January 2018 is over. It looks like it was the worst month for Bitcoin and for many other cryptocurrencies. Our Steemit has been hit. Is it time to throw in the towel? Is it time to quit? Is it time to HODL (Hold On for Dear Life)?
In this video I talk about what it happening and you get to see something you won't get elsewhere. I look forward to your comments. Thank you for your upvotes and letting me know this is working for you.
I look forward to hearing from you!
Terry
▶️ DTube
▶️ IPFS
Hey @terrybrock / Thanks for posting this! Love to see the office in the picture, and I really appreciate the thoughts on cryptocurrency. I'm still very much a rookie! Talk soon :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Glad you enjoyed it, Kent. Nice to have you here on steemit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for saying so. I like to mix it up every now and then and tonight was more of a relaxed, casual video
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I really enjoy the relaxed vibe of the video! It's refreshingly real. That's what amazes me about this place. As you can see, I've had a baptism by fire here since we last talked. I'm "all in" as they say. Let's catch up soon!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sounds like a great idea, my friend! I look forward to talking many more times and seeing your efforts on steemit pay off in a big way for you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hey Terry, I am just seven months in cryptos with me starting to post on Steemit. In that short time I have seen how the crypto market moves and it looks to me like a push and pull of investing phases and selling phases. We are just seeing the next pull before the next push.
The technology behind it is so revolutionary that it can change the world - particularly Steem as it offers an easy access into the cryptosphere without any investment required. Bitcoin has the strongest name and many others amazing usecases.
That all being said I think there is no way that cryptos in general will fail. Quite the contrary: We will see a fully tokenized world where your refrigerator, your trash and your toilet will generate money because there is value in saving energy, seperating garbage and generating bio energy with human poop. ;)
These coins will not be worth $10.000 (assuming the Dollar still exists in 5-10 years) but even if they are just worth 1 cent they will still be valuable and add up.
2018 will be the year of years for this revolution!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is wonderful to hear from you! I appreciate your work very much and I'm glad to have you come over and visit my site. Thank you.
I have to agree with you what you saying about a connected world. I just got back from covering CES out in Las Vegas for the papers where I write. There are a lot of gadgets and Home Appliances that are being connected via the net and The Internet of Things.
Thank you for coming by and I look forward to having you visit more in the future
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just bought some last week and looking to buy more this week as well!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good for you. That is a smart thing to do
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome video Terry. The way you communicate with your viewers is great. I think you should make a video for fellow steemians about how to control emotions when cryptos, bitcoin is crashing. I know a lot of people who bought bitcoin when it reached 19000 and then sold it when it crashed and ended up losing money.
People need to know what they are investing in so they don’t become victims of crypto-mania.
Keep up the great work and keep posting.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am with you on that man. I would personally hodl for the long term :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Holding on for the long-term makes a lot of sense. Too many people try to get my quickly and they don't do well. Keep up the good work!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I learned the hard way my friend. I would have had well over 200,000 dollars in profits if I had just held without selling. I am sure many people experienced this as well.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I am trying to buy more myself
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
yes! Every little bit helps.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This time the slump might continue for a few months, no? Because lots of people might have bought higher and are now disappointed.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is always possible and of course, we don't know which way it will go. However I think good for the long-term we are going to see cryptocurrencies have an even more important place to play in our world. Thank you very much for your comment and for stopping by.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Free 420 BIRD tokens
Just follow these easy steps:
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
crypto and other blockchain assets would be valued 'ten trillion' atleast within the coming years and ill mark my word..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
WOW😮
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm thinking that "WOW" (complete with a smiley face) is a good thing and you like it! Hey, thank you very much for stopping by, @trumpyourface180
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Amazing post
Creativity at its best
Erm... I have a new post on my blog that i recommend for you. My post is similar to yours and
I think it will help you and in other way it will help me too.Please upvote to put me in a good start as a new steemian.
Thank u
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How low do you think the price of BTC will go before we start seeing a rise above $15k? I saw some posts about people thinking it may go as low as $8k. I definitely agree that what we are seeing now is a market correction. There was a good run for a while and a lot of people cashed in on their gains.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A healthy correction is going on. This is exactly what we need. The corruption and greed is being called out & addressed. I'm happy to be holding and so fortunate to be involved in what is surely to be an amazing future.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yep! I think we're in major correction territory. It will recover and come back later, I think. However, we don't now what is going to happen. Should be a fun ride!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Your video is quite informative and realistic in its analysis and conclusions.
It was frightening to hear that:
and that South Korea is almost banning crypto currency by its recent declaration by its customs of having exposed crypto crimes worth a lot of money…
The atmosphere in the US is also not much different.
But it was gladdening to hear:
For me, the most important and happiest news in your video is your affirmation that our Steem is very strong, and the fact that we have the opportunity to make money with it. This is very encouraging.
