With the dip today in the market as a whole, a lot of people are concerned about the crypto space. While those people are concerned, many aren't worried at all. I'm one of them. A lot of people are speculating about how much institutional money has already entered the crypto space, what is going to enter soon (a dip like this would be a good opportunity), and when will the dips end. I think that there will be more money entering soon for a number of factors, not the leatst of which is the publicity that crypto has been having. It is featured all over TV now; during the NBA Finals, I saw a commercial for 'IBM Blockchain'. That was really exciting to me (also likely I'm going to pick up some shares of IBM; I think the stagnation of that stock may be about to end because of crypto; they have a great first step advantage right now). The entire season 5 of Silicon Valley on HBO involved an ICO performed by the main characters. Blockchain Tech is here to stay and where tech is here to stay and grow, money will follow. That's what I think anyway.
I'm very sad for crypto market
Stay strong, it'll be fine! You have to patient during corrections/dips (unless there is a compelling reason to think that crypto/blockchain is going anywhere). :)
Markets correct, and this is a correction and consolidation phase, once we make a bottom then there is only one way, and that is up. This was the technical part, fundamentally there are several reasons to be bullish, INSTITUTIONAL money getting in, more media coverage on the uses and benefits of blockchain and increasing adoption etc.
I’m a hodler and add on every major dip.
It’s always good to see Indian Investors with such a great knowledge and mindset.
I am a hodler too.
Good to see you too.
The markets are very low, it's a nice opportunity to buy and hold. Steem is very low too, hope it all get better soon for more profits.
I agree! Great time to buy Steem especially, I think. I plan to add some more soon and will continue to do so any time while it is below $5 per steem.
Un mercado bastante complejo pero en el cual solo los experimentados en el podran sacar ventaja, asi que lo mejor sera comprar las ofertas y esperar que el nuevo bull market :). Regards
Cryptourrency isn't for the faint hearted for now, I know the market would still correct itself
Yes sir, gotta keep your hands strong!
Surely, they are as strong as ever 😎
No revolution isnt met with obstacles, crypto currency/blockchain technology has revolutionised and would continue to revolutionised not just the financial space but how we do things. Days would come when the blockchain would be how elections are done.
Im not worried 1 bit
Well said! There are so many reasons why this is only the beginning! :)
Everyone Hodl hodl hodl!
My advice... Buy more freaking Cryptos (if youre a long term kinda guy) if not... maybe Cryptos isn't your thing (yet)
Amen to that!
Yeah...I see market being big drop currently. Someone disappointed and someone happy. Why they happy? They are positive persons. They know price will rise in future, So decide time to buy. Hodl please.
I’m one of them as well. I’m glad we are on the same boat. I have been saying this for a few months already that we need this “scare the hell out of everyone” panic selling dip. To get rid of weak hands. That’s what institutions and smart money are waiting for. That’s what they are rooting for. I don’t think we are there yet, but we are getting close. I want to see record spike in volatility, that would be the moment I would add the final piece to my portfolio. As of now, our only weapon is patience.
Hell yeah; keep hodling and buying while it's cheap, is my opinion on the matter. Of course, follow the golden rule and never invest more than you can afford to lose. :)
The markets are very low, it's a nice opportunity to buy and hold. Steem is very low too, hope it all get better soon for more profits.
Yeah, Steem's price is OUTRAGEOUSLY low right now, imho. As soon as I'm liquid enough to do so, I'm adding as much Steem Power as I can. Anything under $5 is super cheap, imo. :)
I too plan to add to my portfolio, today is really a good time to buy.
i think it is an opportunity for those who have missed it at first place or those who couldn't afford it earlier
we can expect alot of institutional money flowing in soon
bdw blockchain technology is a revolution
its benefits will keep the interests alive
Crypto is really messing up and don't know when this slump is going over many disappointments
Stay strong! It'll rise again!
Some peoples are disappointing for the falling of crypto market. But brilliant investors invest more in crypto as it's the best time to invest in crypto. Hope very soon we can see a magical moments in crypto market.
Exactly, buy on the dip!
Watching silicon valley S5 was just awesome, Blockchain / Cryptos are too useful to be discarded
Such a good season!
Lol @ the photo
haha I thought it fitting!
Yeah it is, nice choice
I Cryptos are know for their extreme rises and fall. I've gotten used to it.
It's great to believe in Cryptos and their long term benefits for man kind. That means you wouldn't waver an inch
But the dips, and hold strongly.
Yes, we get one thing for free and that is speculation and following with that speculation people get panic but we have to understand that this is an volatile market and it's all about the flow of money which will reflect the Red Market or Green Market. For example, you keep $100 dollars in your physical wallet then that will feel good and wallet reflects healthy (Green Market), same way when you spend the money then the money got out of the wallet then that gives low feeling (Red Market), so in my opinion in Red Market we have to HODL because in Green Market we can enjoy. Thanks for sharing this post with us and wishing you an great day. Stay blessed. 🙂
boss very nice post👌👌
The smart would make use of this opportunity
Hi dear @biddle .how are you .
I am fast to your blog ..
The smart would make use of this opportunity
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STOPTo support your work, I also upvoted your post!
This dip is nothing but market manipulation.