Here's the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: 'People are irrationally pessimistic'

Here’s the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: ‘People are irrationally pessimistic’

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Here’s the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: ‘People are irrationally pessimistic’

Here's the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: 'People are irrationally pessimistic'

Coinbase CEO Brian Armstrong isn’t phased by the latest price fluctuations, which have sent the value of bitcoin down to one-third the price of its…

Brian Armstrong by means of TwitterJust a half year after bitcoin insanity sent costs taking off up toward $20,000, the famous digital money is presently worth about $6,700 — only 33% of its unequaled high.

In any case, the CEO of Coinbase, a digital money trade esteemed at $1.6 billion last August, has a message for more current workers: Don’t freeze.

In a Twitter string Tuesday, CEO Brian Armstrong shared the motivational message that he sent to his representatives before in the day to console them to remain solid amid the digital money down cycle.

“It can be unnerving the first occasion when you see it, yet to us who have been in the business for a long time, it feels like old news,” Armstrong said.

“At the point when there is publicity, individuals are unreasonably abundant. At the point when there is give up, individuals are unreasonably skeptical. Nor is valid,” he proceeded. “The truth is dependably some place in the center, more corresponded with genuine use (exchanges every day) than the cost.”

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Here's the pep talk the CEO of bitcoin exchange Coinbase gave to new hires about the price dip: 'People are irrationally pessimistic' 5

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