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RE: My technical analysis for the markets today [ironic!]

in #steem8 years ago (edited)

All these memes are healthy in a sobering time like this... but actually it makes perfect sense for it to happen, crypto just saw insane gains for a few months, just consolidating. Yes, it hurts like hell for those of us who've been buying alt coins like mad since June (cough cough, yours truly) but ALSO markets often cool down during the summer (pun intended) because people are chillin', swimmin', vacationin' (etc.) and they ain't tryna be tradin'

Consider it the Summer Flash Sale! Buy more and HODL!

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Great comment.

Personally I planned for this scenario, and was pretty well prepared by selling off a large proportion of my holdings...by the paper losses on the ones I still hold (primarily steem power) are still not so nice :)