It's been series of months since market has become a pump and dump situation shaking every weak hands out there. I have witness some investors getting out of crypto thinking that market might fall even deeper. Some even bought at top and sell at bottom(is it really the bottom?).
After having my free time I took my time to check the price of cryptocurrencies on the market. And, there another pump and dump happened earlier. Only this time I don't feel any fear or sadness. All I can say is "Another day in cryptosphere!". There's nothing I can do but wait and HODL.
Good thing, Bitshares stood it's ground and keep on pushing it's price even at crucial moments like this, so as steem and steem dollar. In this situation no one can tell if it's the bottom or not, we can only decide weather we change our mindset to being bullish again. Most investors are waiting for market to push down further hoping that they could gain more and some are believing that this is already the bottom(that's me!).
As for the reason why the market dump again, Pakistan decides to ban crypto even with little investors in Pakistan it affected the market price? For example Philippines doesn't have that much of investors in cryptosphere, but when something like Philippines government banning crypto news appears, it will affect the market? Crypto can be manipulated easily, this market is not for the weak but for the people with visions and hoping that one day crypto will change the entire monetary system that will surely to happen in the near future.
The only advice I can give you now is keep on buying every time the market crashes. Because one day market will recover from this and you'll get that interest that you've always wanted.
What's better than moon? Two moon moon! Found these moons while I was on my break.
I really look forward to these mini crashes. It's like buying during a cryptocurrency clearance sale! Boom, picked up more BTS, EOS, and OMG.
Nice picks! I mean excellent picks! Haha!
Another day, another dump.
Personally i decided to daytrade during this bearish market, once we return to a bull market i will continue to hodl.
Oh and did you manage to recover from being margin called?
Sadly no, but I do manage to gain 20,000 Bitshares with the help of Steemit community and some lucky trades.
I can't wait for that day to happen haha! As of now I'm waiting for the right opportunity.