Hi @allasyummyfood, thanks for sharing yout thoughts on the market! I currently work in ICO consulting, online course creation, and now I am trying to move to Steemit full time.
My opinion is that if you look at the market right now, you will realise that there has been wave after wave of bad news in 2018, as well as hacks on certain exchanges, and scams of course. Many of these issues have caused people to sell, which has resulted in a general downtrend in the market; this does not mean that there has been a "bubble" that popped, but more that there has been an over reaction that fueled a downtrend. Honestly, I think that the markets have some bright times ahead of themselves, and I am holding out through 2018 at least to see what happens - I hope this helps!
Finally, I am also working on a project which I am calling the "Steemit Success Initiative" in which I try to grow Steemit, as well as increase the amount of daily active users. I would love to talk to you more about this if you have the chance to talk on Discord or Steemit Chat?
Thank you so much for the comment and its very positive and you are right there has been so many things to cause this downfall, maybe it is a good time to buy! at the end of the day its a huge risk which will either pay off or not! yeah sure drop me a message on steemit chat :)
No problem! I'm holding out from buying right now, but I generally do buy big dips. You're right, it will either pay off, or it won't! Perfect, thanks!
I messaged you just there!
Ok sure I’ll get back to you when I can thanks
I know there was a wave after wave of bad news. I believe this was a conspiracy by governments and banks to short bitcoin. This was intentionally done to make people fall under losses and leave bitcoin forever.
The thing is that young generation is actually incapable of handling stress. Market is falling because people are selling. Looking at other's selling many others are panic selling. This in turn is increasing sell order further crashing down the price.
yeah i know what you mean, i can handle stress but i guess its different kind of emotion here!