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6 Good Reasons for Bitcoiners to Keep Calm and HODL On

6 Good Reasons for Bitcoiners to Keep Calm and HODL On

FromThe Breakdown


6 Good Reasons for Bitcoiners to Keep Calm and HODL On

FromThe Breakdown

ratings:
Length:
16 minutes
Released:
Mar 12, 2020
Format:
Podcast episode

Description

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).  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.  Still, in this episode, @NLW argues that there are 7 good reasons to keep calm and HODL on: It’s not just bitcoin  Correlation means infiltration Peak fear  Asia on the upswing  Buy order behavior  Bitcoin’s been dead before   And a bonus: this environment is exactly what bitcoin was built for
Released:
Mar 12, 2020
Format:
Podcast episode

Titles in the series (100)

A daily analysis of macroeconomics, bitcoin, geopolitics and big picture power shifts, hosted by Nathaniel Whittemore @nlw. The Breakdown is part of The Breakdown Network.