THE PICTURE IS REALLY DISCOURAGING
A facebook user Andrew Baum has this to say on the current market deeping: "My fellow brothers and sisters,
I share your pain, financial losses, despair, confusion about whats happening to the crypto market right now.
There is certainly blood on the streets, and like many of you I am unable to capitalize on it. I have chosen to HODL, a choice only you can make. But I urge you to remain strong.
Has the tech changed? No. Do you still believe in crypto going forward? If the answer is yes, you have a simple choice.
It's been said a thousand and one times, if you sell at a loss you lose money automatically. Trying to time the market by selling and re-entering later for cheaper is a risky proposition. Everything is a gamble in the end. Investing is a gamble.
Be strong friends. At times like this the rich will get richer and the poor will remain poor. The rich will be buying the cheap coins while we are stuck holding on for dear life.
All will be well in the end. Bitcoin has been declared dead 137 times before, this will be 138. Goodluck friends."
I kind of agree with him, if you want to in the crypto market you have to be strong and don't give up buy buy buy if you can.
Hopefully it is just a dip. Do you have any idea of the reason behind this dip?
Not really sure but am suspecting the news going round about bitcoin segwit or so..
Buy & HODL!!!
Ride these WaVeS guys! Everything is going to be ok... ethereum and bitcoin are both getting fixed and the other coins are suffering because of the dump of all these ICO's and altcoins.
Everything is going to be ok... I guarantee it
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