Don't Panic And Buy Currencies @ Cheap Prices!
Its Pullback and Buying Opportunities!!!
Hello folks,
Market is Red Reddish at the moment but it's good for buyers to accumulate currencies at cheap prices!!!!
I am sharing for this fall from last 3 weeks and it is not over but close to it so i bought some currencies today..
My last blogs:
Get Ready For Deep Penetrations in Currencies!!!
https://steemit.com/steem/@hellogelt83/get-ready-for-deep-penetrations-in-currencies
Blood Bath In Crypto Currencies!!!
https://steemit.com/steem/@hellogelt83/blood-bath-in-crypto-currencies
Have a good day to all and Steem On!
I agree the market will bounce back from here, however there still needs to be a lot of consolidation in crypto! There are over 800 coins at present and most have no real use case, yet wildly optimistic valuations based purely on speculation. This cannot go on forever and this drop may be the start of the shake out!
@grizgal Well.. to me game has just begun!!! I am a trader and trade usually technically.. so as per charts i think we can fall further and i indicated in my last blogs as well and at same time i think this fall will not remain for long term.. so for now i think good juicy opportunity to start accumulation and regarding more than 800 coins then it's the person decision to select coins.. so far my analysis working fine as trading behind cryptocurrencies is same as in Forex and Commodities.. so usually ( same folks, Big Sharks... ☺ Banks etc.. )
So time for accumulation
Wish I had read your post 22 days ago !!!
I'm in the dog house with others for recommending various cryptocurrencies but I do always say : "kiss it good-bye and put it on red and spin the wheel.
Alt currencies are the future
If you have coins in your pocket.. then don't worry and let market play and roll...For Long term Currencies are very Bullish... i was projecting some currency prices from weeks and they came today.. market can go more deep but nothing to worry as these are buying opportunities.. in Trading Term it's pullback after Profits Taking.. sit and enjoy!!! Let market do the rest ☺