6 Good Reasons for Bitcoiners to Keep Calm and HODL On
6 Good Reasons for Bitcoiners to Keep Calm and HODL On

6 Good Reasons for Bitcoiners to Keep Calm and HODL On

Kevin

16 min
Entrepreneurship Strategy
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<p><span style="font-weight: 400;">The Coronavirus got really extra real today for markets. A two and a half week selloff was tipped to the next level by a major ratcheting up of action from the US government (which still seemed clearly to be not enough to calm markets). </span></p> <p><span style="font-weight: 400;">In bitcoin, this meant a drop from around $8000 yesterday to under $6000 today - a head-spinning dump, especially for those who are more recent to crypto. </span></p> <p><span style="font-weight: 400;">Still, in this episode, @NLW argues that there are 7 good reasons to keep calm and HODL on:</span></p> <ol> <li style="font-weight: 400;"><span style="font-weight: 400;">It’s not just bitcoin </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Correlation means infiltration</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Peak fear </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Asia on the upswing </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Buy order behavior </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Bitcoin’s been dead before  </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">And a bonus: this environment is exactly what bitcoin was built for</span></li> </ol>

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valerie_sky

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