The cryptomarket is gone bloody red .. a good chance to make money!
I got into the crypto market about 2 and a half months ago, i bought my first bitcoin and some Ethereum , i believed in Ethereum and i still believe in it. The funny thing was on the day that i got in Ethereum started going to the Moon! i was so happy and surprised. On the other hand , watching what was going on in the cryptomarket i really felt sorry for not getting in earlier, as many of us did.
Time passed by and i saw the downfall coming, ETH is correcting, Bitcoin is getting forked so i decided to sell everything.
I sold everything i had of Ethereum and Bitcoin and took the profit while leaving my initial capital inside ( well if you can name 1000 euros a capital)
A week passed by and i just watched from outside what is happening, after that week of thinking what should i do i decided to buy some Litecoin and Dash, having in mind that the closer we get to August the 1st i believe that lots of us will seek a safe haven in those 2 cryptos which might lead for their price to rocket eventually. So for now i'm holding on those 2 coins until August, where i think that but coin will hit the bottom of 1000 euros or even deeper - due to the massive sell out from panicked people. Then it will be a great time to buy in again in the game.
The sure thing after all is that when all of this bloodbath is over , Cryptos will eventually go back up.
Let's see what will happen, don't panic and see this bloodbath as an opportunity to buy in if you haven't yet.
Take care.
P.s: I am new to the crypto world, i am no expert and this is just some personal estimates.
Dimitris
Oh man you dont understand how small the market cap is of the entire cryptoland compared to stocks. Starbucks is 80 billion so cryptoland is just as valuable as starbucks. Now thats fucking small beans apple is 750 billion imagine if cryptoland market is as valuable as apple. I think it will go to 4k sometime in the near future probably a year from now. just know eventually people will start buying again. How low will it go before its over sold.
Yes i totally understand that the market is still in it's infancy stage, eventually people will hop on the train , or hop back on in some cases ;)
@aravas18
Great content!
Thanks for sharing!
Thank you @qagiri