About the Cryptomarket...
Guys, we are really leaving one of the longest and painful corrections in the Crypto Market.
It's being tough and the news are not helping so much. Besides the government regulations we have, of course, Facebook, Google and now Twitter which are defending themselves from their only enemy, the BLOCKCHAIN technology.
They are really solidly established in the people's life and that's why their only word "ban" is so powerful.
Some of us are suffering anxiety and sometimes would like to give up and sell everything in losses.
Let me tell you that if you departed from the premise "don't invest more than you can afford to lose" now is not the time to sell.
Corrections are not essentially bad, actually they are needed to clean those projects without mission, those projects of only marketing content.
The big projects will prevail.
I am completely sure that Cryptos as BITCOIN, ETHEREUM, EOS or STEEM will rise again, stronger than ever.
Instead, other small cryptos will simply die, only leaving a trace of marketing behind them.
Now is the moment on which we must keep in mind more than ever that ...
"The market is a device for transferring money from the impatient to the patient"
Source
I like your post, i'll hodl to $0 my positions right now. When i decided to enter crypto i knew that could happend.
But i'll hold now because i didn't sold them on ATH thinking that it would neva stop rising, lesson that i got, and i won't sell now because now is just too late to do it.
If i'm lucky and i can run again a new ATH in any crypto i'll instant sell my positions.
Then WE need to post something like this you are doing allerting to "take profit and buy an icecream" hehe
good one @toofasteddie i think we need arround 1 month to start to see the light but first we will touch the hell flames :)
I think is a good statement! I will keep "take profit and buy an icecream" for my records!
I have had my moments of doubt last fall about steem and December wiped those clean out of my mind. It’s sad the price has fallen so much but it can be taken as an opportunity for those who missed out on the $1 steem a mere several months ago. All a matter of perspective and time frame of ones planned investment remaining in said crypto.
I’ve made a few small steem purchases with the price being so low this week. Sure it could go lower, but all the buys i made in the fall that were in the red at some point are still in the green at this point. And the SP is helping me earn passive income which I reinvest in more SP.
That's the correct spirit!
Steem is always a win win investment, no doubt about it
I don't know if we are out of the woods yet. In my experience the markets always go higher than you expect, but also lower than you expect.
The panic is big and real, but people aren't terrified enough...
I'm keeping a BTC price of 4K or even 2-3K in mind as a bottom. Could be a while though.. like last time in 2013/2014
We are still not out...I see a long period of stabilisation between 4.5K and 7.5K
Bitcoin will soon be not important 🤫 My friend @fawakatube told me 🙂
it is helpful ☺😍
Hi,I am definitely sure bitcoin and etherium will rise again very soon .
You got a 79.68% upvote as a Recovery Shot from @isotonic, currently working as a funding tool, courtesy of @toofasteddie!
@isotonic is the Bid Bot of the @runningproject community.
Earnings obtained by this bot, after paying to the delegators, are fully used to increase the SP of the @runningproject from which all affiliated members are benefited.
Check @runningproject posts in order to know further about.
I’ve just joined at the deepest time, great to hear from older runners in steemit, good view