Gosh.. Why are we so afraid ??
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Crash is never ending. Every morning a bigger blow! Last year March was good for crypto specially for alts.
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The reason we have so many crashes is because of over-leveraged wannabe traders. Have you noticed how violently some of these support/resistance levels get broken? All those massive moves through these major levels are forced liquidations of margin traders!
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fud for ones great oportunities for others
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I have got into whatever positions I wanted to, now I just want a bull run and I expect new fiscal year will be the perfect time for that as many people cash out towards the end of the fiscal year for tax purposes and moreover many will be getting annual bonuses at the end of the fiscal year, so hopefully April will be a better month for crypto. But I am mentally prepared to wait for a longer duration for the bull run as well.
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I have got into whatever positions I wanted to, now I just want a bull run and I expect new fiscal year will be the perfect time for that as many people cash out towards the end of the fiscal year for tax purposes and moreover many will be getting annual bonuses at the end of the fiscal year, so hopefully April will be a better month for crypto. But I am mentally prepared to wait for a longer duration for the bull run as well. takes time for promise and opportunity to cone to fruition. The increased regulatory scrutiny coming will impact markets in the short term but it will be to protect consumers and investors until we get better guidelines.
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Thanks for your post!
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People tend to scare easily...
This is an opportunity not something to be scared of..
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what? NO,,,, DOWN with REGULATIONS !!!! @newageinv
People who see a "Downturn" or a "Bear Market" (as defined as a 20%+ drop in prices) just are not looking at the market correctly. That is not what has happened. If you were to look at cryptos from the perspective of the "UNBANKED" you find that they do not have the ability to "PULL OUT" of cryptos into Government Fiats (US$, Euro, Yaun, CHF, etc.). No no no,,, when us "unbanked" folks pull out of a crypto its either into ETH or BTC. This means that the only "RELEVANT" change is between a token/coin and the associated "pair" that you trade it against. I have NOT seen a 20% drop across the board of token/coins against ETH or BTC, they have only fluctuated against the counterfeit "false" Dollar that the "fake" media has everyone brainwashed is "real money",,,, when we all know "The People's Money" is Crypto!
One can keep their eye on the Total Market Cap of the crypto space and see that the "bubble" (LMAO - how can there be a bubble when less than 1% own any) had a market cap that almost trippled the recent lows..... that means 2/3 of investors (or their money) were just "speculators" or "short term" investors,,,,, these are not the important people and never will be, they are to be ignored,,, its the people with the vision that put their money where their mouth is and hodl for the long term (to the fruition of the projects and their improvements) say 3-5 years or maybe even 10. This is the development of the "Peoples Economy" for the new generation who rightly so are refusing to Pay for their Parent's Mortgaging of the new's future..... FREEDOM baby !!! FREEDOM !!
Personally I haven't had a bank account in over 10 yeas (as I refuse to participate with evil) and there is very little I can do as far as US $ and I don't care because I don't want to invest in or participate with that old and corrupt system.
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Thanks for your post!
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It's good to always find a video on the internet that gives you good information. Especially those of us in pajamas .Thank you.
It will get better and better . Steem On
cheers
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The Prices are falling down like the London bridge.
Hope it recovers soon
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Thanks for your post!
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Np dude
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We should not scare this easy. We all know this is how it works. Sure this is a major dip, but trust me we will get through this. But there is one bit of good advice I can give and that is to avoid any specific investment here and keep things very general.
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I agree, were still up huge from a yr ago. I don’t understand why people keep freaking out. I thought all the weak hands sold already.
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You knows there's so much FUD when @boxmining has already made 3 videos about FUD...
... in one single week.
FUD FUD FUD ... Why?
Handling FUD with style
Daily: Whale shown to crash market / Binance FUD / Ontology
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The price is dropping continiously and it has now been for a long it ....i am worried....i guess everyone is..
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Not everyone. 😎
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is coming back it just needs to be adjusting the to a more normal level since it was unbelievably high at Christmas times. Check the price in August. mabynot 8$ but lets say 5$
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The Google put a ban on the advertisements of cryptos and I guess that is also a huge factor in dropping prices.
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The FUD is real!
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Good long term investments are supposed to be bored at some point in time. It takes time for promise and opportunity to cone to fruition. The increased regulatory scrutiny coming will impact markets in the short term but it will be to protect consumers and investors until we get better guidelines. These guidelines will help create 3rd parties that can assist those unable or unwilling to participate in the market (i.e. institutions) and will lead to increased adoption in the long run.
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I also can not really understand all this FUD out there but on the other side I also do not really care at all anyway.
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Big investors are waiting for the fake holders to leave. The Weak hands are already gone.
Are you all strong enough to hang in there?
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I'm gonna make it through these times😐 I know it... I just cant let everyone know I'm not Crypto Ballin' Right Now!😂
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If you look at a crash in a stock market normal is like -5% or somthing and happend now and then, but the stock market is super slow.
a think Many crypto investors have forgotten that we have to think in the long run. we ned to compare it but a normal stock market at 20x speed then it's actually not that bad.
if you go to the coinmarketcap and see bitcone that all you have to be a total moron if you think that rise in November permanent., so if we just take a breath now, and thinking about September in 2018 or something and seeing hove its looks like then.
we just Ned to go sideways and down now to adjust it down to and ok place then we can go up again this it's only half a year spike and not 7 days one.
slow and steady always wins.
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Last year March was good for crypto I think specially for alts.
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"Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell." ~ John Templeton
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