You really have to have a strong stomach to not panic sell in this recent crypto environment. I'll admit. I find it tough and I get caught up in the FUD every time but I stay strong. I HODL.
I've lost roughly $30,000.00 these last couple weeks but when I sit back and really look at it. It was all profit. I actually haven't lost anything.
I believe in Crypto. I believe in Bitcoin. I believe in Steemit and I believe in many other upcoming Alt projects.
I believe I will look back at this blip and laugh that I was so nervous. I've been through this before. Every year this happens. Every time I freak out and think this could be the time it all comes undone. Then I remember you can't undo the technological change that's coming, you can't undo the future.
Crypto's time is coming. The masses will understand this too late.
So again I HODL...
I agree with hodling crypto during these natural and healthy dips (not the fake propped up markets reported in mainstream news).
This large dip hasn’t been as stressful since I’ve begun to diversify into different markets such as Peer-to-Peer lending, precious metals, ETF’s and real estate. Prosper.com and Lending Club are excellent Peer-to-Peer lending markets to lend and to borrow money
How much is the ROI on ETF's ?
This guy @haejin does a better job than me at analyzing the latest hot ETFs to add to a portfolio. I’m lucky to get 8-10% but Haejin gets around 20% returns with his aggressive ETF picks https://steemit.com/money/@haejin/aggressive-etf-portfolio-update-tqqq-is-still-winning-portfolio-is-up-23-14-since-nov-3-2017
Sensible advice to diversify.
Yeah, Stick with it I say. We have to see some stability return to the markets, well, perhaps 'return' isn't quite the term, more the need for stabilty to BEGIN!
I too believe in this new world technology, surely there are too many of us out here crying out for fairness and transparency - the ship has left the dock, lets hope it really sets sail once and for all.
For those who can't HODL !
Cryogenic freezing until my BTS is around $300 each sounds nice too 😀
Lol nice one , it's really tough to HODL .
Im down with that