Total MarketCap & Corrections Analisys ~ week 3/18 (extra!)

Today I have not stopped receiving calls and messages from friends / family (my mother-in-law has called me !! WTF !!) because on the radio / tv / ... they give the news about "the bitcoin suffers strong falls and drags the rest of altcoins "...

TMC by beik.png

So i checked the data:

Just 1 month ago theTMC played ALL TIMES HIGH !!: 543 billions (Thursday dec 12)
Today we have bottomed at 536 billions ... so "we are not so bad"

data TMC.png

What happens is that we had become accustomed to brutal market arrivals of FIAT and almost had forgotten the weekly corrections of up to 30%

Today has been a mosquito bite! -25%

our Lambo dream or the get rich w/o working it's not going to happend in 1 month!! lol

I started to perform my data control on the total marketcap and the corrections since almost every week there was a correction of 30%, I got to take it normally, this last period of Christmas etc ... where we have not suffered any major correction if not bled slow and slight increases has made me feel less conformable than when the market rise and suddenly fell .. the constancy and repetition makes me feel more comfortable.

So if you follow the recommendation to keep a Fiat bag of 10% of your total investment ..

TODAY IS A FISHING DAY !!!!

Go and buy any candy! because any insect with a minimum of common sense playing cryptos during the last 5 months is on profits! and nothing indicates that this is going to change.

i lov to fish on corrections :)

@beiker <3

I wonder why traditional media highlights when btc corrects and miss it’s up 1000% / year

I suppose it's a gift from traditional media to the traditional banks that pay for their ads ...

Good advice to have 10% in cash for "fishing" during down days...easier said than done for most. Don't be greedy, sell a little when the market is going straight up and wait for the pullback.

Totally true, seeing that fiat stopped during the climbs requires a lot of self-control and discipline ... but in the end it is to have a strategy to achieve an objective, which I have learned based on errors

Someone is getting a slight margin call in BTS...this is why trading on Margin in cryptos is so dangerous...the market price right now is .33 and this guy is getting pounded on BitShares

i hope is not a guy but a bot lol .. sorry i have terminator syndrome xD

I hope that better times will come soon. What do you think about TRX coins? You don't see it as a worthy investment?

TRX is not one of the investments that are in my orbit, the reason is not that I do not like it just that I have taken another path for my investments besides that TRX operates in a few exchanges where I do not have a wallet. It was amazing its rise from nothing and that usually generates "caution"