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@joeparys
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Don´t forget the real good news @joeparys:
With Bitcoin dropping a 1000US$ per day, this will go on max. 7 more days!
So it´s time to celebrate! 😉
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WE probably agree on many topics, forinstance Anarco Capitalism, but there is one MAJOY topic where we yet do not agree and therefore I am BEGGING YOU to watch the 5 videos I posted under the tag #notaglobe ... the earth is flat and you need to wake up to it, then we can make steemit great:
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Not saying you are wrong but did you see SpaceX launch yesterday their rocket into space? CGI? O_o
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yes, cgi, space is not real as you think you know it (I mean the launch rocket into the water, but not into space)... now I am busy doing other things. Keep the steem up!
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cant tell if trolling..
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The reason it's so hard for most people to understand Bitcoin is that most people don't really understand money. Money isn't wealth. It's an accounting system used to facilitate the exchange of wealth. (The paradox of money is that while everyone wants it, no one actually wants it - they want the stuff they can buy with it!) Many people are put off by the fact that Bitcoins are 'just data'. But that's what ALL money is, information! More precisely, money is a means for credibly conveying information about value given but not yet received (or at least not yet received in a form in which it can directly satisfy a person's wants or needs).
To put it yet another way, money is a ledger. With fiat currencies like the dollar, that ledger is centralized. And that gives the central authority responsible for maintaining that ledger tremendous power, power that history has proven will inevitably be abused. With Bitcoin, the ledger is decentralized. And that means that no one individual or entity has the power to arbitrarily create new units (thereby causing inflation), freeze (or seize) your account, or block a particular
payment from being processed. We've had decentralized money before. After all, no one can simply print new gold into existence. And the 'ledger' of gold is distributed because the physical gold itself (the 'accounting entries' in the metaphor) is distributed. But with gold, that decentralization comes at a heavy price (literally). The physical nature of gold makes it hugely inefficient for global transactions.
And this is why bitcoin is important! It is the first currency in the world that is both decentralized and digital. It is more reliably scarce than gold and more private and transactionally efficient than "modern" digital banking. This is why people are excited about bitcoin, it has the potential to be completely revolutionize money.
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Yes!! This is very true @shahaan thank you for sharing and taking the time to write this comment! There is still much learning for many people (myself included) and the more knowledge we have the better decisions we can make moving forward :)
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haha ... that means a lot.. i stand nowhere.. u ppl are my inspiration here.. i m just new here... n i m trying my best to get involved with everyone... Again thanx for such huge inspiration.
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I'm committing this comment to memory. It is such a clear and concise way to explain Bitcoin, and the nature of money. Thank you!
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If it was helpful... I m glad
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Great explaination, I feel like I am having this conversation with more and more people. I might just read this to them the next time someone asks me about bitcoin! :)
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Fantastic break down there Mr @shahaan👍 A vast majority is still unaware of the power of blockchain technology. A few stock analysts who know about bitcoin consider it either a pyramid scheme or simply a bubble which is crazy. Even stock market is a bubble that crashes after a bullish period but that doesn't means people stop trading stocks. In fact, when a market crashes, it's the time big players start stocking up for maximum gains in the long run. The same is happening with bitcoin and it's doing correction which was long overdue and we're already seeing "told you it's a bubble" sort of posts all over social media. But, the smart ones are silently placing their buy orders on different price levels for the long run. The most important thing to look at is the supply of bitcoin which makes it scarce (21 million hard cap) which will result into more demand in future and hence, more price increase. :)
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Well said my friend! I couldn't have said it any better...
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I reeeeeally really appreciated the way you explained that so clearly and succinctly!!!! Do you want to try to explain steem to me that way too! Hehehehe I'm looking for a very short and simple way to be able to convey the beauty of this site to others! I can explain it 85% of the way and get people very excited.... And then... They undoubtedly ask me something that I don't know completely...and I lose them! Lol
So many people say oh here is a great article... But it's way too long and complex!!! I'm looking for something that starts simple and STAYS simple and clear!
Wanna try @shahaan??? Hehehehe :)
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Definitely saw this comment on YouTube a few months ago by someone else. Wont show any hate cause it is a valuable comment though and (had) definitely explained the crypto space a bit better for me
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Actually I hope to see a headline by the end of the week that goes something like this:
"Wallstreet flights into crypto to hedge crashing stock market."
:-P
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XD I wish
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Best headline ever! I'll say an extra prayer...lol
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Just hold do not sell just because everyone else is selling...
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I agree with you
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Don't forget to buy more on the dip.
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What's up Joe! In my opinion, this is probably the best time to buy. Why would you want to buy at all time high? It's easier said than done though of course because emotions are hard to control :)
A major correction was long overdue and what is happening now is not surprising...
