VLOG 209: BUY NOW? OR WAIT??

in trevonjb •  8 years ago 

Continuing with the panic selling topics, in todays vlog I talk about if I would suggest buying crypto right now on this downward spiral if I would just hold off on the buying for awhile. But this isn't financial advice. I have to say that so no one can sue me if they listen to me and I turn out to be wrong. I like to call this..."Life Advice".

Enjoy!

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Buy Bancor its the only token with a floor

Im going to stay down and hold on through. Also mimicing your bitconnect success aswell hopefully. Thanks @trevonjb

Now only in BTC and steem the majority in my teamspeak think we are going down but the contrarian in me thinks otherwise. Rekt.jpg

Meme of the DAY!!!!!!! 100% UPVOTE!!!

My "advice" is.... Buy Steem. Wait. Wait. Wait. Profit in about 5 years 👌

Be careful @trevonjb the word "bear market" is like "Beelejuice" say that shit too much and it will appear!!!

Antshares tho... speak on that homey!!!

I just relax and keep steeming :)

i am doing the same..

BUY BUY BUY!!! This is a short lived correction...Keep up the videos @trevonjb.

Yo fam this is the best video by far 💯 good solid advice for investors and newbies 🤓 You got my 100% upvote and I re-Steemed

I like that $2280 can almost be considered "devastatingly low" now haha. Wasn't so long ago it was half of that...

Love the vlog man, keep it up.

  ·  8 years ago (edited)

I'm taking the approach of taking a look at what coins you're interested in and would have purchased last week. If your looking to invest/speculate but not day trade and the fundamentals haven't changed, choose the one that dropped the most, and pick some up. Don't blow your whole wad on one purchase, just pick up 4 - 5 smaller lots of coins on the ones you're familiar with and are on sale...

Just what i was going to say

True-dat...

Don't sell. Buy steem. But with bitcoin, I'm interested in seeing what happens after August 1St with the split.

True, better would be to buy little on every drop..in this way you wont regret if it goes up suddenly.

I scooped a little steem this morn. Looks like it is holding up ok so far since. Thanks for the tips.

keep up the good work my dude you coming up big cant wait to see the video of the lambo

I've been buying little bits on the way down after the first two days of price drops. I think that is the best method because you can get the coins cheaper than they were but don't have to guess the exact bottom to still get good prices. And you don't have to worry about losing all the money you have to invest if you tried to guess the bottom and went all in at once.

Lol.. nicely titled "Life Advice". I'm hoping that steem will keep going down so I can power up.

I bought some ETH after your video in morning at dip going to sell a few now. Thanks for vlogging.

very smart. never catch a falling knife, dude.

wait ,hodl, its summertime, enjoy live nothing more to add =)

life advice? this should be profit advice! would like to say thanks trevon for sharing how you are capitalizing on this current situation.

i was initially saving my btc / buying more for buying genesis contracts but ive now decided to switch it all into steem. i may not see the short term return but i hope it shall boost my steemit account in the future! really like your advice and wish i had been following you since your first sub! also btw i watched it on youtube first!

Would love to watch the whole vid but first I will buy me some extra bitcoins. Will be back later! ;-)

Just buy something and hold. Prices go up and down all the time. Pray your purchase has gained profit ide say.

Like you said yesterday man what if people are wanting to taking their winning and go on vacation for the summer lol

@trevonjb - Good advice. I was already doing that, but It makes me feel good to hear it from someone else. Especially someone that has been as successful you. Thanks for another great video.

I need more of this in my life....everyday

lol that's the shit.

To the....

Hey Trev. You're doing an awesome job. Can I take you an interview? I want to spread your story with everybody. It will help a lot of minnows. I already took one about papa-pepper and it turned out very well :D

I'm honestly conflicted right now...I have faith in (most) of the big cryptocurrencies bouncing back and then going higher than ever before, but you never know, everything might just drop and stay down. It's that scary time after multiple currencies reached new all-time highs...

Anyways, great video, thanks!

  ·  8 years ago (edited)

Great vlog Trev, Grats on 10k! will be aware for tonight vid hopefully.

New to cyptos. Really enjoy your videos! Thinking about laying of buying for a month or so. When do you think this "potential bear market" reverse?

Completely agree with you on your dollar cost averaging "life advice", but I didnt hear you say Dash....pretty established.

