Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: fitload on November 22, 2018, 11:40:17 AM
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John McAfee, who undoubtedly has lots of experience on the crypto market seems slightly annoyed with the panic that arose over the price collapse of cryptocurrencies as he tries to calm down panic investors telling crypto enthusiasts to relax.
McAfee adviced that the falling prices will surely be followed by a massive surge soon. He believes that the phenomenon of the bear market is quite a common state which happens from time to time, but will eventually give way to bullish trends.
People have panicked. But there's no fucking need. We're in a bear market. They suck, yes, and not like a hooker with no teeth. But I'm 73 and have seen this dozen of times in many markets. Bear markets are like Winter. It's always followed by a glorious Spring. Fucking relax.
According to him, there are several causes to the current market crash. Confusion and uncertainty are two of the things that trigger traders to do the things that may have worsened the situation.
He criticized the people who sold their coins as losses due to the fear of losing their funds as these investors and traders ignore the real potential of cryptocurrency. The exchanging of cryptocurrency in dollars and other...
Read More: https://news.bitzamp.com/john-mcafee-tries-to-calm-down-panic-investors-over-prize-collapse-of-cryptocurrencies/ (https://news.bitzamp.com/john-mcafee-tries-to-calm-down-panic-investors-over-prize-collapse-of-cryptocurrencies/)