Another Crash – Crypto FUD & Market Blood

in cryptocurrency •  7 years ago 

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As the Cryptocurrency market continues to take another dive, I wanted to provide my perspective
On the current price massacre causing blood to shower the streets of the Crypto community. While
for some the current state of crypto may look dire and dreadful, especially if you just started your
journey into the Crypto world in recent weeks. If you find yourself frantically scouring the internet,
desperately trying to figure out what to do as your portfolio continues to sink, you’ll probably find
hundreds of articles, many with conflicting information about what lies ahead. You will find some
shouting “THE BUBBLE IS BURSTING”, and others chanting “SALE DAY FOLKS, TIME TO BUY BUY BUY!”.

Predicting the market is difficult, if not impossible, prices may continue to plunge for days, or you could
find things bouncing back by the time I post this, however if there’s one piece of advice that has been shared
on countless occasions that you should always heed as gospel (in my opinion of course), its HODL!. The only
way you can lose during a crypto crash is if you sell at a loss, at the end of the day, blockchain is here to stay.

If you had faith and confidence in the coins you hold when you bought them, don’t let emotion cloud your
Judgement, don’t let fear, uncertainty, and doubt damage your finances. The crypto crash is part of the crypto
cycle, to enjoy the bull runs and green rockets, we must persevere during the dark downs and red days. I hope
This post has soothed at least one anxious soul who may have stumbled upon it, and for those who knew this
All too clearly and perfectly already, I hope you found this at least a slightly entertaining read. Any feedback or
Criticism would be greatly appreciated.
I hope to talk to you again soon, and if not, I’ll see you on the moon:)
MD

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"shouting “THE BUBBLE IS BURSTING”, and others chanting “SALE DAY FOLKS, TIME TO BUY BUY BUY!”." this made me laugh, such extremes, I'm holding STEEM and feeling great about it during this plunge!

Thank you, i'm glad you enjoyed it! I'm confident my portfolio will pull through as well, STEEM included of course.

I completely agree with you. Blockchain is here to stay, so, if you make your own research and have found a good projects, just HODL. Please, don't panic sell.

every crash is a buying opportunity

along as you are still buy something you believe in

BTC completing the 3rd wave down. The trend reversal could be coming by mid February.

I agree, i think the reversal will align pretty closely with the end of Chinese New Year celebrations, then the real festivities will begin!