There is Hope!
Our Fellow Steemian @CharlieShrem Posted This on Twitter.
I personally believe we could still see $8500 before the Bitcoin rocket turns back to the moon but I hope I am wrong and Charlie is right.
What Am I Doing?
I saw that $VEN (VeChain) one of my favorite projects was on sale so I backed up the truck. I sold the majority of my liquid altcoins in order to do that. These are the coins that I had sitting on exchanges. I consolidated everything into one altcoin that I think will do very well in the recovery and that is $VEN.
Vechain is going through a rebranding process and will be focusing on China. If you are in the Crypto Coin Trader group on Facebook you would know all about it. There is also a womens only Crypto Coin Trader Women's Group.
VeChain Website is in Chinese and English
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Anything to do with China+blockchain should be HODLed very, very hard.
China has it's own domestic equivalent of every Western tech company, and blockchain-based networks will be no exception. I believe that China cracked down on bitcoin to make room for it's own homegrown projects like Neo and Vechain.
Who knows what will happen, but buying coins you believe in (like VEN) is never a bad idea
I think things might go a little lower. It would be nice though to try pick more coins at lower prices.
Thanks for the information of vechain . very useful
Thanks @hilarski
Have a great day
I'll have to look into this VeChain coin. I always trust your speculations, so I might just get some!
It is on Binance.
Yeah in a couple of hours I'm going to stack some crypto too.
Even if it drops a bit more, doesn't matter. More correction - better!
I'll just buy more.
That's so funny Randy I did a VERY SIMILAR move yesterday, liquidating most of my shitcoins and dramatically increasing VEN position. Now I feel even better about it seeing that you are doing the same! Thanks bro!
I am guessing this one will rocket like NEO.
I don't wanna sound like a copy cat, but that was exactly my comparison in the crypto world. VEN is the new NEO :D
vechain is my favourite also...its good time to buy...it goes upto 6.5 $ few days before...vechain has tie up with many big companies.
The market is going below $10,000. If it goes down a little more it might go down to $8000 or so. We might have more buying opportunity. So spending only 50% of my stash. Bought some Ven, will try to get hold of some more if it dips again.
I think the dipp is over now.. BTC to 20k$ Go go go