LIVE: MORNING INTANGIBLE CHAT | SCARY TIMES

in trevonjb •  7 years ago 

ANOTHER red day in the crypto space today. These are indeed scary times for some people who are into cryptocurrencies, especially those who are new and who may have just started buying. I went live to see how my subscribers were feeling. If they were pooping bricks or if they were still feeling confident.

Enjoy!

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I have to admit, I am getting a bit nervous. But I am not trading and in it for a longer run but still no fun if you dont have fiat anymore to invest

Waits patiently and accumulates.

never ever stop buying, not on a dip and not when its high.

still SO much to be made in profit with these, these are growing pains for all of us

This post received a 1.6% upvote from @randowhale thanks to @hackerwhacker! For more information, click here!

I don't have the slightest clue when I am cashing out but I do know my numbers aren't even close yet so whatever happens between now and when my numbers approach is kinda like watching a high roller craps game in a casino just sitting back and enjoying the show.

Im not sweating this little pull back...I call it a buying opportunity Steemians, not like this meme!

lmao, that photo!!!

NEVVVVVVVEERRRRRRRR!!!!!!

I lost quite a bit but just holdiing on, no need to be upset XD

I only wish I had more fiat, everything's on sale... ;-)

sell your house and clothes! its the only way!

Is anyone using tether to store value in the short term...? I get a queasy feeling when it comes to anything "tied" to fiat. If I'm out on the water in a boat I don't think I'd feel more safe if someone tied me to the hull of said boat...?

I'm not sayin, I'm just sayin...

Good for me when price is low, cause I will buy some crypto for the first time. I hope the price will stabalize and give me some cash. BTW I had a good laugh at your voice at the beginning :D

Scary times indeed buy remain strong and HODL!

whats a HODL?

Hold On for Dear Life

you sir, are my hero

i'm currently on hold,until the market regain it strength lol

Its only a matter of time before prices are right back where they were

It looks like the bears are winning this morning, BitcoinPlus went off again though!

I wrote about the problems that I see as all the currencies are tired to Bitcoin....bad move...

A lot of people looking solely for short term gains is properly feeling a little nervous, but the more educated long term investor should continue to feel confident in the wider outlook. Myself falling into the second camp here.

TONS of people got into the market while it was high expecting to have continued gains on a non stop basis, and these are nearly all people who know NOTHING about crypto, so now that the market has dipped these people have lost their minds and are draining the market

Indeed, couldn't agree more!

I'm just going to do the same thing your doing .. buy steem at a low price and power up :)

Don't worry about the recent fall, all cryptos are down, it is called a market correction and it happens to all asset markets from time to time. After prices go up high and quick lots of people start to pull out to realize their profits, other people believe that the market is overvalued and other people just get scared and run out. It is ideal to sell before the correction but if you find yourself in the middle of it it is best to hold your coins and wait for the rebound.

I am holding & buying some additional coins. Hopefully I am not throwing my money away.

no way, this is just the beginning of the crypto revolution! =D

You better believe it !

  ·  7 years ago (edited)

well, i am invested in the two stocks AAOI and SHOP and they are also in the red today. Really tough days for investors.
But it's important to believe in your strategy and follow it...

I think we're in full correction mode right now. I would just stay clear of the market for a bit. It's only a matter of time where we should be able to pick up some cryptocurrencies for a great price.

keep buying little btc to hold onto because i want it for genesis mining upgrades but steem is so tempting to buy...

I always say.... its easier for something thats 1 dollar to become 2 dollars than it is for something thats $2000 to become $4000.

I would think that steem is undervalued and should be around $10 a coin, i think its a great long term hold

  ·  7 years ago (edited)

I havent sold any bitcoins since I got in the space and I don't intend to for quite some time.

From my perspective either way the market goes it's a good thing. If it goes down that's the opportunity to buy, If it goes up you are making $$. It's win-win as long as it's a good coin.

also you need to have enough funds to be able to buy more coins..

You need rain in order to receive growth, the rainbow always comes after the storm.

very well said!

Much appreciated!!

Holddd !!
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Bulls will come back hoooold!! :)

need to stay cam for some time until all the market caps are recovering .

BULLS Will be coming back soon and this time we will go through the ROOF! HOLD and you will be Happy long term =D Grats TREV Bro on reaching 10k Followers


NIKE Just Do It

  ·  7 years ago (edited)

Another awsome (almost) 2h talking with u and the followers about CC and other things ...
And congrtas for the 10k Subscriber ;)
Remember guys :

Does that mean his name is HoCoi now?

lol Yeah, i like his new name :)
Right now i'm just like him, my coin r trying to break out of my wallet and i'm trying to hold on and dont panic/sell :)

lmao ! hold on tight !!

It's scary but that is the nature of these markets. Just try to get as much out of them (relative to you ) as you can when the going is good - Thanks for posting !

I avoid to open my poloniex account

dont be afraid, embrace it

find out where you made a mistake, and never ever make it again

I am still holding all my portfolio. I am fucking nerveous!!!

I wrote several articles about this two days ago and why....of course the Whale Bullies and anarchists came out of the woodwork versus try to understand the real problems with the cyber coin industry for the short term. Steem and Bitcoin will mostly likely fall a lot further from here over the summer.

wooww... now I am scared!

They just smashed my page and article where it is suddenly hidden ...thus 100% proving my point....if the founders cannot stop this madness fast, then authors like me will be forced to post in Google to all 50,000 of our social media and then some....this has got to stop.....Steemit cannot allow cyber bullies whom Steemit is paying though Steem Power to sensor the news and free speech....

dont be nervous, this happens every few months, things will be back up in a week

Seen on Youtube 0_0 & The Sky leads up up Up UP ~ Keep on Stacking them Intangible Bits...

** Puts on seat belt and holds on **

Its gunna be a BUMPY ride

I rode with you all the way on that roller coaster! Screaming son, room change and all lol ! Good stuff my guy & congrats on hitting 10K subscribers. I shouted you out in my last blog check it out if you have a minute https://steemit.com/trevonjames/@cryptoblessings/congrats-to-my-dude-trevonjb-hitting-10k-youtube-subscribers-what-are-your-longterm-plans-in-the-cryptoworld

Appreciate the upvote good sir! Power to the Steemians

i wish i could have more money to buy now.
But 1st is only 4 days away i will wait my paychek :))

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Starting to see green, is this hope TJ??

Nice stream trev, this one made me laugh a little more than the others :P. hope you have a wonderful day, and ill stay tuned for tonight :D Grats on 10k subs btw!

Another interesting and educational intangible coin talk today!

Can you put your buy and sell order targets in advance so i can under cut you with my 30 Steem please. :)

dont panic guys! just hold and it will eventually go back up!

This guy knows what hes talking about

thanks! followed!

Bring those BOTTLES to the Baby TREV VIP Immediately!!

Confident as EVER.

nothing about this dip has stopped me from buying more.

These things happen, and panic sells happen all the time, this wasnt the first one and this wont be the last. we ALL know prices will rise again soon, cryptos are simply on sale right now

I am pretty glad I cashed out, but now ready to jump in again as soon as I see some support some where. The only Crypto I have left is what I transferred to Steem Power that has shriveled from 3k account value down to $2400 in no time lol.

Yeah... A lot of opportunities for mid traders.
But a little bit hard psychologically for guys who invested a lot and think about crypto as long term investment.
What can you do..

Learned a lot from the stream this AM from you & the group! I agree that this is only the beginning of something BIG! Keep your heads up!

It's a bad day for crypto.... As you said, early investors have taken their profit and are going for summer vacation...

The best thing with the live show is the interaction between you and all of us on youtube. I love it :) You do a great job

nice discussion and informative, keep up the good work

These are good days, shake off the weak hands and buy at support!

I wrote several articles about this two days ago and why....of course the Whale Bullies and anarchists came out of the woodwork versus try to understand the real problems with the cyber coin industry for the short term. Steem and Bitcoin will mostly likely fall a lot further from here over the summer.

Great video Trevon! I love your passion about STEEM. I believe the same way. Steemit is such a great platform that is here to stay. And it's interesting to hear you would like to live in Poland, not many people say that. I may have to pay it a visit someday lol

  ·  7 years ago (edited)

I'm just starting learning about cryptocurrencies and don't have anything to worry about yet. Just wanted to say that I viewed one of your VLOG just now and will be viewing the rest soon... Love it, it's easy to understand + you're cute and funny ;) ...Thanks a lot!

