!!! CRYPTO MARKET DOWN $300 BILLION !!! Should you buy or should you sell?

in #bitcoin7 years ago

Stocks go down 20% and people start cashing out. In a few weeks, we went from $800 bil marketcap to less than $500 bil. A lot of new investors are freaking out and a lot of experienced investors are rubbing their hands waiting to get some fiat in there. To say "this is normal" sounds kind of weird, but it's true in this space. It's going to be okay. Do not sell out right now and go at a loss. If you've got a position, patience is key.

Let's talk about it in this video and let me know what you think! :)

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I agree with you. This is a good time to be buying in.

Not only is it consistent with previous year trends, it was a well overdue correction.

We make money long term, not overnight. If you're selling at a loss now, then you didn't enter the market with the right intentions.

Yes! I wish I had my FIAT right now! Not the car, the cash! Oh man, it's a Chinese New Years sale! Long-term baby. Long-term.

Seems that BitConnect as also a part of playing in that dropdown https://steemit.com/bitcoin/@membercrypto/bitconnect-ponzi-scheme-is-over-they-are-trying-to-make-bitconnectx-ico-avoid-it-at-any-costs
That makes hope to see that those ponzi are now dead and Bitcoin can now move on !

Yup. And it dropped about 1,000%

Wow.. Dash is it new? just heard of it.. Is it similar to bitcoin?.. Great video though.. it so much fun to see great platforms to invest in as these... Great one @digitalnews keep informing us..

Thanks a lot @jayboss ! Yes Dash is great :) it's like litecoin in a sense that it's semi-centralized and it's much faster than bitcoin and much cheaper to transact in. It also has what's called masternodes, which is similar to POS. It does use POW and masternodes (a type of POS)

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