The Sky is Falling! Muh Cryptos Are Dying.
A quick look at the price charts this morning put me in a bad mood at first. They're all on the downward path, following Bitcoin as it plunges in value. Panic selling usually follows these trends, but even as a crypto noob, I see opportunity. Hodl - I believe the term is. Hold onto what you have. Don't panic. They will all rise again like a shiny little digital phoenix. Take this opportunity to buy, if you are in a position to do so. You will make a profit.
Yes, I'm gutted my saved SBD has halved in value as I had plans to upgrade my PC. But it can wait. Just in case SBD drops down to it's pegged $1, I exchanged it for Steem yesterday. My other holdings are staying in my wallet. I suggest you do the same and not panic.
Source
We can weather this crypto storm. Keep right on Steeming and stack your SBDs and Steem. Power up and increase your voting power and wallet value. Earnings may go down but think of them as investments: they WILL rise again.
We will survive!
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I'm not worried dude, they'll come back with avengence.
It is an epic buying opportunity for those who thought they'd missed out and for us old hats.
Buy, HODL, sell & retire!
Yeah baby 👊😎
I'm glad they're coming down. The amount they were going up by was unsustainable. at least now it can go back up at a steady pace, which would likely give the industry more credibility.
welp, so much for my lambo...
XD
Wow. I cashed out of everything three days ago so I had the money to write full time for the next three months.
Looks like my timing was perfect for once.
Holy crap that was a lot, glad you were able to park it.
You're so smart, @johnkingwriter!
I just fluked it.
So psyched for you, choosing to write full time. I’m in your cheering section!
I am upvoting your post both because, like a scared little kid I took comfort in your message, and because the adult part of my mind agrees you are right. Steem on! (And thanks for the comfort. I needed that.)
I may have laughed a little too mych at your comment haha
Yes , these are black days in crypto .... I lost more than 20% from my value .... I hope it will be back ...
Amen to that 😘☝
Buy if you have the means. If you don't at least do not panic sell. HODL is always a good solution.
I wish i had some spare money to buy steem right now. but how knows. It has been falling steadily for over a month now, so it might go even lower.
I checked kpop news earlier and there was a news of a college student committing suicide because he lost a lot of money to crypto with the downtrend :/ .. Thanks for this post. It's reassuring especially to those not used to the dips yet.