The only question you need to ask yourself is if you think that this is the beginning of the second great depression. If the answer to that question is no, then you should hold when the entire market is down. A correction will occur unless a new great depression is at our shore. I am of the opinion that no, a great depression is not quite imminent and so my strategy is to accumulate and/or hold during this period. When there is blood in the street, it's time to buy, even if that blood is your own (Rockefeller).
The entire cryptocurrency market and the entire stock market have shown incredible downturn over the last week, creating a lot of fear and uncertainty in the minds of the masses. This fear has created a large amount of sellers and unfortunately for them (likely), this market is going to recover and they will miss out on the returned money from that recovery. We have seen it over and over again with crypto, a sharp decline followed by an even steeper rise in price and I think we are going to see another one soon. It could very well be a play by huge funds to pull the market down, get a deal and then put prices through the roof. Even if that isn't what is going on, this is not the time to run away, not the time to flee, not the time to sell. If you hold onto your crypto and hold onto your stock, it will return back to baseline before you know it as long as this isn't the beginning of a depression. I don't think that is the case, so I will hold, as I said. Fear not. Keep calm and hodl on. Things will be fine. You'll continue to earn Steem and Steem will touch the sky! :)
Yup
I like your quot "Fear not. Keep calm and hodl on. Things will be fine." very motivating.
I'm glad to hear it! :)
I'm not selling any of mine. Hodl is the only smart thing to do. Lol
So i will. Hold
I think many people are frightened by the price of crypto all down hopefully not last long and soon bounce again
Good thoughts! Do you think it's to be greedy when others are fearful? :)
absolutely; same sentiment! :)
Thanks! Will keep that in mind :)
It will brighten up, no worries.
the market is very bad but hodl until the end :)
this song is always in my slice.
haha That's amazing!
Currently crypto market very bad. But it will gain again soon. So time to buy dip and keep hodl.
HODL best way to preserve cryptos without any losses.
Probably the best time to be investing in more crypto!
haha Yes!
Many people are frightened by the price of crypto all down hopefully not last long and soon bounce again
The market is very bad hope in future would be good.
Probably,it is the best time to be investing in more crypto!!!
I feel you my friend :D
HODL, and with these prices maybe put more in it!
I think I should start buying some crypto while prices are lowered. The future is positive for lots of cryptocurrencies as the fiat system is losing it!Thank you @biddle. I was wondering about your opinion on the current happenings!
✌️👍
If you want to profit you have to go against the market, buy when the others are selling and sell when the others are buying!!!
Great post @biddle your so right fear causes panic. We got to chill out. When my son suggested I invest in crypto he first off advised me to only invest the amount that I was comfortable losing (which I did). Secondly he told me that I was going to have to hold on tight as there was going to be hills and valleys but he felt in 2018 cypto and was going to soar. He also introduced me to Steemit and said the same thing about it that it would go up and down but would also prosper in the end.
Just hold on tight but it will all work out in the end.!
Your post "Hodl Today, Hodl Tomorrow, And Hodl Next Week - When Entire Markets Are Down, It Is RARELY The Time To Sell" is good post
Yes! it is the best time and thanks for your kind information
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Your post Hodl Today, Hodl Tomorrow, And Hodl Next Week - When Entire Markets Are Down, It Is RARELY The Time To Sell very good
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