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Completely agree with you @generation but I'd like to share my opinion here. The correction is not over yet and bitcoin is still struggling to find the bottom. If it couldn't hold the $7k zone, we're heading to the $5500-$6000 area. There will be bull traps and FOMO buying during these days but bitcoin WILL try to find a decent bottom before making a trend reversal. But still, current prices are good to accumulate for long term bag hodlers so somehow we are on the same side of opinion and long term bullish on bitcoin. ;)
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Always glad to see optimism in times like this! I share your opinion @generation on the time to buy and buy cheap we will
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Yes I agree! This is an opportunity I believe! Always darkest before the dawn!
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Dollar cost averaging every paycheck has worked better for me mentally. If you commit a course of action in advance and believe in crypto long term then temporary dips don't phase you as much.
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you mean temporary crashes/meltdowns?
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there were many "best times to buy" in the past couple months....and all those were losing decisions, you can't buy when you already bought higher
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Well, I personally bought at 13k and then at 9k and then at 6k. You can never know the real bottom but if you believe in the long term and think Bitcoin will be for example 500,000 (just an example) then buying at 16k would be better than buying it at all time high but ultimately even if you bought at all time high you will still be good if you believe in it long term it's just that you won't maximize your position.
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This is true, however I do think there is a point of no return. Meaning a crypto will never go below a certain point again
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I hope so, I still can't believe I bought ETH at $1300 and BTC at $12,500...wish I had waited
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you can not look back but forward.
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Understand that Bitcoin is volatile. Understand the technology. Understand that human nature will always align value to this technology. HODL.
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I agree with you. Thanks for the tips.
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Im optimistic with this dip, Im still buildong my portfolio in crypto, so Im seeing it as an opportunity!
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I have view most of your videos and they are great I love them joe...Good job....I speak relatively about the same thing....and also learn a lot from ya....thanks again Joe
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Awesome @waltliquor glad to be of service!! Also how did you get that shiny logo thing haha thats pretty cool I want one :D
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I used a app called " my moving word" on the Android play store...then u can make a logo name like that...thanks for writing back Joe...I appreciate it @joeparys
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If we can make an argument that lot of new money came to the crypto market from the inflated prices of the stock market and general health of the economy and job market, then what follows if we hit a downturn in the stock market, new money supply will dry out from the crypto market at least temporarily.
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this is why you never invest more than you are willing to lose in this type of environment
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Just deinstall portfolio and drink some tea
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The best thing to do is HODL
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Hey @joeparys Thank you for the tip! I think we might be at the dip! :)
Please take a look. I really appreciate it.
https://steemit.com/bitcoin/@pozzecco/6700usd-might-be-dip-of-the-bitcoin-i-don-t-say-it-the-moving-averages-says-so-check-it-out-bitcoin-technical-analysis
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Upvoted, vote me too please https://steemit.com/blog/@rsrestinga/kapitakof-earn-rublos-359a0d8a6a
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crypto and other blockchain assets would be valued ten trillion $ atleast within the coming years and i'll MARK MY WORD..
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R.I.P Bitcoin
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Nice advice sir...Really now is the time to get tougher, now is the time to invest more. God bless!
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It's amazing how buddies of mine that were doing everything they could to get a Coinbase account while BTC headed towards $20k. Now that it's in the $6k range they could care less. If you're a buyer at $20k why wouldn't you be a buyer at $6k!?
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It was my first video of you that I watched. I loved. I subscribed. I look forward to even your next publications.
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Bro, Someone in my family own 16 bitcoins. He living life!
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Just sayin
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İf you ask me, we shouldn't make quick decisions. The buyers made big sells and now waiting bitcoin fall down to 5000$, and in appearance, they got what they wanted. Now it is time to buy big amount of cryptocoins for them. With these big transactions, bitcoin will make a big up in a couple of days. I recommend not to loose hope, start buy bitcoin little by little if you have some money to invest.
Sunny days are close.
Thanks @joeparysfor sharing,
@racoo
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wao in 8 minutes so much silver 260$,,, you're a champion ,,, my congratulations ,,,
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Wow thanks for motivating us into our tough times @joeparys. I will try to use this tips you gave. Because every time i watch the sbd value, it's like watching Onion, it makes me cry.. but i hodl cause i know sbd will rise again we just need to wait.
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#kgakakillerg
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honestly I am hoping for STEEM to reach $1 for a day or so just so I can buy buy buy buy LOL. But obviously once I buy I want STEEM to go up 300%.
Gotta love when crypto goes on sale!
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Nice
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I am new to crypto and been waiting a few months to figure out what to buy...... I am waiting for the green light but I keep seeing red! .... I am waiting for the sign!!!!