Great video with some really good financial advice...Oops I meant Life Advice - LOL I was able to pick up steem on the dip yesterday and I am glad I did because its up today. Like you, i do like litecoin and bitcoin to hold. However, I have to admit ETH is one of my babies. I love what they are doing on their platform. the roller coaster ride can be a little scary for most, but as an investor I love the feeling. Call me crazy. Keep on rocking. This vid is 100% worth a resteem!

press the button and buy, now

You're alright in my book. I bought more ether when it tanked...........grrrrrrrrrrrr. I hope it hits 350, i'm dumping all of them. I might buy em back again but i'm taking the profit and just getting more btc. I really was skeptical about steem but i'm gonna go in a little on it. Not over $1,000 though. Just a little

  ·  8 years ago (edited)

I agree, Bitcoin, Steem, Litecoin are good to invest nowadays. Finally, someone admitted that it is an advice. I like this strategy, if the price will go down you can balance the loss buying with a lower price if it will go up then still you already bought at a lower price and eventually this strategy lowers the risks. So we should buy on different points.

You're absolutely right Trevon - this isn't just trading or financial advice, this is LIFE ADVICE! Buy a coin only when it is currently down in price (like it's on sale at a Macy's!) and only buy if you have enough money. Once you've bought whatever you can, hold on to it until it rises again. Then ideally when it pumps, you can either sell it and get a profit or keep holding, buying more only when it dips again.

And another excellent point that I've never heard anyone else say yet - never buy at the same price twice! So if you bought some STEEM yesterday at $1.50, wait until it dips down to at least $1.25 before you load up on some more. Very enlightening video @trevonjb - this is what I come to see and learn every single day!

Looking forward to that STEEM giveaway. I'm way more active on Steemit thanks to your videos Trevon, but I'll be sure to keep an eye on my post notifications on YouTube just in case the giveaway starts tonight!

Thanks, drive safe bro!

It is probably best to buy right now in this huge dip. Especially steem. The price for it at the moment is great for investment

Shoulda bought yesterday not today. Today is too late for some of these.

It's definitely a buyers market right now. I am interested in buying some silver coins for my stash since I don't have any yet and will be doing some online shopping later today. I guess I started at a good time!

Cool man!, i am glad you are brave enough to give some advice, we newbies need them... I tried trading once and happen exactly what you said, i throw all my bitcoin and than i was worried because anything went up lol... We must learn from other people experience...

I'm constantly watching coinmarketcap to monitor steem. I still don't know what value will be the one to buy steem. But then again...perhaps I'll just buy in portions. I don't worry about the Steem i allready have because I have it all in SP. I'll just wait till the price is right instead of reaching an ultimate low.

Great advice Trevon! I definitely believe in buying finished projects and only coins that you feel have great long term potential, not just all hype, but actually have solid evidence behind them. A+

Hey! I saw you on YouTube the other day! Thanks for the great advice and Im following you brother!

THE PRICES ARE GOING BACK UP!!

or at least they are on certain exchanges, most of the coins are now in the green

I'd buy for sure! knowing that the overall market cap is down 20 billion + almost everything in the top 20 would be a steal! I made 30% off a purchase off Siacoin i made yesterday

Whatever that Janet Yellen said caused a bounce in crypto and precious metals. Thanks as always for the post @trevonjb

Just buy, after a dip the price will go up. Crypto is new but the traditional markets are so old. They go also up and down... after al long period you will see that the prices have gone more up than down. But of course no Warranty. O and Trevon great vlog again!

Today was a buy day for sure. If only I had waited till today lol

Thank you very much for the advise Trevon. Much appretiate it. I see many times people afraid of advise in videos because of the are afraid of provide a bad advise however is up to people have the advice analyze it, research by their own and take the final desicion.

As a new buyer, i was considering getting a couple of different cryptos. I like steem, bitcoin and litecoin. Need to understand litecoin a little better but i've started attaining it now too. Thanks for the informative video! Definitely keeping the choices small.

Good video Tre! I think Eth is a good investment right now. I doubt anyone will ever be able to buy at the current price.

Buy now, then wait! I don't know how you vlog while driving, I would be going through a car a week if I tried that. #skills!

what drives me crazy is when people drive and TEXT, thats the thing that makes me paranoid....theres nothing like driving in a car going 65 down the road where the driver has his head in an instagram conversation

Steem is already up 14% from yesterday , I need to buy some more steem since im too lazy to post alot.

