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RE: Today's Crypto News

in #cryptocurrency6 years ago

It is really interesting how some of these news sites seem to put out almost all bad crypto news or all good crypto news during certain periods. We're not usually conspiracy theorists over here, but it is odd that there is some correlation and potential manipulation of the markets. People read it and seem to have a doom and gloom mentality.

If we see things about regulations, we are not really worried because some of it is actually good. Yes, it is a bit scary to think about because governments can over-regulate. However, there is no talk of banning cryptocurrencies or making them go away. There is only talk of "protecting" investors. Is that really what regulators want to do? Probably not, but it is ok because those of us that are patient through these dips and new rules, have a very high probability of doing well when it all shakes out. Some big institutional money, which would drive the values of the good cryptos up, can't take the risk of getting into an unregulated market because their banks, hedge funds, etc, are heavily regulated. So, the fact that they want to regulate, but not destroy, actually validates the premise that the crypto market is here to stay.

There was someone that commented on an article the other day that said that he bought at the top and sold low and lost $500, so, cryptos were going to fail. Some early holders of Bitcoin are down 7 and 8 figures and are still bullish on the market as a whole. This is all part of any emerging market. Just only put in what you can afford to lose and hold and be patient...then, there is no need to sell too low.

I have stayed focused on what my research, network of information, and other insights tells us are the best, most likely to succeed cryptos. If the scammy ones go away from regulation, that is a great thing. It means more money into the good ones.

So, on that note, in case you missed them, here are some under-priced cryptos that we think have good teams, fundamentals, are highly oversold, and have potential to go up over the longer haul.
Cardano (ADA)
Lisk (LSK)
Locicoin (LOCI)
Polymath (POLY)
EOS (EOS)

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Totally agree with your statements. Its like stocks and shares you have to learn to hold, in the long run it will always pay off...

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