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Nice video ! I will follow you!;D
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I think the opportunity to buy will be available in the futur too , I support u , terrific post
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Thx for your tip. I discover the crytocurrency and u help me
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I can't wait for ETH & BTC to double so I can break even! (sarcasm)
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Today many people have been writing about the crypto bloodbath, even I did that. It is great to have your inspiration on one of those dark days to spread a ray of light. Investing in Steem is double value. Next to the actual value of Steem itself you are getting more power which ultimately increases your reach on steemit. That might be worth even more one day to come.
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Great points man. It goes against everything in our being to invest when markets are down, human nature is to run. But like you said, the tough gets going when times are rough. Fortunes will be made.
And like you said, Steem for the win!
What a great opportunity to grab some Steem and power up :)
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I love seeing the floundering noobs that only ever have 2 questions... "Is crypto dead?" or "BCN, when moon?"
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HODL all the way!!!
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wise words. Thank You for sharing this with us. Let's just hope it doesn't keep follow! But right now we only can wait and invest :D
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followed and resteamed, the choice to get into crypto was about the benefits it brings, alot of people are getting sick of getting screwed over by the banks and other high fees that keep the chains on most of the population, if we get rich that is a plus! Brock Pierce the true crypto king is going to puerto rico and re- building it all with crypto,thats why i invest,to help everyone.
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Heeeey mutlu günler arkadaşım 🙋♀️🤗🤗
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You got a 11.30% upvote from @postpromoter courtesy of @joeparys!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
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hahahha good joe, is exactly like this these days is to endure and not despair everything will return to normal very soon, the adaptation is inevetable, I hope you continue to contribute with your experiences and tips greetings brother
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It was not a good Monday though
For buyer it would be chance of a life.but if you made the mind of selling cryptos which I don't recommend for now it's better to HODL it ,but if made the mind already do invest in currencies which are doing good against the USD.
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Fingers crossed we see a little bit of a recovery in the next 2 to 3 days, for the sake of the market. Ive been exploring the possibility and impacts of market manipulation, which I am beginning to think more and more may be the reasoning downward spirals. I guess time will really tell.
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There are many different things that aren't helping with the crash. Yeah this was coming but there are some things going on that aren't aiding the crash.. Lloyd bank is now prohibiting crypto purchases with their credit cards. China is now banning all foreign cryptocurrency exchanges by the People’s Bank of China (PBoC). The market will recover. When? not for another month or so. Am I freaking out? No, although I don't have much invested but even so I am more than confident that the market will boom this year.
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everytime i check my portfolio and see it's down another 10%
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I have a similar opinion to yours, I really think BTC is going lower to $5K, and "luck favors the audacious"!!
It´is definitely a good time to be buying, personally I´m waiting a little bit more to put my money in the lowest that I can get and then I´ll sit on the investments and let them grow, in the meanwhile I´m having so much fun in steemit and learning a lot with the community that time will pass by in an instant...
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People are missing the opportunity to BUY NOW!
I'm not giving up just because of this bad dip. I'll shoot to the moon.
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When everyone else is selling is usually the best time to buy, when everyone is buying is when FOMO hits and you feel like you should jump in - WAIT. Right now when everyone is panicking, is when you should ask yourself, do I believe in the future of crypto? If so, consider jumping in
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Weak hands and FUD is never a good combination. If you don't believe in the technology of the coin that you are investing in, you should get out of crypto RIGHT AWAY. To quote a Redditor that goes by the name Sendmybar:
Just keep calm, and HODL. We're in this for the long run, not for short-term "Lambo/Moon" gains.
Furthermore, the SEC has good news for cryptocurrency traders - they support cryptocurrencies! Feel free to check out the article that I wrote about it here:
https://steemit.com/bitcoin/@stevensteel/the-dip-is-almost-over-sec-chairman-s-positive-stance-on-cryptocurrencies-revealed-in-written-testimony-before-tomorrow-s-joint
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This is a good time for me to get some coins that I had a hard time affording with my mad money.
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quick Question.. can we delete pics ???? Just a quick note : if you post yourself or your family or , YOU CAN PROBABLY NEVER DELETE IT. its is not like facebook, instagram when you can delete the post after a year or two. It STAYS THERE FOREVER..
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I believe this is correct -- you can edit posts on steemit up to 7 days I believe but not 100% sure myself :D
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it shudnt be such... we should be able to delete such things. :p
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YOUTUBE: Demonitized for sexual content
DTube: (flips bird to ad revenue)
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Ive been buying more BTC and altcoins during this downturn. Has anyone bought Steem? Im thinking about buying some especially since it has a working product. Im just still trying to wrap my head around the different forms of steem money (liquid, power, etc) and in which form to store the steem tokens.