Today the market is growing up so I think that's a bit too late for buying cryptocurrencies. But it doesn't matter you already made a good vlog :D

Have a nice day

Brothers buy a little now and keep some bitcoins For the Next Big Deeps before 01/08/2017 :D

wqujL0w.gif

why that date?

SEGWIT!!!! Lot's of uncertainty impending and people will freak and sell. That's MY guess. I bet btc drops way way further in the run up to the fork.

But I would buy! The rate is growing steadily and quickly ...

I love your advice, even though we shouldn't use it as buying or selling advice. I really appreciate it brother! you have got me started with steem!

I've laid off trading for another day. I already spent my budget making bad buys over the weekend. When the markets bounce back I will be ready to try again. :-)

Thanks so much for this. You're an inspiration in the midst of the panic sales.

Finding the perfect time to buy things like stocks or crypto is hard, maybe impossible. You never know where it goes. I stick to my plan to buy Steem and a little Bitcoin as soon as my Coinbase Account is set up. But your advices are good. I think the same.

  ·  8 years ago (edited)

Im starting to like #Steem more and more everyday

Just buy Steem and power it up :) i think we will have a big profit in the long run!

i will stay tuned..

I agree, buy low and sell high! I bought some more yesterday and today, but I wanted the sale prices to last longer!! Thanks

Buy buy buy

  ·  8 years ago (edited)

Great advice 🙌🏼🙌🏼 Just post on steem and work your way up :)

Bought SibCoin one month ago and today its up 70%! Great day in the market overall; I think bull market is approaching not bear.

you can scale inn the buys when its going down for me this is a opportunity to get cheap coins :D

He is live now!!!!!

nice haircut

Buy eth ofcourse

better do it now before the price shoots back up in a few days

yep

I keep watching the market, and then I buy a little bit of the cryptos I am watching. Trying to average as they go down.

buy, hold, and grow rich!

Great strategies you have there. i pressonaly buy coins that i trust that will up again & it's right time to buy some

Ohh no more panic, let's do something positive.. lol

nice

Cool advices! chilling =P

I just relax and keep steeming :)

Haha best intro! :D

thank you for introducing me to steemit :)

I getting quicker... keep it up.

like your vids bro, keep em coming!

I'm still out of trading crypto at the moment and I'm on my research on investment opportunities. But, the way it looks, right now is that all major cryptoes still have a potential for growth, as with recent highs people became more confident in investing in this industry and the only way to get in, is through major crypto currencies, so there should be a sufficient demand for them in near future as well. However, I'm not sure if speculation can be the best investment option in this market as there is great potential with new products, but of course it requires a lot of research to avoid completely useless projects, which unfortunately dominate at the moment.

I always believe steem to hit $10 thus It's time to put the BCC interests in steem power. :)

Buy now! There's blood in the streets!

Great Insights @trevonjb Highly appreciated tips especially for people just starting out with crypto in a market crash.

I just don't see all of this completely collapsing. Crypto isn't going anywhere. Hold the major players, and you're not gonna lose your shirt.

Buy like you have next bought before!!! If we all buy today, BTC will reach $3000 by tomorrow... Thank you for all of your YouTube videos, I'm watching them like it's my job. Currently watching

Right now!!

Thanks brother, best wishes!

I bought back in at 2350. I think we are going to recover, I have some analysis on my page.

Buy when its down, sell when its up :P

Thank you very much for the advise Trevon.

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I got some btc on this action

i study accounting. This steemit compound and simple interest rate calculator works.

I only have a couple thousand USD. 1 steam which = $1.90 now

It would take 1900 to generate 6 bucks a day if we have 1000 steem power right now. You guys should check it out!

https://steemit.com/steem/@deeprocks/steem-power-interest-calculator

Watching your video!

I'm not too worried about bitcoin. I mean, after all, it was just $323 a little over a year ago. The price fluctuations are just the nature of the game. In fact, I say don't worry about any of the prices and look at the long-term outlook of the companies behind them. Besides bitcoin and I'm for Steem, BCC, LTC and XRP. The big picture is that digital currency is here to stay, so one should do one's research and get something. Not to invest in any digital currency at all is to watch a good investment train just go by. Just my 2 cents...

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