HODL: We’re Almost There

in cryptocurrency •  7 years ago 

We’re in the final stretches of this correction following an impulse buy. The only thing continuing to drive this decline is the slew of newbies panic-selling, unwittingly adding to the very problem they’re trying to avoid.

The best thing to do now is to HODL strong and educate the newbies around you to stop selling off all of their investments (probably for a loss).

Please re-steem and upvote this post so that we can put a stop to this panic selling!

Get started with cryptocurrencies at either Coinbase or Binance.

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As always, the information in this post is not investment or trading advice; the information held is an opinion piece on the subject matter, supported by linked references.

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YES, just a little more dip for my buy orders!

The concern is that if the correction continues to, say, the $425B lvl, next supportive landing zone is $350B-$375B. The market is oversold at this point (shown by buy sell bars at bottom of the image), so the sole driver at this point is the panic-selling.