On the sideways crypto market and the essence of DYOR

in cryptocurrency •  7 years ago 

We're Moving Sideways in the crypocurrency market.

As you know, the market has been so bad lately.

It's almost a bit painful to monitor your portfolio, especially if you're not very confident in your investment choices. The bearish market is something of a disaster. Bad news after bad news popping up here and there.

Maybe if BTC can progress past the 10,000 mark, it should start creating a more positive uprisng for the entire market.

It's times like these that are tricky if you're a day trader and make any weak hands sell off their investments for a loss.

And that's exactly what is addressed in this post.

DYOR.

You are missing the point of you sell off at every crypto market dip, buy a cryptocurrency based on hype or can't even explain the basic function or mission of a coin you put your money into.

DYOR is a term thrown around in the crypto space a lot - and for good reason.
It's your money. And this movement is inspiring us to take back our power and let our voices and ideas truly be heard.

You know what they say.

With great power comes great responsibility.

And so with that power comes responsibility.

Building the skills of knowing how to research ICO's, and altcoins has never been more important.
Having those skills will not only help you identify new coins with huge potential and return on your investments. But you'll also have 100% confidence in the long term vision of a coin, then it makes easier to not get effected by market psychology.

Rest assured Bitcoin will rise again. So keep HODLing
for the lambo
🚀🚀🚀


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Hi, great post, have followed you. What do you think of the current state of the Bitcoin market?

Everyone thought March was going to be the month bitcoin rebounds and maybe even touch All Time High again. That has not been the case so far. The crypto market has been plagued with a lot of FUD that keeps holding the market from achieving more.

That said, I think it is a good time to stock up on Crypto now. BTC, AltCoins, everything. Because soon, the crypto market will bloom again and those who didn't get in now will rue this missed opportunity.

👍