Thanks a million for this timely information, especially in the light of the current downward slide.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you very much for your kind comments. Nice to hear from you and glad to have you on board. Yes, some of the statements are a little bit disturbing that we saw in the news. However, I think that long term we are going to see cryptocurrencies, Bitcoin, and especially our Steemit do well
Very nice to have you visit. I look forward to hearing more comments from you in the future
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks, too. Definitely I'll be making more comments. That's why I'm following you already.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Glad to have you here, @sungbojus!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If I had bitcoin I would sell now and maybe buy back later at a lower price.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The future of the world is the crypto currency. It will completely replace money from paper. And it will be correct, because, the crypto currency can not be falsely printed, blocked, arrested. Bitcoin has long existed. He was predicted that he would someday disappear. He did not disappear, but on the contrary became stronger. And so it will be with all the crypto currency. The world does not stand still, but develops. And the crypto currency is the new stage of the financial future.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
bitcoin is considered a threat to the business world over the years. they are afraid of drowning with the severity of bitcoin. you, also i should not give up, i will support bitcoin. keep spirit guys
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvote my new akun
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
worst January 2018 but best is coming just be patient
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Does anyone one know why non of the videos I resteem from DTube, including this one, show up in my blog? Sorry if this is an off topic comment. It's just that I would really like to share/resteem this video and it seems I can't. Am I doing something wrong?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Tron (TRX) became a father figure in my life, read below:
https://steemit.com/bitcoin/@marioiii/tron-trx-is-my-daddy
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It seems Feb is also going to be worst.....
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I read an article that said "last year was the year for ignoring it, this year is the year for debating it, next year will be the year of accepting it." I think that oversimplifies things a bit but I agree with the gist of it. Before the only people interested/talking about this stuff were the fans. Now the people who lean against cryptocurrencies are actively getting involved. Which means regulations, governments, regulators. People calling it a ponzi scheme and everything else. So this will be a time of turmoil. The early adopters running into the opposition who aren't being quiet about it anymore. I think that's actually a good thing and a natural thing. It's what has to happen before broader societal acceptance of Cryptocurrencies can happen.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I saw that CNBC headline too, they failed to mention what a great buy it was in December 2015 based on the price today!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is a BRILLIANT point, @realitycheck (love that moniker). Could be that bitcoin, steemit and other cryptocurrencies are on sale now! :-) Thank you for your comment.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes!!!
Let’s buy more 🙈
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think of it like bitcoin being on sale. :-) Thanx for yoru comment @mammasitta
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hello Terry and thanks for your reply as well. I love this current situation in a way because so many good coins are cheap enough to buy more. That’s what I meant. It’s on “SALE”. Steem On! I am not going anywhere 😉
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Terry- GO BLUE!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
A nice crash but I guess we will made it in a few hours or days until the market stabilizes again and goes back up. Hard times for sure, be need to stay calm and think rational: See the blockchain and not just the short term money.
The technology behind it is just revolutionary and will change the world for sure. There will be many up's and downs but I am sure the market will rise high in the next months and years.
I simply recommend that all shaky hands do nothing while we are going through the Elliot wave on the supposedly sinking ship. Wait until the market has stabilised and then buy back if necessary. Don't sell your "losses"! You'll be happy when the prices start to rise again.
Personally, I'll do some shopping at the lowest point. I will orientate myself on good, renowned projects with a bright future as for example:
STEEM, ETH, BTC, PAY, NEO, IOTA, DASH, PRE, SEND, OMG, SUB, just to name a few of my coins.
Cryptocurrency will have a bright future and in my opinion there is no chance that cryptocurrency as a whole will fail. There are just way too much possibilities out there to use it. I mean look at STEEM.
I wish you all good luck out there
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
According to the firm Autonomous Next, the number of hedge funds investing in digital assets like Bitcoin has grown rapidly to more than 100. Since the launch of Bitcoin Futures on the Chicago Mercantile Exchange in December 2017, it shouldn’t be a surprise to anyone why the price of Bitcoin is down 50% from the high.
bitcoin.PNG
Only Retail Investors chase price and buy high and sell low, while the Professionals buy low and sell high. The Hedge Funds have purposely sold Bitcoin futures to get in a better price.
At the moment, there is a war taking place between the buyers (Hedge Funds) and the sellers (Retail Investors) called capitulation. That line in the sand was at $9000. Capitulation is when investors give up any previous gains, by selling, in an effort to get out of the market. Capitulations are outcomes that result from the maximum psychological and financial pain that can be endured by a group before throwing in the towel. The Retail Investors are throwing in the towel after seeing a more than 50% correction in the Bitcoin price to the buyers, the Hedge Funds. With 100s of millions of dollars to invest, we are witnessing an accumulation phase by the Hedge Funds between $6000 and $9000.
The Hedge Funds are loading up and buying from the Retail Investors. But to fill all their buy orders, as the sell orders dry up, price must go down to the next stack of sell orders. We are approaching what I believe will be the bottom of bitcoin at $6000. My first target is $12,000 and my second target is $17,000 over the next 3 - 9 months.
The easy money has been made over the last 12-18 months. With the big boys in the game now, the rules have changes. The question is, are you ready to play to win with a new play book?
This post is my personal opinion. I’m not a financial advisor. Do your own research before making investment decisions. By reading this post, you acknowledge and accept full responsibility of any gains or losses.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for this post!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit