BTC on a downtrend - You mustn't be fearfully... just HODL and see the facts.

in btc •  7 years ago  (edited)

BTC is on a downway trend, altcoins are following on the heels. Inexperienced investors might see their final chance to quit a horror story with an end, but actually this would be the worst move to choose! Patience usually wins.

Look at the facts: after heaving gained more than enough during the last months, BTC needed to take a break, recover and make itself more attractive to new investors. Isn't she lovely? ;-) Yes, she is!!!

Could the situation be better for investing and buying BTC and altcoin? Hell, no! 

Major market participants are agreeing with BTC as a currency to accept payments, and the general public is having a stronger sniff on crypto currencies as well. I am waiting for AMAZON getting into it...

Anyways, this is still the beginning of the whole crypto-buck story, and I beg You to stay calm, stay invested, HODL, You know. You gain. Stay brave!

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so true, buy and HODL for life

F ;)

I agree. My alt coins have gone down since I got into the market about 10 days ago, but I'm planning to HODL down with the ship if I have to.

Thanks for the upvote on my article today.

HODL can have a duration > 10 days, but I think there should be a "relief" in the begin of August.

BTC is on a downway trend.

But more importantly, so long as that daily trend line holds, it's still in a higher time frame BULLISH trend. This is all still just a healthy pullback caused by fear of an upcoming split (that wont happen)

Anyways, this is still the beginning of the whole crypto-buck story, and I beg You to stay calm, stay invested, HODL, You know. You gain. Stay brave!

My thoughts exactly :)

Exactly my thoughts.