Hi @emmyem84 you’re definitely not alone. It’s easy to have these feelings during difficult market times such as these. However historically these are always the absolute best times to buy cryptos in general. Although seeing as though you’ve probably boughten a large sum previously during the highs much like many others including myself. I can’t seem to time the market as good as day traders do. So I HOLD. I learned my lesson about selling once before after I sold my litecoin for a profit only to then watch it continue to skyrocket. So my advise is take the time now to increase your steemit earnings (and stake) and keep learning about the market overall. That’s what I’m doing personally and picking up more shares during these down turns when I get the extra funds :) Hope this helps!
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I am definitely a holder! I am also hoping to pick up some more Steem (tonight maybe? although I have a feeling if i buy tonight it will go lower tomorrow, of course! lol!)Hey @tspink! Thank you for your comment! I actually messed up in my post, I said I started buying in Nov, when it was actually early September,I dont know why I wrote November.. (So I have seen the ups and downs of the market over the last several months) Your Litecoin story sounds exactly like my husband. He sold his Litecoin right before it started moving and came out with a tiny profit (he was impatient). He felt awful for weeks!
Haha that sounds all too familiar!! I did the exact same thing! Lol I definitely learned that lesson the hard way! Right, sometimes I feel like the markets wait until they see I’ve bought in then will turn the opposite way. Hopefully it’ll turn around soon. Although I don’t mind picking up more steem in the mean time at these lower prices! (Looking at the bright side)
Maybe I'm thinking of this the wrong way, if Steem goes to a dollar, maybe I could have a chance of becoming a minnow! LOL