too influenced by the colour of a day

All Cryptocurrencies

by COINS NEWS 49 Views

It is about time to put things into perspective. We all know that Bitcoin and Ethereum are very valuable items not just because they cost thousands of dollars, but also because of the many things you can do with them such as: store of value, money laundering, buying illegal items, peer to peer transactions for smaller fees than with banks.

It is well known that younger people are more interested in crypto than the older population, perhaps because they are easily adaptable to technology. Imagine the future in a few decades, when the older generations are replaced by younger ones, who view blockchain as revolutionary.

With this kept in mind, it's clear to see why BTC and ETH must have a bright future ahead, making them a valuable long term investment.

For me, a person who joined crypto in 2021, seeing Ethereum under $2k is a blessing. I don't even care if a day is green or red, I always stick to my DCA plan of buying 2 times a week. I'm in this for the long run, I am indifferent for a green or a few other green days as I do not trade futures and I know I will hold for years and years to come. If anything, I'm happier for red days, as I can buy at a discount. So, remember the people who became rich with crypto made it in a bear markets, when the average foe is scared.

Even though this is a critical feature of a long term investor, many people still decisions based on a single day with their supposed long term investments. Don't forget,we're in this for the long run,don't let the color of a day influence your mood, stick to your plans, trust your research and good luck!

submitted by /u/Krykowiaky
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