July has been a seriously rough month for crypto traders, until today.
The amount of constraint it takes to not sell 1000s of dollars of crypto when everyone is panicking is something that is vastly underappreciated. In fact, BUYING when others are panicking is a true art form in itself.
MOST all of the cryptoverse was in the shitter so far in July.
But if you were resolute in your understanding that there are many things going on during this market swing then you comfortably sat back and waited for the inevitable bottom (Just joking, that was seriously NOT comfortable)
The past few days have been a shoppers paradise and while we were holding BAGS FULL of STRAT,XVG,ETC,ETH etc...etc...
Yesterday presented us with with an almost TOO GOOD price point to average ourselves down to allow for a fairly decent exit should the time arrive.
Then we have TODAY, the traders dream. everyting is up double digits....life is good again....the Twitter shills are in full force and its crypto as usual...
We are in this for the LOOOONG haul and no amount of shakeouts or dumps or crashes will test our resolve, and if you love CRYPTO as much as we do...it shouldn't test yours either.
Tomorrow is a new day, now its time to watch the Chinese markets push up all of our already rebounded positions for the day!
Always take a moment to enjoy these days so you can rewind when everything looks like the end of the world.
You will thank yourself.
This post received a 4.1% upvote from @randowhale thanks to @eastcoastcrypto! For more information, click here!
I predict July 20th is where it'll crash. There's no telling how August 1st will turn out. Rob a bank, rob your neighbor, rob your pets! Get that money to buy these coins now!
The only thing is how do you know if a downturn will last days or weeks? You could buy at the beginning of a long slide.
Also, what does BTFD mean?
Buy the F' Dip, I assume.
Thank you, lol. Like the meme.
No one knows how much longer this will go on. I will say this. It's a classic dot com crash. Until the breaks are put on, it'll continue. Companies are still releasing new coins every day. That needs to stop! We need some serious highlander action here.
Yep, I agree. I am content to sit on the sidelines for the short term.
yep...buy the F'in DIP
Ahahaha, love it.
This is great content! Thanks for the insight.
Thanks Man!
Totalmente de acuerdo.
This post has received a 6.65 % upvote from @booster thanks to: @eastcoastcrypto.
Dude where Litecoin?
Fantastic Post, Never SELL When the Markets are in the RED unless you have more than enough capital to buy back the Crypto incase it decides to rebound.
👍
Agree!
yeah keep martingale everything. we just need infinite money to win!
#BTFD in stock indexes!
Nice post, thanks for sharing :)