The Crypto Market Is Down, Which Means You Can Be Up!
As you have seen, the crypto "bubble" seems to have started leaking this week. This caused a massive amount of panic and led to many people selling their positions. This was a stroke of good fortune for all long term holders looking to increase their position. ETH shares are extremely cheap relative to its value in my opinion, and this week is a good time to buy. The graph shows a butterfly trend, meaning it should be back on the uprise. This has caused a ripple into all alt coins as well, thus lowering their prices. Some of the most undervalued coins are Siacoin, Stellar Lumens, Steem, Golem, IOTA, and Litecoin. I think it would be smart to increase your positions now, and get ready for the ride to start up again. Now that all the skiddish people have fled the market, it is time to get things rolling again.
In short, DON'T WORRY.
Stay in it for the long term and buy extra coins at the dips when people are selling. Best advice to make money at the end!
Agreed. Most of the panic selling is coming from those that are new to trading (I presume).
Exactly. The more experienced investors hold their coins and stay in it for the long term.