Taking a look at Bitcoin historically you can see that we may have to hold on tight here for an extended period. In this video we review Elliot Wave Charts as we look at the 5 and 3 pattern. Having a mindset that hopes for the best but prepares for the worst is one way to go about all this.
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I doubled down on my BTC investment at 8k. I'm long, but damn this is a rollercoaster time period. If prices come down to 3-4k a BTC, I'm dipping into savings and upping again.
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It may take a few months for the fearful to settle but if you just look at the overall picture of current events, there is far more positive than negative.
Grant you the few negatives are of some what larger scale, but many of the abundant positives are as well. Adoption is starting on many levels. This year will be a ride, we just need to hold on.
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agreed!
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I think we will be range bound for a good time while fundamentals sort themselves out. I don't think we have lots of buyers or sellers until the market gets more clarity on regulation at least. There is a ton of institutional money on the sidelines and that will be a catalyst for a new bull run. However, more FUD or bad types of regulation as we could head lower.
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While investors “wait”, nearly every major corporation as well as governments on all levels are inquiring/implementing blockchain...
This market should be recouping better than it is, though sadly I wouldn’t be surprised to see another dip in the near future.
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Hello #AltcoinArmy,
#NEO just Announced that they will be giving out a COMMUNITY REWARD (in the form of #Ontology tokens ($ONT) to anyone holding NEO Coins within their NEON Wallets.
Airdrop ratio: Each NEO will get 0.2 ONT (50% of which are freely tradable and the other 50% are automatically locked).
The snapshot of NEO addresses will be done at block height 1974823, which is estimated to be at March 1st, 2018, around 5:00 am (Pacific Time).
Source: https://neo.org/blog/details/3061
Thank you very much for reading!
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FUD is a bad thing in the crypto space but i hope people start to believe in what the are investing and not panic sell as soon the hear FUD!!
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