Should you panic sell in this crypto blood bath?
Hello steemians
I've been hiding under a rock during all this!!! lol ... no I've just been doing a lot of traveling ( from crypto gains ) and enjoying life during this downward trend.
The thing is guys... THIS is the true buying opportunity. It's not to say that we are at the bottom but here is the thing. No one can predict the perfect bottom. Will bitcoin hit 2000$? Maybe ... maybe not.
Bitcoin has dipped and recovered all throughout it's lifetime and it finds STRONG support at $2000-4000$ range. Would you rather buy at a 50% discount or risk not doing anything then a massive uptrend comes in your sleep and say .. man if only I had bought when it was low during February. The market goes both ways guys. Also the stock market is in a huge sea of red too. There are MANY factors at play.
You keep seeing guys say it and I will tell you from my experiences as well. The way to play this market is to HODL! Hold your coins for the LONG TERM GUYS!
It is hard to do when you are so short term focused but look it is just the way it is. You want your Tron lambo? You will need to hold through all the ups and downs. I have not made 1 losing trade in crypto because I simply do not sell in red. If this was a mature market the holding thing would still be true but not so much as it is now. It is BECAUSE this is STILL the beginning that really anywhere you buy will be good. NOW is a very good buy. If things go lower.. EVEN BETTER!!! Changing your mindset to this is the way to win here.
Just giving you my tips.
Also
MY TOP 3 ALTCOIN PICKS TO BUY DURING THIS DIP!!!
TRON ! and no I'm not just a fanboy. Seriously this is my TOP pick. When all this bloodshed is done.. OMG we are going to see an explosion here.
NEO - The chinese ethereum .. oh man is it undervalued right now. This is like picking up ether when it was around 40$
IOTA - a little of $1 for IOTA !! WHAT!!!! Yeah enough said here.
In my opinion you can't lose with these 3
This is not investment advice and I am not qualified to give investment advice this is just for informational, educational and entertainment purposes.
I'm interested in what you guys think is a great buying opportunity right now during this dip?
Drop your top 3 picks in the comments :)
I'm going for Neblio, Stratis and Oysters.
But time will tell. These days I'm trying to get the average book price down, which is working but it is time to rise again :)
I'm one of the those who stepped in in Dec 2017. But no plans for panic selling. It will be all, a little bit profit or nothing!
I bought into all those at the 70% what they are now. It happened to all of us. The key is holding. I like Neblio a lot.
I've been in this since 2013. Unfortunately I didn't understand hot wallets back then and I lost my coins while in crypsy from a "hack" they claim. The little I had in coinbase at the time became 1/3 of the money I use now to fund my travels around Asia and to build my current business. They rest came from real estate.
Hang in there! It's going to explode again!
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