Key To Crypto Success - Having Alligator Blood - HODL & BTFD!!!

Market pullbacks are not always fun, but they are part of the game and necessary to stop the market from over heating and crashing. Pullbacks allow the markets to cool off and continue moving higher. This pullback like others previously should be welcomed and although in the short term hurts the value of your blockfolio app; (I know you check it 1000 times a day) in my opinion it presents a buying opportunity to add to positions at a discount (ladder in) and increases your medium to long term portfolio gains! BTFD!! (Buy the F'in Dip) Sir Larry Wildman in Wall Street carried Gordon Gekko a few rounds buying on the way down and when it hit bottom, he was prepared to "Buy it All"

Although we are down significantly, we may still retrace a little further. It is important to remember to keep your emotions in check. Crypto markets are volatile (More so than stocks) and it is not unlike to see dips and retracements of 30-50% and in major A, B, C corrections like Bitcoin, Ethereum, Neo, Tron and others have had of 60-80% after large run ups. If you believe in the projects long term, it is a great opportunity to add to your positions as we have seen values recover quickly. If history shows us anything (See the chart below) What seems like a crash, is nothing more than a bump in the road. We will barely remember this when the overall Crypto market hits $1 Trillion and above.

The Tech Bubble didn't burst until $7 Trillion and that was mostly US Based. The Crypto REVOLUTION is Global and a complete shock to the entire financial system! The opportunity is bigger. You have heard that the heard is coming. I do not believe that they opened up futures markets, hedge funds, and entire financial divisions for it to end here. We are starting to see more adoptions from business's as well which is very bullish. If history proves correct, we are still in 1996-1997 Internet with plenty of room to run at under $600 Billion. In my opinion, we will shatter the Internet days as the tech is more disruptive with greater utility. If investing properly in utility which creates value, today's crypto's will be more profitable than companies whose model was based on views and not revenue.

In my experience, being patient, having enough alligator blood to beat Teddy KBG and adding at optimal opportunities will pay off in the long term. If you have extra fiat you can take advantage, if not, selling cheap crypto to hopefully buy back lower could be a risky game that ends up very costly. (Tax implications, Bad market timing etc..) Take a deep breath, relax and give the market time to finish its natural progression. Many people will regret selling like they did when Bitcoin was $100, $800, $1800, $5000 and alts at their all time lows etc.. If executed properly your portfolio will be up there with the Crypto Legends.

Keep the faith as Crypto can change the world and see you on the moon!
J$ Aka Crypto Legend
IG: @cryptolegendhodl
Twitter: @LegendCrypto

Get access to Binance: https://www.binance.com/?ref=16733320
*This is not financial advice, just my opinion and what I am doing