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RE: ✴️ WHEN DEALING WITH "CRYPTO", YOU NEED TO HAVE A "STRONG HAND"!

in #charlesfuchs7 years ago (edited)

Yes mate, a year or so ago I'd have panicked a bit but you get used to it, if your plan is to HODL you have no worries.
Not getting emotional is good advice with all investments my friend, there's no point it'll just eat away at ya.
Stack on, Steem on and HODL!

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Same here! I talk about this in my latest technical analysis on BTC and cryptos:

"Game Over For Cryptos?"
https://steemit.com/bitcoin/@benkalashnikov/btc-update-analysis

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Yeah, Seen this getting thrown around, Makes tons of sense with the bull rally since Jan 2017. One last shot for people who never could of gots coins cheap, then to the moon :)

We have some major bearish trends right now... HODL BABY!! 🤑

What is happening now? Just the same Asian stories that S Korea is considering stricter AML policy and even considering closure of Crypto Exchanges as well as China is planning to do the same... But is this something new to you? We are being bombarded with the same type of news since September 2017.
Plain and simple: one of cryptoplayers with above than averaged cryptoassets is selling own stack (yes, the market is very thin, even some of your orders can move it slightly), then the crowd sees the plunging prices and joins this race. That's it!