Dont panic everyone! This may be a peak for setting up profit!

in #crytpo7 years ago (edited)

You may be panicing to sell all your crypto right now, but now may not a good idea and you should hold on to at least some of your coins. Remember a month or two ago when bitcoin crashed from 20000 to 6000 in a series of just weeks, well it sprang back up to 12000. Whoever decided to chicken out early made a BAD choice. The same is happening now, as bitcoin has just crashed to around 7000, although it could be possible to crash to 0, it is not likely, and I would advise you to hold on to at least some of your crypto, as it will probably spring up again real soon.
Note: In reality, its what you decide to do with crypto, good luck out there.

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For future viewers: price of bitcoin at the moment of posting is 8314.30USD

I say do what you 'gotta' do to maintain your sanity. Crypto is not something that should stress you out. Life's too short.

I can remember people touting...power up, power up; but, actually it may have been better to invest, invest.

So, one more time...do what's best for you.

Peace.

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