Hi there!
It looks like we're falling. Do you scared? I'm not )
Let me just try to explain things that are going on now.
First of all I should say that every smart crypto users understand that market needed a correction and we've waited it sins the start of december 2017. But it has come just several weeks ago. How long will it go now? Who knows.. But you should understand that there is a price that will not be beaten. It's about $3500 - averege price of mining BTC for miners without profits. I really don't think that Chinese miners will let price drop down under $3500.
Secondary, whales always want more money and if you look at BTC movements from huge addresses you will see that they (owners) just manipulating the market. The are doing it just to make weakhands to sell their coins.
So, when will it stop? I think that market will start to grow at middle march, maybe later.But before summer we will see new hights.
Well, thats my opinion. You maybe have your own. Let's just watch&wait.
P.S. don't sell losses!
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Geez, I didn't realize it was getting that expensive to compete in Bitcoin mining. I've been getting Nano from browser mining. It helps pad the portfolio!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes, I agree with you. you suggested existing holders not to sell at loss. Acually crypto knowledgeable holders are not doing so. But what about new investors like me? Should I purchase now? Thanks in advance.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The advice of Warren Buffett would be to not be anything that you wouldn't be willing to hold for 10 years. Do your research on different coins then make a determination for yourself. If you are convinced by your own research then you will be more comfortable holding for 10 years!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Well, there will be good time to buy but not now. I mean all this market movements won't stop today. But you should choose some coins/tokens that you will buy soon and be ready to do that.
I will probably post some good ideas soon. But anyway you will have to do your own research.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit