Bloody Sunday SLAMS Crypto Market: Buy, Sell, Or HODL?

in #crypto-news • 7 years ago

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Its been quite a ride so far today! Hopefully tomorrow will be a big bounce day.

Hodl till 0.

Great car video yet again. I see all the red in the market as a buying opportunity. It is time to grab some of the good coins at these low prices. We all know this technology is here to stay. So guys should just hodl what they have now and try to get some more- no need to panic :)

The thoughts here are solid Omar; the potential is great but we are still in an immature phase of the technology with no solid intrinsic value backing these assets other than the supply and demand which often is manipulated by whales and tat the mercy of the FOMO and FUD in the news to get views. The longer term is great as the disruption and growth seen in many traditional industries are exciting to see come to fruition. This will be overall positive as only the true projects that deliver value will survive and be stronger after the capitulation.

I try to constantly remind myself that we are in the early stages of a major technological change (think early world wide web). There aren't really any major use cases or "killer apps" YET, but there will be some day.

The future is bright! Stay long!

The sell was above 8k not now. But if your aren’t HODL you may as well sell cause your about to sit through some shit. Been saying this was coming for weeks.

Bitcon price went down to 6000 today.

Bitcoin will be under 5K by summer end. The buying strength is gone.

I think that you are mistaken. I've been waiting for crypto spring, I'm waiting for crypto summer now. Bitcoin should go up

long bear market is more likely, and bull run afterwards

Exactly!

As I said 5K coming

Already in the 6000s

I’m not saying bitcoin is dead. Just that it was way over bought end Of 2017 and we are going to over correct to downside
5K is a certain
Then later upside
But not till we bottom To 4-5K

MY I ask why you think short term it’s going higher?

Holding around $6,500 right now, but dang...another rough day for BTC and crypto's - we need a good week soon!

I was hoping a Youtuber would make a video today in response to the market madness! Thanks for doing this on a Sunday!

People want to hear some analysis and reassurance when the market dips so dramatically.

Found resistance at 6600 but if it drops again, its probably going to test 5k. Pulling everything with it.

It's a good day to buy!....:)...

I think this is the best time for real investors.

Well said my friend. Well said!

Thanks for always keeping us informed dude!

Like I said on YT just now for this ---- great job Omar.

Omar @crypt0 not even concerned we know that when everyone gets discouraged that this is a good time to look at the tokens that you want to add to.................... I even picked up some more STEEM today since it is back under $2.00

Just don t panic , I think its a good time to get Bitcoin now. Last year Bitcoin did very well at Q3 and Q4, This could repeat this year.

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Understand SENTIMENT and you understand this market...visit my blog, if you will..thnx.