Bitcoin FUD / SLAP / or new BEGINNING - WHAT TO DO in this moments (Jaime Dimon threats, China bans) - september 15, 2017 (2024)

First thing is that here i put my opinions, my thoughts and is not a financial or trading advice. Take your time to learn and read about it and all actions you take, are your own responsibility. I can't make choices for anybody, just sharing what i learned and think is best for me.

Seeing all this "BIG" newsfrom all around the places makes me feel that i take part in the real beginning of the bitcoin world. Fake, FUD, funny news , memes, haters, extreme fanboys makes you feel strange at the beginning of the crypto journey.

But after first waveof this news, movements and changes you start to get excited of what will be next.

It doesn't matter how you entered,it matters what you do after it. If you sell in the downward trend you'll be in the loss and maybe in a big one.

There are some advice that i learned at the beginning:

1. Don't invest more than you can afford to lose(don't sell your house or use food or rent money to do that)
2. "Never put all your eggs in one basket"- it is a quote but don't know who said it
3. Don't lose trading(trade only when you gain, even only 1%)
4. Don't get emotional(hypes are good, but keep them out of transactions)
5. Avoid FUD and FOMO
6. If you sell, don't sell all your positions(just take some profits at some point)
7. If you realy want to sell all - sell in few steps- let's say 20% at a time for 5 times, after watching the market. Maybe it is only 1 day low then it goes up again and you haven't sold all to a low price
8. Understant the market and what really happen with it- make your own research to understand what is going on and what has value - the first thing is to check the crypto coin websites and their social to see if they really do what they said and then the main channels

So, when you're building your first portfolioit can be

• only bitcoinand you can choose to have only bitcoin for long term. And that's it. The main thing here is to hold them in your personal wallet (hardware or cold storage) to be sure you have them not an exchange or other third party. Then, you are a bitcoin HODLer. No matter what media says, you will keep them on a long term, you decide how much (3,5, 10 years).

• or a diversified portfolio, which at the beginning can be at around 5 main coins (real projects) - usually, here is a basic rule 50% in bitcoin and the rest in other altcoins.

Bitcoin is an alternative to everyone against more and more debt that us and other countries keeps making it without a chance to pay it. Bitcoin can be an alternative to corruption (mainly in corrupt governments policies) and to central banking systems that just ruins all the modern world.

FUD and TRUST

Lol, first recent "altruist" person who"really loves you as people not as cattle with money... yeah right"is Jamie Dimon.

WOW, i haven't sen this video till now(link below the quote)... he looks like adictatorwhen speaking with so much passion that US dollar is the only thing that will exist on this planet... I thought people were exaggerating, hmmm.
Quote from interview:

there will be no real non controlled currency in the world. There is no government that is gonna put up with it for long. It is kind of cute now.... THER WILL BE NO currency that gets around the government control. The technology will be used. It maybe used to transport currency but it will be US dollars the main one...

He said, that if the "DOJ... it will say that's illegal currency and if you do it again it will put you in jail, its over.

(i don't understand that name who mention at 0:29 there and who it is, so sorry for that)

Is he maybe withbitcoin from the beginning...? or he just want to enter at a low position and made this FUD now together with the China's bans game? Only they know.

We'll see that in the next 5 years. For sure not now ;-)

So, Blockchain and technolgy is good to be "stealed" and used but bitcoin not. Take only what he likes from it, the rest go to... trash because us said that. Hmm, and who's the "honest one" here?

So he likes it, but want it only for technology. Who use it will be get fired and then in jail. Nice view he have. Ban and kill if not doing as he said. Good future people will have with guys like him, right?hush

And tell us why people like John MacAfee and Bill Gates believes in it?

Watch this kindof people that haven't got a real purpose except to make money and.. that's all what he cares. And also to put you in jail.

So, you could trust some of his real opinions, but things that are made with so much "hate"... "altruism" are kind of funny at some point. Whatever...

Oh, that they will force to stop, it is another thing.They have the power to do that. But, if bitcoin world projects are correct, the future may show us a good solution to that problem.

Also, when see FUDdon't say it's fake, don't ignore it, go analyze it, look at what people say about and what arguments have about, but spreading it it doesn't help. Take a stand at the beginning, when you are investing not in bearish moments with fear and taking loss.

So... i made this post finally after seeing all the news and comments lately.

Nothing is perfect and it will never be. People will fear always of the unknown and will believe only after it happens. That's the way we are built.

Till the next stepin crypto world, we can only watch what happens.

Feel free to comment and say what you think about it and share the... love with a resteem and on other social media

Cheers to all

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