The transfer of wealth will go to the patient...
Not the panicked
The Market is not down...it is up, it is just a matter of your perspective
You know if we hold now, next year the levels and crashes will look bigger, but affect us less... and so it goes. I started with BTC at 272.00, so while I like the 19,000.00 price better, I am still up massively... couldn't get that in bank or other markets. This goes for all the cryptocurrencies, and many alt coins or tokens as well, yes some will die off, que sera, sera (whatever will be, will be). But if you have great choices in your portfolio, Steem, BTC, LTC, ETH, EOS, PPT, Etc... your ultimate returns will negate any losses... however patience to wait for it as opposed to selling in panic is the only way to realize the gains to come.
EOS gets cheaper by the day... and it's price will continue to drop as it gains momentum.
As for EOS, I got it around 1.40 and I used Steem... so no real out of pocket. But it will go live, the votes will settle, the airdrops will begin (they already have). I now have EOS and EOSdac (got both at 1.40... because I bought EOS), so with both tokens, I actually dollar cost average to .70 per token. Each airdrop will drop that origination price on each token as well as each other token that airdrops. As example as soon as voting settles out, the Everipedia airdrop will take place... equal tokens for my EOS holdings. This will bring my EOS cost down to .35 per token... if you see how this math alone goes... well EOS was really cheap, even today at 10.30 or so.
And despite the attempts of some to FUD it out, this will be a heck of a ride for sure.
Helmet, check... goggles, check... defibrillator, check... champagne, check.
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Image Credit: sebfor, eosauthority
I love to see where Eos is going this year. They predict massive rise in price :)
They all predict massive growths... only time will prove that right or not... but I am hopeful for it.
Yes patience is the key. Overnight lambo's would be nice but realistically its like the traditional stock market,..think long term. And success will come eventually .
Ha have you seen that ad on a lot of YouTubes about the Lambo repo (repo coin)? As said... The Market is not down... it is up, it is just a matter of your perspective... and time frame.
This here is great motivation...people always look at the current price and forget the price they bought at...less
Next year 6500 BTC will be a distant memory.
People who got them at that price around the way you have are really pretty lucky and as for BTC as well.All it took was the belief in the crypto and the community of it.While as for being panicked I am not .Well perhaps if it happened few months back i would have you can say getting to understand the market even more everyday.
You will look back next year and feel pretty lucky you got in at the price you got in... what is 6500 when you are now "Crashing" to 18000 (from 25000). Hence the patience... this market will be up for decades to come.
I sure hope so :)
Great thing to discuss @kyusho.
Valuable information.
Keep doing!!
Thanks for sharing.
Upvoted & resteemed your post.