Nearly All Cryptocurrencies In the Red - Why, and What Now?

in blockchain •  7 years ago  (edited)

Well, it's a dark day for most cryptocurrency investors. Nearly every single coin out there is down, some over 50%. But don't fret, cryptocurrencies and blockchains are the technology of the future. It'll pick up again.

Why is it going down?

Why is it going down? There are multiple possible reasons for this. I can list them all here, but you really shouldn't be looking at the negative right now. Sure, everything is going down and you've probably lost hundreds if not thousands of dollars, but you haven't really lost anything unless you sold. Stay strong, fellow hodlers, cryptocurrencies will bounce back like never before and we'll soon see a steady rising trend.

Stay strong!

Even though you have that sickening panic sell feeling creeping up on you, stay strong! You're here because you believe in cryptocurrency. Those that don't sell quickly, maybe with a profit, but let's not be like them. We believe in the value of cryptocurrencies and blockchains. We know that they are going to go up. Don't expect it all to be fair sailing. What market ever is?

Learn, invest, and hodl. Hodl till cryptocurrencies own the world. You'll thank me one day.

In case you didn't know, "hodl" is a term that cryptocurrency guys use to refer to "holding on to a coin" or "keeping your money in the coin".

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!
Sort Order:  

Very Encouraging!

You should also put a "motivation" tag on your post :)

I edited the post and added that. Thanks for the suggestion!