It’s 11:54 CST on Friday night and I’m sitting on my laptop trying to buy crypto.
I happened to check my phone about 30 mins ago and saw that Theta had crashed down $3.80 or maybe even lower. I saw it at $3.80 and sprinted to the laptop.
Most people would have a heart attack seeing their life savings cut in half in the matter of an hour of market manipulation. But they’re on sale! If you got an email saying that your favorite pair of sneakers were 50% off, would you be pissed off or happy?
So what’s the difference? Well a lot of people have got into crypto chasing quick profits. They buy it as the price is going up, and then get pissed off and sell it when it cuts in half because they are thinking short-term. This happens to millions of people every month. And they blame it on the market. It’s called emotion.
Theta was “worth” $15 in March 2021. What changed since then? Well, they added a few more patents, signed a partnership with Katy Perry, announced a new token, successfully opened an NFT market – just to name a few. And tonight it “worth $3.80” according to the manipulated market.
If you truly believe in the project and the technology that you have invested in, then you see these flash crashes as a huge opportunity to get more!
That’s it. Had some time between my P2P purchase going through, so I thought I’d pop on and share some of my excitement.
I am also hoping to have some news and updates on a new project I’m working on. In the meantime, if you have any topics you’d like discussed or questions you have for me, just leave a comment below!
Peace and love.