What is Next for the Cryptocurrency Market?
Courteousy of SiliconAngle.com
Maybe today is a day or weekend too early to buy bitcoin, litcoin, and ethereum. However, no one argues with buy low and sell high. I failed to sell high and now do not have the ammunition to buy as much as I would like now. I have actually moved my balance into cold storage so emotions will not get the best of me.
If you are selling because you are afraid of losing it all then maybe you should and get out. However, if you are selling from a fear of short term thinking just remember all the times this has crashed and died and then weeks later it strongly rebounded. I cannot tell you when to buy or which coins to buy but remember this is a long term play. If you had bought at $600 instead of $400 you would be happy today. If you buy at 12k instead of 9k you may not even care in 2 years from now.
Be smart with your trades and really think about if this is more downside or upside from here. If you have reasons to sell such as protect large gains or for tax purposes then act accordingly. If your selling because it is down 30% then you may have much less downside and more upside from these levels.
I couldn't agree more, buying cryptos are more of a long term game than a short term. The market crashed way before it reached the prices it has now. I'd recommend buying now and keeping your shares. Great blog man.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Bonjour à vous, j'adore votre contenu sur votre blog, cet article est très passionnant comme d'habitude je n'imagine pas le temps que ta du prendre pour le faire. Je suis très triste que ton travail n'est pas apprécié à sa juste valeur car tu mérites 100 fois plus de popularité et je ressens que tu fais ça par bonheur et moi j'ai énormément d'administration, je te souhaite une très bonne journée et je suis impatient pour ton prochain article. Salut l'ami et porte toi bien ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit