BITCOIN DROPPING TO $9800, WHAT AM I GOING TO DO? RUN AND SELL ALL?
Not so fast. It is not wise to sell your Bitcoins cause the price is in free fall.
While I am writting this post, from some exchanges the price went up to $10,000+.
Wisely you should hold your bitcoins cause this is a long term apparatus.
If you are going to sell, you will not be here reading this post.
There are a lot of FUD out there. Mostly emotions run the market cause every body want to come on top.
Unfortunately it doesn't work that way. You have to wait your time.
SOME SAY
- USDT is causing the free fall.
- It could be some of the futures contracts coming to an end.
- It could be pure speculators wanting to catch out.
It could be a different notion compare to where you are.
This is crypto by the way so we play in a different set of rules.
Bitcoin is here to stay.
The price will go down to the resistance allowed by the big whale and the community.
So if you are here on steem blockchain, should you worry about BTC price?
Off course, we are all connected.
Couple days ago, the price of steem was roaming aroung $6+.
The whole coin market cap lost value around $60+ billion.
Now steem is around $5.
If you are new to steemit or you are asking yourself questions.
Most important thing for you, learn how to post correctly to attract more steemians.
Learn how to comment on your fellow steemians posts.
It is very important cause you are participating.
Learn how to get reward and lead on your expertise.
Do your best to bring more steemians on-board.
So price goes up or down, if you are vested in steem power, not much you can do.
Actually you need that steem power to vote your influence in the platform. You can vote for yourself and you need to vote for posts you like.
Reciprocity is genuine among steemians
Best thing to do, accumulate as much steem power as possible, it will give you the upper hand and one day you may become a whale.
Now you may be a minnow, this is critical time to manage your route in steem.
If you are posting, your are producing steem power or Steem dollar that you can eventually exchange for any other coins like BTC.
Steem is the best coin that allow anyone to earn more just by posting, curating, delegating to the community.
You are here, you should feel good about yourself. I am, so let's go and make steem stronger.
KEEP ON STEEMIN'
Without doubt, Steem is redefining both cryptocurrency and social media. It just must keep up the system.
It's crazy how one inaccurate and misleading article, and other websites copypasting it, can evaporate $50 billion from the crypto market...
I watched this video on Ytube of Tai lopez and one of the founders of EOS they were talking about bitcoins and some other cryptocurrencies and on the side of bitcoins they came to this question "is it to late to invest in Bitcoins?or is to early to invest in it?"because as you said pouchon issa long term apparatus and i really think it is still early! So hodl y'all 😂🔥
Thanks for the informative post man!
now the price of SBD is always down...
It's chill, I'm always down on having stronger purchasing power of BTC and more erratic margin trades
Cool you are on the right track.
Keep on steemin'
This was a Very informative post. I believe Steem has huge potential to be revolutionary to the social media market! This platform has the ability to help people cultivate their skills and get rewarded at the same time, and for that I’m truly grateful!
Welcome to steem.
You cannot say it better.
Wish you the best in steem.
Keep on steemin'
Great post! I think there's a lot of people in the market who are just trying to make a quick buck and then panic when they see the market dip or see anti-crypto news. Driven partially by folks who've invested money they can't afford to lose. Agreed that it's as good a time as ever to re-invest and go long!
Buy, this is true moment
Good reassurance. Right now I’m not looking. I’m pretending i don’t have crypto. Patient investor wins, panicked investor fails. Hodling, long term.
This is the way to stay afloat and not fell to the trick of selling.
If you recall 2017, at the beginning, it was the same way and in November price skyrocketed.
Keep on steemin'
Good point. Every little bit of courage helps. 😄
👍👍👍. Thanks you my friend
That was a nice pic. Keep on posting nice pics from your area.
Keep on steemin'
thank you, I will try to give the best, I need support, but this suggestion very helpful in my fix all, thanks a friend 😊😊😊