Continuing with the panic selling topics, in todays vlog I talk about if I would suggest buying crypto right now on this downward spiral if I would just hold off on the buying for awhile. But this isn't financial advice. I have to say that so no one can sue me if they listen to me and I turn out to be wrong. I like to call this..."Life Advice".
Enjoy!
Buy Bancor its the only token with a floor
Im going to stay down and hold on through. Also mimicing your bitconnect success aswell hopefully. Thanks @trevonjb
Now only in BTC and steem the majority in my teamspeak think we are going down but the contrarian in me thinks otherwise.
Meme of the DAY!!!!!!! 100% UPVOTE!!!
My "advice" is.... Buy Steem. Wait. Wait. Wait. Profit in about 5 years 👌
Be careful @trevonjb the word "bear market" is like "Beelejuice" say that shit too much and it will appear!!!
Antshares tho... speak on that homey!!!
I just relax and keep steeming :)
i am doing the same..
BUY BUY BUY!!! This is a short lived correction...Keep up the videos @trevonjb.
Yo fam this is the best video by far 💯 good solid advice for investors and newbies 🤓 You got my 100% upvote and I re-Steemed
I like that $2280 can almost be considered "devastatingly low" now haha. Wasn't so long ago it was half of that...
Love the vlog man, keep it up.
I'm taking the approach of taking a look at what coins you're interested in and would have purchased last week. If your looking to invest/speculate but not day trade and the fundamentals haven't changed, choose the one that dropped the most, and pick some up. Don't blow your whole wad on one purchase, just pick up 4 - 5 smaller lots of coins on the ones you're familiar with and are on sale...
Just what i was going to say
True-dat...
Don't sell. Buy steem. But with bitcoin, I'm interested in seeing what happens after August 1St with the split.
True, better would be to buy little on every drop..in this way you wont regret if it goes up suddenly.
I scooped a little steem this morn. Looks like it is holding up ok so far since. Thanks for the tips.
keep up the good work my dude you coming up big cant wait to see the video of the lambo
I've been buying little bits on the way down after the first two days of price drops. I think that is the best method because you can get the coins cheaper than they were but don't have to guess the exact bottom to still get good prices. And you don't have to worry about losing all the money you have to invest if you tried to guess the bottom and went all in at once.
Lol.. nicely titled "Life Advice". I'm hoping that steem will keep going down so I can power up.
I bought some ETH after your video in morning at dip going to sell a few now. Thanks for vlogging.
very smart. never catch a falling knife, dude.
wait ,hodl, its summertime, enjoy live nothing more to add =)
life advice? this should be profit advice! would like to say thanks trevon for sharing how you are capitalizing on this current situation.
i was initially saving my btc / buying more for buying genesis contracts but ive now decided to switch it all into steem. i may not see the short term return but i hope it shall boost my steemit account in the future! really like your advice and wish i had been following you since your first sub! also btw i watched it on youtube first!
Would love to watch the whole vid but first I will buy me some extra bitcoins. Will be back later! ;-)
Like you said yesterday man what if people are wanting to taking their winning and go on vacation for the summer lol
Just buy something and hold. Prices go up and down all the time. Pray your purchase has gained profit ide say.
@trevonjb - Good advice. I was already doing that, but It makes me feel good to hear it from someone else. Especially someone that has been as successful you. Thanks for another great video.
I need more of this in my life....everyday
lol that's the shit.
To the....
Hey Trev. You're doing an awesome job. Can I take you an interview? I want to spread your story with everybody. It will help a lot of minnows. I already took one about papa-pepper and it turned out very well :D
I'm honestly conflicted right now...I have faith in (most) of the big cryptocurrencies bouncing back and then going higher than ever before, but you never know, everything might just drop and stay down. It's that scary time after multiple currencies reached new all-time highs...
Anyways, great video, thanks!
Great vlog Trev, Grats on 10k! will be aware for tonight vid hopefully.
New to cyptos. Really enjoy your videos! Thinking about laying of buying for a month or so. When do you think this "potential bear market" reverse?
Completely agree with you on your dollar cost averaging "life advice", but I didnt hear you say Dash....pretty established.