Actually watching right now before you posted. Congrats on 10K subs!

It is summer time and traditionally markets drop. Markets do corrections. I personally do not have any concern. No Panic, no Sell, cryptocurrencies is the future. Everything will return to normal. Good day to all!

Continue to be an encouragement for them, because I'm sure you can.

AntShares seem to be doing well today i did analysis on ETH/USD and it seems to be hovering around the 50% fibonacci retracement level. Thanks for the vid : )

  ·  7 years ago (edited)

market correction + uncertainty about HF + crash, but eventually, I hope cryptocurrency prices are gonna rise, this is not the end, we should keep our hope and look for the right moment to buy some more coins

Always get me love laughing. Hahah red day buy day lol sharpe knife for sure though. I enjoy seeing you trip that had to have been so awesome.

This is definitely not an aberration - we are certainly in a bear market and I think there are plenty of red days to come unfortunately. Day trading is gonna be pretty much nonexistent with virtually every coin affected across the board. HODL on everyone!

It was pretty funny to see SBD priced higher than STEEM at one point yesterday. Pretty dark too that we're all getting our money back in BitConnect with cheap BTC haha. There's still the UASF coming up in August so expect the pump to be coming soon, especially in BTC, so help is on the way!

Great talk! You're doing a good job educating us. I've learned a lot from you.

Definitely quite scary and it is what it is... man has to be a man to hold the coins and don't start losing your mind.

I'm not worried at all. Everything will go back past where it was. I'll just keep mining and earning. Whatever I have when they go back up will be worth more.

keep up the streams we enjoy them a lot.

like the vids, keep it up :)

cash out and re up time relax I like the way things are going but you do look mad hurt in the pic lmao my dude you cool as hell

BUY AND HOLD

HOLD AND BUY

  ·  7 years ago (edited)

I made a post yesterday on my blog about how the penny stock nature of these cryptos are related to stocks. When everyone is scared get greedy, and when everyone is greedy get scared. The time to be scared and tentative is when ICOs are just released and everyone flocks to buy. Times like now when everyone is scared and dumping out of fear, is when to buy up everything. A Warren Buffet theory.

Probably about 10% of investors who invest in stocks, bonds, cryptos, etc are savvy enough to navigate the waters without irrational actions. The rest are sheep who will follow what everyone else is doing.

awesome vlog as always . Keep calm and hodl!

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I like your postings. Teach me more

It was a good live session. i really like how so the mainstream media type financial show you are NOT. With your family there sharing the moments with you on your journey. You have played your cards right by allowing your investments build to the point where you could devote more of your time to it. This is, in i's opinion, one of your best choices. i am going to write a short story on my blog sharing my experience on how i broke away from the JOB to independent financial responsibility. Check out i's blog when you get a chance. Keith out.

What up trevon I'm also following you on YouTube this is Dj face aka Daniel keep up the good videos. Thanks for all the inspiration.

This is what markets are like.

This quote by Troy Osinoff from yesterdays Forbes interview (which I also just blogged) is timely "Spikes and collapses are largely either (a) a market reaction to new information or (b) the entrance of another big player into the market.... The sudden influx of sell orders attracts more sell orders, and the snowball effect can cause a short-term pullback."

Market corrections are normal.

Soon there will be sunshine...

ruff days .. only the real trader willl pass it

You doing great man. Keep the faith strong and HODL onto it!

Well guys, one if the reasons is that many people are writing articles about cyber currency that several whales do not like. So they are going around in Steamit and smashing people articles off the board, smashing their pages and ratings, harassing them, calling them rude names and more...one even told me this is an anarchist only web site and they are offended to have others here who write anything they do not agree with...well in the real world we call such people Fascists...but there seems to be little gangs running in Steemit who think this is funny as they hide behind their screen names....this is exactly what i wrote about happening in Steemit and the founders need a block button and to stop down votes....

Trev do you speak some polish ;)

Hahaha stay cool trevon men

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Everything is on sale! Hodl!

I saw you got your account stolen or something and I wanted to know how you recovered from this. Maybe you have a link to a post about it? My son messed up trying to set up his account. I don't know what he did. He's @frostydog i have his password but there's something not working. We tried to set him up a new account but he's just got the one phone number and it won't let him do it. Anyone who can help me figure this out?

Someone knows how are cryptocurrencies today?