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AskLeo - Who's Got Diamond Balls? by acesontop

View this thread on: hive.blogpeakd.comecency.com
· @acesontop ·
$6.38
AskLeo - Who's Got Diamond Balls?
Crypto's been a hell of a ride ever since I got my first coins and started digging into this thing. It's been fulfilling at times, frustrating on quite a few occasions and also a great life lesson. I haven't capitulated and neither will I do that during a bull market, but such times as the ones we're currently going through are definitely challenging.

I have detailed my situation regarding these challenging times more in my previous post and the idea for this one popped in my head after reading a comment of @taskmaster4450 where he said that *we might get to $100,000, but we could get there after we visit $20K once again*. 

Who's afraid of $20,000  Bitcoin?

<center>![photo1562569633622303bafef5.jpg](https://i.imgur.com/JmyOYzN.jpg)</center>

I am not. I don't hold any Bitcoin, but I know that if the king goes South the whole market will follow suit. I am at this point in a position were I simply don't give a fuck anymore. Mentaly I'm prepared for anything, and seeing how things are shaping around blockchain technology and cryptocurrencies and where the world is heading, I see no weakness in this revolution.

However, I believe that a final shakeout to $20,000 is more than possible. Taskmaster might be right, Bitcoin could go as low as the peak level of the 2017 bull market, which is really not that low when you look at the whole history of Bitcoin, and I expect massive buying pressure at that point.

For some market participants that would mean the living hell though. I get them too, some hands are made strong by getting through hell's fire. Some learn from other's mistakes. Everybody has his way of learning. The ones being able to hold Bitcoin till $20,000, and back up, and any other altcoin, on that path down to hell, are proof of true diamond balls.

You need to have strong balls, not strong hands, to resist urges and fear, to be able to risk and overcome challenges. I don't know what chances do we have to see Bitcoin at $20,000 this year, but anything's possible. 

I am not fucking selling though. That's for sure. I also don't believe this bull cycle is over. It might be a whole lot different than the 2017 and 2013 one, but it's not over yet, that's what my gut feeling tells me.

What about you, do you have diamond balls?

*Thanks for attention,*
*Adrian*     

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vote details (122)
@da-prince ·
>I am not. I don't hold any Bitcoin, but I know that if the king goes South the whole market will follow suit.

This is exactly the fear and it seem to be what is happening in the market. The fall of Bitcoin is affecting the whole coin.

It will be a very big problem if Bitcoin fall down to 20k and below.

All I can say it holder of Bitcoin should have strong heart to hold until we pass this hard the time the crypto economy is facing.



---

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@drax.leo ·
It really depends why someone is selling. If you can afford to HODL for a *really* long time, like some did through 2018-2020 crypto winter, you are most likely to HODL whatever comes next. If someone uses crypto as the prime source of food on the table, having diamond hands is lot trickier.

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@acesontop ·
True

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@intothewild ·
Haven't sold. Not selling. Buying more.
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@acesontop ·
great. 

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@kerrislravenhill ·
Got $2000 worth of Stable coins AND I DON"T KNOW WHAT TO BUY! 
Maybe $2000 worth of Hive by default.

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@acesontop ·
I don't have any recommendations but HIVE is definitely a bargain at these prices. It's 5x down from the local peak.

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