— SteemCN

Wonderful post bro
so which crypto currency ur currently holding during these red days..

Thank you! :)

The market is so correlated I don't think there are any cryptocurrencies that will appreciate in very short term or that would shield you from the downtrend.

But if you are in it for the long haul, this seems to be the time to buy! Of course it would be great to time the market perfectly and buy at the bottom but this - as far as I know - is next to impossible! Dollar cost averaging might take away some of the headache if you are looking to grow your position and if like to gamble it up possibly having some relatively low limit buys on exchanges before August 1st might be a way to go.

In general, I think there is a big difference between trading and investing that I am planning to address in one of my future posts and it is important to know in which camp you find yourself when executing a trade (you can even be both with various parts of your portfolio!). As an investor you might want to look at the fundamentals and the history / people behind a project and invest based on that.

I am still new to the space and the three cryptocurrencies (tokens?) I feel most excited about are EOS, Ethereum and Bitcoin (roughly in this order ;)).

One thing I am not doing in this downtrend is doing any selling that is for sure!

Well i wasnt expecting such a detailed reply.

Moreover, I appreciate ur knowledge detailing how to deal with ur own self when ur playing with crypto currencies.

So here you are with a new follower.
Regards
Hasan.

BTW you also have a new follower ;)

Thank you Hasan. New to all this and your comment gives me a lot of energy to keep on writing.

bro, i can feel in u a writer.. who would be making alot of money on steemit..
just stay tuned. keep writing and here are some tips for u:

join steem.chat and use postpromotion channel to maximize ur chances of earning.
Try if you can use eSteem in order to post.
Use ur upvote power wisely, so donot upvote each and every post you see.

These are some of the tips that I thot would help you.

But please don't forget me once u become rich ;-)

Regards,
Hasan.

@hasannaqvi! Thank you very much for the encouragement and the tips :) Didn't quite understand what you mean by point 2 - what is eSteem?

Still not sure about my prospects as a writer but adamant to give it a go so guess we'll see what comes out of it ;)

All the best,
r

eSteem is a mobile version of steemit created by a genuis known as @good-karma

Check it in Appstore or Google playstore

RE: Cryptocurrency 101: What I learned from my first 30 days of investing in cryptocurrencies

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