ALERT! CryptoCurrency price is dropping - should we worry about it? (Let's Discuss)
Hello, in this article I will review today's condition on cryptocoin market.
Prices are dropping in every second and many people are confused. What they should to do?
Now, we all know that crypto currency doesn't have financial background and their price depends on demand and supply. coming from the above said, demand and supply determinate cryptocoin price. Also every gossip may have big effect on price. (remember Ethereum price dropping in the newest history. see article here)
Today's news (link here) also will have big influence on prices.
and Finally what is better, Sell all our cryptocoins, or keep them for the future.
In my opinion the best choice is to keep all our cryptocoins and buy Bitcoin or Ethereum by our savings because all cryptocins are (partly or fully) connected with Bitcoin (BTC). If you look Blockchain development, countries all over the world are starting to test this system in their economics and give more information to their citizens. Also Countries started working (or planning to make) their own country's CryptoCurrency.
To cut long story short, now is right time for investment in CryptoCurrency because today's market condition says that this is the future of the world :)
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Thanks. Have a good time.
Almost everything was down, but I have faith in my crypto assets. Hold and buy the dips. Take profit when you deem appropriate and this all suddenly isn't as risky as many think.
Crypto is risky as hell no doubt, but there are ways to manage risk which I feel like a lot of people lack. It's super easy to re-invest your profits when everything is green and applaud as you make "tons of money," but then you have nothing at times like this.
Let's discuss! Hodl.... Flwd ^^
Its normal, just inform you:
https://steemit.com/steemit/@svtechnik/bitcoin-is-near-end-of-lifetime-why-nobody-can-believe-it
Buy buy buy! If you are a shorts and longs player, then you may get hit. If you are investing and holding long term, buy when it is low. Normal investment principles also applies to crypto. Diversify, research and NEVER react with knee jerks. If there are fundamentals that has changed ... worry. IF not, the marker always correct as people have new things to look at, take profit, etc .... ride it out.