January 16th, 2018
It is moments like these that feel so unfair to the new investor. The newbie to the scene who just bought high and now is watching their cryptocurrency investment drop by 50%. It is moments like these that test you. Hodl or sell? Buy more or sell all and cry? The panic selling, the sea of red, it's simply overwhelming. Take a moment to stop and breathe. Think logically about the crypto market, the progress already made, and the realistic road ahead. Is this the end of blockchain technology? Of course not. Is this drop due to multiple factors of FUD and government regulation scares? Yes. This drop will correct, and we will all see brighter days. Do not make the mistake of selling due to an overwhelming sense of fear and panic. Instead, if you feel the market will not correct and you are sure of it, sell with reasoning behind your decision. Do not allow a sudden emotional sell haunt you. This drop is affecting everyone and can be seen as both a positive and a negative. It can be seen as a fire sale, and a nice entry point for many investors.
I'll leave this post with an awesome quote from Vivian Greene that I think really relates to this moment in crypto:
"Life isn't about waiting for the storm to pass...It's about learning to dance in the rain."
Here's to a successful 2018 for everyone!!
HODL
Precisely.
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