Seems like all coins apart from NEO are on sale right now. We do enter bear markets in cryptocurrencies - they are fast and brutal. I've been asked how long dips last - this is mostly unpredictable. last year we had bear markets that last from 1week to 3 weeks.
Time to strap in and do some solid research!!
this blog is not financial advise
how long will it take for market to recover?
Time to buy cryptos.
Already done!
Good job.
a lot of my friends warned me
They think that the crypto crash is coming but I am gonna invest more in crypto :)
live at the limit
Great read thanks
I wanna sell my NEO to get some more LTC and a few good on-sale alts but I just can't do it. NEO has a lot of potential this year and although it is at its all time high during a fairly major crypto dip we are currently in, I still cant bring myself to part with any of it.
I hear you @budz82 I felt the same way about NEM last week and now it's nearly 1/2 the price. Least I switched some of my ripple to NEO might be time to switch again but I don't want too sell my NEO either lol
I wouldn't sell my NEO :)
I said exactly the same, it is shopping time!
https://steemit.com/bitcoin/@albertogm/crash-it-s-shopping-time-go-buy-bitcoin
Ok then we are waiting when it's gone on 100% sale so I purchased cryptocurrency. 😂😂😂
I definitely need to get more crypto at a price like this, we want see these prices again next year! Time to get in profit while we can!
There is a word called HODL guys !
Thanks for sharing!
When the market dumps like this you need to see how you react emotionally.
If you're scared shitless, you might want to review your risk management.
Another Black Friday Sale. Time to go shopping! Everyone who said "Buy the dip" can put their money where their mouth is. Almost every coin is available at a huge discount. My main question right now is "What am I going to buy?" ...
It's nice to visit levels down here, we'll see how many back up the "I'll buy anything under.... " talk lol. I'm buying the f kn g dip that's for sure
I think this is just a correction, we should buy now before bitcoin jumps to 20K and over :)
Quite a few more experienced guys are saying this happens every year due to the Chinese lunar new year when there is always a substantial sell off just before. Newbies need to learn to HODL and not panic and see these drops more as an opportunity to buy more as crypto's not going anywhere but up long term.
Yes, some projects are scams and frauds and I'm not referring to those but just the fact that large financial institutions such as the cmegroup have taken time to set up a bitcoin futures market shows they have some belief in its continuance otherwise why would they bother? Obviously, there's also big whales dumping and then buying back for less as well as well as shorting the futures market as I think I heard some expire tommorrow
People are pointing that the drop is related to Lunar New Year in Asia and people from those market cashing out their earning for buying gifts. Is it legit? Can people from from Asian market put some light.
it seems like every year the whole market dips by this time, it is now a normal thing to happend, just hold, or even better buy, you will be very happy in a month from now
Loving some crypto sales!!!
I think in addition to the chinese new year. The markets are most likely correcting themselves. If you look that the skew, and see the price trend. There was exponential growth. In reality bitcoin, and the other markets even NEO is adjusting to more of the correct price. I think that NEO is staying the course, because it's got solid tech, and had a couple successful ICOs on its platform. Even with the increased enthusiasm bitcoin and the other markets probably have another 20-30% drop ahead of them to correct to the right price.
damn im going shopping lol
Buy the rumour sell the news, I think we are on the verge of another bull run. The hype is still strong, the bubble will go on, and we still have to see the tech fail for this bearish movements stay longer
I feel like:
may fall much lower yet guys...