HODLing Bitcoin: 2017 vs 2019
Think of cryptocurrency markets as a Formula One race, except for the fact that this race is on all year round. Cryptocurrencies are qualifying teams and the price action that you see for any cryptocurrency – like Bitcoin – is fuel for the car. This fuel is represented by cycles of fear and greed. Fuel is the most crucial element for racing cars. It keeps the cars going. F1 cars consume 140 liters or more in fuel, much more than ordinary cars. If the car runs out of fuel, it stops. Similarly, cryptocurrency markets and hype cycles run on fear…





