TLDR:
Perspective:
Many Fridays - Crypto markets often go RED.
The end to this week has been on the fence with a 50/50 red-green mix......that is for sure.
Big losses all week, after holding steady a lot of the last few weeks.
The 50% red in the markets contained a LOT of double digit red/losses til the last day , after a big green couple of weeks recently.
A bloody week..... with a mixed end to the week. Market has shifted to nearly every coin being up or down around 2%, hovering around the 0% range.
Today is a 50% Red / Green Day!
Here is the Last 7 Days for the Whole Crypto Market Cap via CMC.com:
We rarely see much if any Green on FUD Fridays in the markets but today there is a great FUD Friday example.
But who can complain after the complete bloodbath we have been seeing for most of the last few months, really???
Markets trading UP most of this whole last few weeks again.
... We have been in the Red for a good part of the last several weeks
Were you Buying the Dips??????
Market Overview Today:
Sorted actually by LEAST losses (biggest gains) -- you can see only about 3 coins paddling above water today.
Tips:
-- Do your best to remain calm, look at trends and charts for a week, a month and so on.
-- Remain in the game. Do not panic sell or buy ever.
-- Dips are corrections -- not crashes.
-- Only Invest What You Can Afford to Lose and Invest in Projects/People/Crypto You Believe In.
I keep stating it to remind people and also ...
So many new people arriving at Steemit/Crypto daily, they are new to all this, like we all were once.
Buy Low. Sell High.
Your Friend in Liberty --- Barry
We are all early adopters here, if you are even close to reading this today.
Be encouraged.
Not Investment Advice / Do Your Own Research Always.
FUD: Fear/Uncertainty/Doubt
FOMO: Fear Of Missing Out
Thanks for reading, have a nice day.
My Philosophy In Daily Life & Travels:
I have always tried to be kind to people every day, as part of my life Philosophy, since I have always believed we can achieve more TOGETHER.
My path to Crypto and Liberty is with you guys.
У вас хорошая жизненная философия!
Thanks for the write-up !
It really is hard to keep a cold head while you look at your coins going up and down and then down some more lol.
I agree about buying the dip, but would like to add be patient and let the dip ride out. I myself have bought to early many times.
Thanks again for the post and good luck !
Compared to the market in generel, steem performed very well wich is nice.