Dump Season Is Nearly Over, It's Time To Save Up

Yeah, it's HODL time and you know it. For 2 months, most of the coins have been dumping hard. I had over 500 USD worth of coins including Steem tokens go down massively in rates. But fear not, by June all your worries will be over.



This is Bitcoin, from March 18 2016 to current time date. The graph wasn't like this back then, but now the cryptocurrency market just hit half a trillion US dollars, so there's variation and unpredictability. The big dump has already begun, you think 1.6 USD per Steem token is bad? it gets worse before it gets better. I would have advised using Tether as a stable currency since its always holding the same value as USD but because Tether lost it's auditor, people haven't been able to sign up as new members since December. Well there's always Binance of course, am still holding a couple of Tether just in case.

Buy low, sell high. That's always the motto, don't forget and watch out for bear traps. Also stay away from ICOs for the moment, that stuff is cancerous. Go to Cryptocompare and check out the coins that are gaining traction for now, there's like over a thousand kinds of altcoins out there for you to research about. In fact it seems NEM is going to places as well, you could research on that as well.

For learning crypto slangs if you didn't catch the reference> Link