Did You Say Excel?! – The Irrationality of Cryptocurrencies
I taped this up at my desk. It always reminds me of how irrational the markets can be, especially crypto. And it makes me laugh on those red days.
The crypto market is under attack from FUD, rumors and emotional investors.
Tape this up on your wall, and the next time Bitcoin or Ethereum takes a 10% dip in an hour:
- Take a look at the photo and realize the world is not ending.
- Understand that most large crypto price movements are because of emotional traders or manipulation.
- Stop watching the price for a week or 2.
- If you truly believe that crypto will transform the future, you will be just fine.