Don't worry about the recent fall, all cryptos are down, it is called a market correction and it happens to all asset markets from time to time. After prices go up high and quick lots of people start to pull out to realize their profits, other people believe that the market is overvalued and other people just get scared and run out. It is ideal to sell before the correction but if you find yourself in the middle of it it is best to hold your coins and wait for the rebound.
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agreed, there must be downtrends in order for an uptrend to occur, good post, followed
Appreciate it mate! followed you too
Don't worry about the recent fall, all cryptos are down, it is called a market correction and it happens to all asset markets from time to time. After prices go up high and quick lots of people start to pull out to realize their profits, other people believe that the market is overvalued and other people just get scared and run out. It is ideal to sell before the correction but if you find yourself in the middle of it it is best to hold your coins and wait for the rebound.
agreed bruno, thank you for the response.
Simple market correction / buying opportunity.....GO! GO! GO!
hahaha!
I fully agree!
Thanks! glad we're on the same page
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by patcherhond from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.