Great video with some really good financial advice...Oops I meant Life Advice - LOL I was able to pick up steem on the dip yesterday and I am glad I did because its up today. Like you, i do like litecoin and bitcoin to hold. However, I have to admit ETH is one of my babies. I love what they are doing on their platform. the roller coaster ride can be a little scary for most, but as an investor I love the feeling. Call me crazy. Keep on rocking. This vid is 100% worth a resteem!
press the button and buy, now
You're alright in my book. I bought more ether when it tanked...........grrrrrrrrrrrr. I hope it hits 350, i'm dumping all of them. I might buy em back again but i'm taking the profit and just getting more btc. I really was skeptical about steem but i'm gonna go in a little on it. Not over $1,000 though. Just a little
It is probably best to buy right now in this huge dip. Especially steem. The price for it at the moment is great for investment
Buy now, then wait! I don't know how you vlog while driving, I would be going through a car a week if I tried that. #skills!
what drives me crazy is when people drive and TEXT, thats the thing that makes me paranoid....theres nothing like driving in a car going 65 down the road where the driver has his head in an instagram conversation
I'd buy for sure! knowing that the overall market cap is down 20 billion + almost everything in the top 20 would be a steal! I made 30% off a purchase off Siacoin i made yesterday
I'm constantly watching coinmarketcap to monitor steem. I still don't know what value will be the one to buy steem. But then again...perhaps I'll just buy in portions. I don't worry about the Steem i allready have because I have it all in SP. I'll just wait till the price is right instead of reaching an ultimate low.
THE PRICES ARE GOING BACK UP!!
or at least they are on certain exchanges, most of the coins are now in the green
Good video Tre! I think Eth is a good investment right now. I doubt anyone will ever be able to buy at the current price.
I agree, Bitcoin, Steem, Litecoin are good to invest nowadays. Finally, someone admitted that it is an advice. I like this strategy, if the price will go down you can balance the loss buying with a lower price if it will go up then still you already bought at a lower price and eventually this strategy lowers the risks. So we should buy on different points.
You're absolutely right Trevon - this isn't just trading or financial advice, this is LIFE ADVICE! Buy a coin only when it is currently down in price (like it's on sale at a Macy's!) and only buy if you have enough money. Once you've bought whatever you can, hold on to it until it rises again. Then ideally when it pumps, you can either sell it and get a profit or keep holding, buying more only when it dips again.
And another excellent point that I've never heard anyone else say yet - never buy at the same price twice! So if you bought some STEEM yesterday at $1.50, wait until it dips down to at least $1.25 before you load up on some more. Very enlightening video @trevonjb - this is what I come to see and learn every single day!
Looking forward to that STEEM giveaway. I'm way more active on Steemit thanks to your videos Trevon, but I'll be sure to keep an eye on my post notifications on YouTube just in case the giveaway starts tonight!
Thanks, drive safe bro!
It's definitely a buyers market right now. I am interested in buying some silver coins for my stash since I don't have any yet and will be doing some online shopping later today. I guess I started at a good time!
Cool man!, i am glad you are brave enough to give some advice, we newbies need them... I tried trading once and happen exactly what you said, i throw all my bitcoin and than i was worried because anything went up lol... We must learn from other people experience...
Hey! I saw you on YouTube the other day! Thanks for the great advice and Im following you brother!
Just buy, after a dip the price will go up. Crypto is new but the traditional markets are so old. They go also up and down... after al long period you will see that the prices have gone more up than down. But of course no Warranty. O and Trevon great vlog again!
Steem is already up 14% from yesterday , I need to buy some more steem since im too lazy to post alot.
As a new buyer, i was considering getting a couple of different cryptos. I like steem, bitcoin and litecoin. Need to understand litecoin a little better but i've started attaining it now too. Thanks for the informative video! Definitely keeping the choices small.
Thank you very much for the advise Trevon. Much appretiate it. I see many times people afraid of advise in videos because of the are afraid of provide a bad advise however is up to people have the advice analyze it, research by their own and take the final desicion.
Whatever that Janet Yellen said caused a bounce in crypto and precious metals. Thanks as always for the post @trevonjb