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Gracias por la informacion, la plataforma de Dtube me causa mucha curiosidad
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Always a solid position now that banks are integrating and society is in the mainstream adoption phase. Be greedy when others are fearful.
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Thanks Joe, good advice sir. I am loving the deep "discount" I am getting on Steem right now. Great time to buy!
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I have took one of your courses on udemy and it bought me here I will be following you for sure.
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Easy subject, easy to predict from here. It is SHOPPING TIME soon. At the lowest BTC price you can still buy alts, because they will pick upp BTC in green and shortly after BTC, the alts will go green too. It is obvious, there won't be always red in a market. And those who are here from a longer time, they know that once the Lunar Year is over, the prices will go back up, to then in the summer go down again. There are periods in a year, when everything is on sale. Prepare for those with USDT, Ripple, bitshares, etc. (stable currencies pegged to USD), or cash and get in then. Once it hits tops like nov-dec and late spring (apr-may-june) you can sell and wait until prices will go down again and buy more. This way you can build up a portfolio without stressing about day-by-day trading. This is my strategy, I am not a financial adviser. Followed and Voted up!
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Thanks for the tips. I take responsibility but love weighing the opinions of the pros like yourself.
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This is the best time to invest. But invest wisely!!!
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Congratulations @joeparys, this post is the fifth most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 384 and the total pending payments to posts in this category was $12226.66. To see the full list of highest paid posts across all accounts categories, click here.
If you do not wish to receive these messages in future, please reply stop to this comment.
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Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @thejohalfiles valued at 247.48 SBD, based on the pending payout at the time the data was extracted.
If you do not wish to receive these messages in future, reply with the word "stop".
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thanks for the tips @joeyparys.
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"when the going gets tough, the tough get going" when you said that i had billy ocean play in my head lol
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Panic selling usually happens in several phases:
Step 1 - Something occurs that causes the stock price to rapidly decline on high volume.
Step 2 - Eventually, a high volume day occurs when buyers and sellers fight for control of the trend. The winner then takes the trend on low follow-up volume.
Step 3 - If no significant trend change occurs at point 2, then there is typically another point of high volume in which a substantial reversal (long or short term) may occur.
Step 4 - This process continues until a long-term trend is established and confirmed with technical or fundamental factors.
In your opinion in which of these steps we are now?
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This is one of the best time to buy BTC.
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Markets inevitably recover. What is needed is time for the recovery. A huge mistake that most investors make is panic when the media spooks them and they end up selling low what they bought at a higher price earlier.
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You're always dropping it like its hot Mr @joeparys. Shoutout homez.. Thanks for the upspirit!!
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I agree, this is the time to buy. I've only been in the crypto world for a short time. And not long ago BitCoin was like over $19,000. Not to mention what it started at. I found out about Steemit trying to find out about BitCoin. So here I am.. Now trying to earn or gain Steem. I am very new to this platform.. So any help or advice I would take
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Great information. Loved your article.
Did you read this one?
https://steemit.com/blockchain/@lcbisu/blockchain-graveyard
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I hope Bitcoin and other crypto goes up again. I have 12 Bitcoin on my wallet and want to sell it with profit :)
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I originally posted this on Reddit this is what I am doing for fun. Here is my plan I am open to suggestions. . Buy $10 worth of 50 different crypto coins . They are all going to be small market caps and not listed on many exchanges . Plan on trading between the coins I pick with the goal of accumulating . I will only ever sell 50% of my holdings In any given time Basically my reasoning is that as coins get added on to more exchanges they gradually increase in price. Combining that with just the general swings of crypto I hope to come out ahead. I plan on doing my due diligence and researching for a good week all the coins I plan on buying. For now I have settled on INT tel dbc aigang rpx clearpoll oyster hst dragon and trinity. Would love some feedback and suggestions hopefully a few of you come along for the ride and have some fun in this bear market with me:)
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Great information.
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If we want Steem to live and go back up, we have to work for it - i have some crypto-pennies, and I'am transfering it to Steem.
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@joeparys thank you very much for sharing this news with us.
I am literally new to cryptocurrency.
I appreciate you sharing the good because you have helped me know more! I am glade how i knew just a little about bitcoin .my thoughts easily suggest experiences different than mine are not possible!
Anyway, i have my introduction and appreciation post on my blog.
Check
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@joeparys , we have to watch . As our mentor we appreciated ur effort to keep our morale high. Thanks
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Nah, not the time to give up ! IT'S TIME TO DOUBLE DOWN AND WORK HARDER THAN EVER ! I m developing a little free game to integrate it on steemit ! with the help of a programmer @hitmanchoi ! So no, i'm not going to let dips and down get to me ! the less you pay attention the more you focus on something really important, your content !
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I believe you @joeparys. it's actually better to hustle when the spirits are low. There's more peace for some reason..
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