What to make of this correction?

in #cryptocurrency7 years ago

What to make of this correction

Hi everybody , MS aka cryptogem here.

Cryptocurrency Markets saw wild volatility and there were hige corrections in almost all coins. So what do we make of this mind boggling downside volatility.

Nothing... simply nothing.. C'mon guys..one question we need to ask ourselves when we are so afraid of the doenside volatility is , werent the markets as volatile on the way up too?

Yes they were... this is a normal correction considering the fact that we have seen numerous multiple returns in all these assets.

So rather than be scared and panic, REMEMBER the fact that we as a crypto community are in this for the long haul, to HODL.. let the naysayers say what they want...eventually they will give up and join us.. they have to, because this is not a fly by night operation..this is a fkin revolution and soon people will realise it....by then it will be too late for them ... we will be millionares and laughing all the way to the bank!

Hell , we might not even need a Bank!

Cheers!

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In times like this, weak hands sell. I used this opportunity to buy up some LTC and ETH at a holiday discount and I’m already in the black (and the market hasn’t even fully recovered yet)! Decisions in times of crisis separate the ones who will be successful and the ones who won’t.

Well said man!

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