Good afternoon everyone!
I don’t usually do much of this and write here, and I will never claim to know more than anyone else, but this is my humble opinion since Trump’s announcement.
All the important coins went up, especially BTC, ETH, SOL, ADA, XRP… the most important or most talked about ones.
I have never been much into investing or putting my money into crypto or stocks. But for almost a year now, I have been observing, buying, and adding to my portfolio when I consider there are good opportunities during these weeks of bearish trends.
But every time this man makes an announcement, yes, we have an exaggerated spike; everything goes up, but the next day the market corrects itself and either falls below the price it was or continues to drop even more two days later.
I agree that those people have a lot of influence and whatever you want, but if they make a statement and move the entire market at their whim because everyone listens to them as if they were the next Jesus Christ, Allah, Muhammad, God, Buddha, Energy, or whatever you believe in… you are giving them the power to do whatever they want with your money.
No matter what they say, it is true that you can get an idea of where things might go, but I don’t buy or sell based on a simple opinion from one or two guys. You need to have more personality and power over your money, and this is supposed to be money that no one controls but you. Thanks to these assets, banks, governments, or anything else do not control us. Do we let the opinion of 2 or 3 guys control us when they post a tweet or make a comment?
IN MY OPINION:
People should:
Know that you are dealing with money and what it costs to earn it. Do you remember the days of work it took to earn it, the effort, or sleepless nights?
Know that these are investments, many of them long-term. You are not going to put in €100 and become rich in 2 weeks or a month! You will endure rises and falls, and your character and not panicking can sometimes save you.
Understand that when investing and buying any currency, there is a lot behind it. This is not just about buying or selling and making money from trades. Investing your money here OFTEN means providing liquidity, giving confidence to projects or research and innovations that are behind them.
Not everything is meme coins, trends, or empty projects launched just for fun or as a meme. Many are associated with great projects and research.
Be more cautious when buying and selling by reading here that someone who perhaps knows much less than you influences you into thinking a currency is good or bad or that you should sell or buy immediately.
Think a little about how the market works, and if every time it rises a little, everyone sells quickly for short-term gains, instead of evolving rapidly and rising in just 1 or 2 years, it will take 10 years or more due to fears and scams.
This is just my opinion, and I will surely be wrong about many things. I am not seeking anything with this, just to share my opinion and make people think a little about what this is and what it is for.
Let's go ahead and see what happens! This is a jungle, be very careful.
