Don't fear the crypto coin dip!

in #bitcoin7 years ago

The crypto coin market has been a rollercoaster ride lately. Some people are wondering if it is time to bail because we entered a bear market. The first main question you need to ask yourself if are you in this for the long term? If you are a day trader, well that's a different post (for someone else to write). If you really believe that bitcoin, ethereum and the others are the future, then just hang tight. Selling on a dip only guarantees your loses.

Let us remember some not so ancient history, the US stock market and the 2008 crash. Many people sold, locking in their loses. However, those that didn't panic and were in it for the long haul were handsomely rewarded

If you really believe this is what is in store for the future, then you should welcome these temporary dips, as they represent buying opportunities!

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