HOW LOW CAN WE START GOING KRAZY FOR BITCOIN?
LATELY BTC IS HEADING IN ONE WAY, LIKE NO TURNING BACK.
HERE WE ALL EXPRESS OUR GRIEF BY SAYING DON'T PANIC BUT DEEP DOWN INSIDE WE ARE WONDERING WHAT IS HAPPENING? SHOULD WE SELL OR HODL?
HAVE YOU HEARD THE NEWS ABOUT THE STOCK MARKET LATELY?
This is a graph from coinmarketcap from Oct. 2017 to Feb 2018.
It is just 90 days, yea 90 days BTC came from $6000 to almost $20,000.
I guess we had a lot of newcomers. What they do? They run for cover when they see BTC is bottomed out.
It teaches one thing and one thing only. You need to know why you are in crypto.
You need to get a reason on what coins to keep and which one to pump and dump.
You need to diversify your crypto portfolio.
What is the use case of the coins?
PANIC, RUN, TRADE
Panic will lead you no where. All prices drop so you are already in loss.
Go back to yourself and ask why I pick this coin.
Most likely you may not be able to trade the coins cause nobody wants it now.
Cool it down, you got to cool it down.
If you can sell, it's okay. It is preferable to hang in there and weather the storm.
While you are selling your bitcoin, someone on the other side , a whale is building his portfolio to control the market.
We all know what is going to happen with this coin in a couple days if it i not hours.
Look at the graph.
If you have this coin, are you going to HODL?
Can you imagine BTC graph this way ?
This is a clear indication that while everyone is running south, E-coin is heading north.
Stay focus and see how much this coin has been trade in 24 hours.
Do not forget only 21 million BTC will ever mine?
A lot already lost.
GOAL IN CRYPTO
- Do your best to earn more coins (ex: post and get more steem)
- Learn about the airdrop, quite a few coins are bypassing ico and go straight to give the coins away.
- Learn about the ICOs, they have some good one and good use case.
- SELL IN THE WAY HIGH AND BUY LOW.
It is the best time to find a way to own a bitcoin.
Me I am all in steem and you should too.
Keep on steemin'
You see how the price is heading high.
You can't even get to the website.
Thanks a lot @pouchon for this wonderful post. I think Bitcoin is having a great resistance amidst all the NEWS, FUD and Panic created by multiple sources.
Diversifying the Crypto Portfolio will save your money from huge losses and also give you an edge to make your profits side by side. The points mentioned by you in "Goal in Crypto" clearly defines that we always have to buy the dip and sell the high. Need to keep an eye on different ICOs and coin out there that are running offers. This will help us to gain more profits. Thanks again. Cheers! 🥂
I see that we think the same way when it comes to investing in crypto. Stay strong my friend! 😎
I’ve given you a follow and I’ll hopefully see you around.
This is so true. I like to watch youtube videos , read news from twitter, reddit etc. just to understand what is going on. You need to see the faces of youtuber's reporting the cryptomarket crash. Hehehe...many were and are still frightened. Meanwhile, all those who are in real cryptos like steem & Neo with strong fundamentals & where they earn daily are not freaking out.
I agree with you on this, but my goal is to earn more ethers (ETHs). I don't own bitcoin and have no regrets. My earnings on steemit (SBDs) are converted to ethers via blocktrade.us. It's either I HODL the ethers, hedge them as USDT or exchange for fiat (Euros). Find time to check out this weisscryptocurrencyreport . Cheers.
@maryfavour & @redfishpillar.
Like your post pouchon
Great time to buy. Good time to HODL. Bad time to sell.
Thank you for sharing useful news @pouchon success always for you friends.
The rates are going down and I have already lost much of the value. So, I am holding it and expecting the market will perform better in the future.
This is the mindset to gain some back in the future.
Thank you for analyzing my friend.
Good luck@pouchon
thanks for sharing about informative post
of bitcoin
that was a great