Everything´s Red, Simply Everything... Stay Strong!
Yeah, it´s another red day for all of us in the cryptosphere. It seems like we´re just going down all the time right now. A short glimpse on coinmarketcap may already make your day... a bad one...
Especially during those times we should always remember, that we are still early adopters. We are among the first ones in this space and honestly compared to the values in 2017 the market is still up significantly and it´ll go back up there sooner rather than later.
So that being said I´m holding on to my coins, while staying active on steemit for sure, even in case the value should go way lower. I believe that only those who take some risks will be highly rewarded in the end and staying strong during the bad days will lead you to the top one day!
Do You Agree & Hodl Or Do You Sodl?
A Crypto Startup Revolutionizing Steem! |
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Absolutely have to hold. Sadly I think a lot of the selloff is being driven by folks who invested $ they couldn't afford to lose in the first place, leading to more panicked selling. For those with the cash, now's a good time to even re-up some of those positions. Fundamentals of buying low and selling high shouldn't be lost here
Yeah all the weak hands get flushed out of the market, like in every correction. It´ll be healthy for the rise of crypto after all.
Not everything, there are some true stars out there.
Zilliqa (ZIL) $0.047903 USD (+7.68%)
One hour later.....
Zilliqa (ZIL) $0.052243 USD (+14.28%)
Yippeee making money.
I´ve never ever heard of that coin in my life before xD
But congrats on that trade ;)
The coin is listed 47 in the top 100 it is a well known company in the crypto world.
I started the power down process Yesterday......then cancelled it. I’m keeping all my Steem power. I’m also going to hodl all my other coins. It’s emotianally draining sometimes but hey, that’s crypto!!
Sure am glad I have never invested more than I’m willing to lose.
I think it would be a big mistake to sell your coins right now at the lows. There´s huge potential out there and the world just realizes that cryptocurrency actually exists. We need to give them more time to understand it ;)
We all talked about how tough and chaotic the first half of 2018 was going to be, so we knew this was coming... why are people freaking out now?
Fomo and Fud are strong in this sphere. The declining prices are just flushing out all the weak hands once again. Happens all the time pretty much everywhere. So just hodl or even buy more, the good times will come back for sure :)
That just makes it worse as you won´t be able to get a new one easily at current market values xD
I understand that it can not be done but the first quarter of the year has been terrible!
everything you say translates into upvote
Haha this is awesome and made my day!
Yeah, Cryptocurrency has been going through a massive correction....who knows how far these cryptocurrencies are going to fall....
hopefully this red turns to positive green :)
It´ll turn green again for sure, question is just when ;)
I understand that it can not be done but the first quarter of the year has been terrible!
no choice but to hold, can't for the life of me understand how and why anyone would sell in this climate and yet plenty are, hence the red.
They get scared of the market going down even further. Those selling are the weak hands that need to be flushed out. The strong ones hold or even buy more during the red times.
i see is a great opportunity to increase your position and hodl until the market picks up again
True, just never forget that it´s hard to catch the bottom...
For me there is no other option than hodling. At the moment I only make a profit on 1 coin (Oyster) and I'm not willing to sell this before the airdrop of Oyster Shell.
But I knew what I was stepping into and I only did invest money I was comfortable with loosing it. Better to have tried and maybe failed, to have to look back within a few years and asking myself why I did not had the courage to take the plunge!