simpsons_support (OP)
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June 08, 2019, 08:07:06 AM |
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Why You Should Not Sell EDC |
WHEN THE RATE IS DECREASING, I START SELLING COINS
Yes, the EDC exchange rate, like any other cryptocurrency, is volatile, so some coin holders start selling all their coins in a heated moment, for example, during the market correction period. At this time, inexperienced holders would seem to think that the best solution is to sell the coins as soon as possible.
But what if the decline in the price is just a simple manipulation of the human factor and a result of the crypto market correction? Do you think anyone can get rich on this?
Let's find it out.
LETS GET BACK TO BASICS
Do you know why a cryptocurrency was created and what goal does it pursue?
This is not just a series of trading operations with maximum security and anonymity. First of all, a cryptocurrency is an investment tool that was created for storing the assets of both professional traders and inexperienced users.
Cryptocurrency is digital gold, which is stored in the bank under round-the-clock supervision. You might agree, that to date, money solves a lot of issues - well, almost all. For you, savings is a guarantee of stability. You know, no matter what force majeure happens, the solution to many life difficulties is stored in your safe.
Thus, the advantage of cryptocurrency over a gold bar is that it is created through mining. Selling any token means that you are depriving yourself of the potential earning and safety net for any life situation. The more people sell it, the more a cryptocurrency loses in value.
DO YOU LIKE TRICKS?
If you have watched movies directed by Nolan, then you should know that any trick consists of three parts: bait, transformation, and prestige. The decline in the EDC price is the focus; you just do not try to see the obvious things and you do not want to know the clue.
Could you imagine that the majority of EDC holders have 100 coins each, while a small group has, lets say, 10,000 coins? Got it? Lets move on.
Since the EDC Blockchain project is gaining momentum and inspiring confidence in its features (for example, you can create your own tokens using a coin constructor), as for many experienced investors this is an opportunity to multiply their fortunes in the very near future. Literally, it means that they would put a few gold bars in the bank with a particularly high rate of interest.
What do people do with savings in the amount of 10,000 EDC? They usually start selling some of their savings which is the human factor. Then the majority of the owners of 100 coins notice a rapid decline in the rate and panic, thereby, selling a substantial part of the coins at a time. Thus, they are continuing the chain reaction.
Now, we are coming to the most interesting thing, prestige. Having waited for the lower exchange rate, that group of people buys up a larger number of tokens back. Moreover, not just returning the coin to its previous price, but often making it higher. As a result, they become holders of a large number of EDC, which growth is only a matter of time. Thus, mining and the masternode constantly increase their contribution.
Still not believing in financial independence? Believe us, this is one of the easiest ways to achieve it.
Such exchange manipulations can occur with any cryptocurrency. This is a common trader trick that is easy to recognize.
WHAT TO DO?
If you believe in a cryptocurrency, let it pursue its own goal and be stored on your wallet. Moreover, the advantage of EDC Blockchain is in the masternode, as mining takes place automatically, and you make a profit in proportion to your contribution and regardless of the rate fluctuations.
No matter how paradoxical it may sound, right now, when there is a manipulative pressure on the price of the EDC coin, this is the best time to buy it. After all, buying a coin now entails a reversal of the market, and it is quite possible to know that now, you could get it at the lowest price.
Do not listen to the majority and use your head!
Good luck with trading EDC! 
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