Bitcoin has just fallen below 12‘000. Why is that?
(There a few internet slangs used in this article…)
(And please don't take anything said personally or be offended by it.)
"There are 2 types of mankind on this planet; Those who understand Bitcoin and those who don’t." - Jaronec 2018.
The people who understand it are fascinated by it. The ones who are not, are just talking about stuff
they don’t even know. This is the thing that not only hurts Bitcoin’s feelings but also my cringe-o-meter. Those who do not understand it, should not invest. But they’ve done did it anyways…
They invested in it hoping to make millions and quickly realized that he/she wasn’t ready.
They were irresponsibly responsible for why Bitcoin broke 19’000 in the first place and now they’re in charge of why it is at 12’000 again. When it was beginning to drop from 19’000 was the moment they realized “Oh shit… The price can actually drop!” That’s when everyone sold them off and got really insecure.
Trying to get rich off something you don’t understand is like Logan Paul laughing at a dead body… incredibly irresponsible, stupid etc. So don’t do it! If you are one of those people, please try to learn at least what it exactly is and understand that the prices can drop before you invest in it. I hope some people understood it :)
Please don't be offended by any of this, it's my personal opinion :)
Thanks for reading the post