After a selloff to the $275 Billion area for a second time, the cryptocurrency market rebounded and is now up to the 340s. If you had weak hands and got shaken out in the 200s, perhaps HODL a bit harder next time and don't give into the fear mongering.
The info that CIA whistleblower Edward Snowden leaked publically, contained files and operations to spy on and steal information from bitcoin users specifically. The open market, free from centralization, is a grave concern for NSA mafiosos.
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This is a classic shake down, they can't short sell Bitcoin like they can with the gold and silver markets, so they must deploy an endless stream of FUD every time Bitcoin is up against resistance. Bitcoin was over-bought and that's the main reason for the correct, now we look to have found a bottom that is well above where it started in Jan of '17. I have heard a number of times now that there are many big players wanting to get into the next bull run, Bitcoin has every investors attention now and as soon is it starts making higher lows they will pile in.
The next ATH Target of Bitcoin is going to be big, really big.
Surely they can short sell bitcoin, especially now with the latest financial instruments.
Yes they can of course, my comment was in relation to gold and silver. If you are unfamiliar the gold and silver markets they are short selling them to the tune of trillions, metals are an old market, crypto is an emerging asset class. Gold has been accumulated by powers throughout history and when a new power comes along they simply steal the lesser powers gold at the end of wars. To accumulate the Bitcoin needed to short sell on the scale that is seen in the metals markets would send Bitcoin through Jupiter on a galactic journey out of our solar system. So while yes they can and are shorting Bitcoin but not anywhere near the scale seen in the metals markets.
But crypto is a much smaller market with much lower liquidity. It is so much easier to manipulate.
Could not agree more.
A classic fib fall from the ath, with plenty of negative news to help along the way.
Next one will be wild!
My hands are kinda weak but I bought a tool to work with hand muscles so I will be able to hodl better next time.
Thanks for your concern Luke Steemwalker :D
Some state governments violated every human rights also now spying crypto market. That's bad attitude from them. I can't accept this. I HODL now and think future being best. Thanks for Dtube conversation @investing
Yes mate, a year or so ago I'd have panicked a bit but you get used to it, if your plan is to HODL you have no worries.
Not getting emotional is good advice with all investments my friend, there's no point it'll just eat away at ya.
Stack on, Steem on and HODL
Agreed. I would also argue against trying to time when you enter the market. As long as you're timing the market with respect to your exit timing, now is as good a time as ever to enter the market. Buy and hold has historically outperformed other investment strategies imho and will likely follow suit for cryptos.
HOLD ON SPARE SOMETHING FOR US PLANKTONS TOO 😢😭😒
Am glad my hands were not that weak to shake off any of my holding when the wind blew.
Talking about government fear over cryptos taking away control from them, what do you think started the whole fud fight against cryptos? The government and the bankers.
For years this people benefitted and profited from having control over what we do financially but bitcoin came to take all that away. Tho war isn't over, we will expect more from the government agencies and bankers but in the end freedom always wins.
I had heard that about the NSA. I expect no less of them and I was not surprised to hear this. While I don't like it I realize it is hard to operate in this world without being spied on. Our government has always violated our rights Do you think this will an effect on Steem? I'm not involved in monero or verge. I'm all in on steem lol
Not a game for weak hands for sure.
Can be scary when you start out and get greeted by a dip but if you have done your homework you know you have invested into the future.
If not, do your research on your investments
I do not want to be a man pretending to be tough. With a limp hand make my condition is the same. Just like when I boarded the plane was damaged. Of course there is no one who fared well and fared poorly. There are tough, there is also weak; There are rich, and others poor and some are spying for personal gain. . People who have something always concerned, while those that do not have anything always anxious, I would still be people who don't have anything that is bekekerja with the muscles of the hand.
NSA I ever heard it.
Government spying on crypto because they fear rivaled
Thanks for this @investing
The hype has been initiated and soon it is coming out to be in full flourish. Anyways its best if we hold on to currency rsther than selling it... Because we can be earning huge deal in no time.
One of the best ways to earn huge profits is holding coins because if you see the chart of btc or eth you can see the huge rises in just some years. Regards
Wow really awesome video...i see full video from youtube...really awesome contest
I agree it has not been a good time to sell over the last couple of months due to the crash but some people have had no choice and have not sold through fear but have sold due to needing the funds etc.
It also depends when you bought in. If you bought in over a year ago and sold during the crash, you are still likely to have made 6x your money, which isn’t bad in anyone’s book!
If you are middle-aged HODL until retirement.
If you are young HODL until you are middle-aged.
But if things work out we all retire rich in a few years.
That's really good news. We hope all good news come day by day... its time for hodl. Totally agreed.
Steem prices are like a rubber band.... The more you pull it down the faster it will reach to the top!
So, it's just a matter of time before the prices reach a new high
Thanks for the good news, you have read more than $ 275 million
It's so unfortunate that NSA has been spying in the bitcoin users since 2013. They have been collecting sensitive information from their computers, including passwords, internet activity, and unique MAC addresses. Nothing good is going on with the crypto industry and now this and that making it worse
Many interesting info. Good Job man ^^ I think time to sub for more :p
This post has received a 26.74 % upvote from @boomerang.
That's excellent Dtube discussing review by you @investing. I totally agree with your all contents here. In fact, hodl bit harder but must need to do. Everyone try to stop and control cryto market. Some governments and banks give rules and regulations to cryptos. But cryptos unstoppable. NSA did bad habit there. Crypto will rise again and still buy and hodl best solution. Thanks @investing.
I know bytecoin is designed to be truly anonymous...are there any others currencies created with privacy as the top priority?
Cant believe I won. thanks for the steem!!! @jazadie
Thanks @D-tube video in the country I live government severely limits cryto space and does not officially legalize digital currency, human rights in the narrow. worse attitude, they spy on the crypto market to destroy crypto. really strange my country !! I can not accept this, because few of my dreams in a better future I found here.
Thank you so much @investing
Bitcoin already has gone to the moon, hope other crypto also prepare to go moon. Love crypto♥
I do not understand the rise and fall of the price of digital currency.
is this influential from us that sells and buys coins?
Sometimes the best options to keep your hands off your keyboard...
The government of Ecuador launched an all-out war on cryptocurrency about four years ago, even going so far as to push its own state-backed version. With local lapdog media attempting to scare the country’s populace, something of a backlash has taken place. A rather brave group of bitcoiners have opened crypto automated teller machines (ATMs) in the nation’s capital, and the government is not happy.
Hands weak man it has got our hearts weak too, all this drama gives you shivers only but haha its gonna make us stronger n stronger.Though we all need to increase our strength just like in pic, because we got govt system against us too, crypto people are so lonely ;)
NSA must realise "crypocurrency" is the futre, Government will legalise it one day by themselves, mark my words.
I have not much to hodl but i am included in the hodler that's kinda give me happy feeling that i am going on the way of such great peole like you!
Hope now crypto keeps growing us! Good luck @investing
Am still hodling
Good
Holding is the best thing to do right now its just started to jump up April seems good
i don't think it can go down at this point again seems like the massive correction is over and now we are off to a sable up ride again
this is where the strong hand comes into effect those who will panic at this moment would loose a lot
they can do anything but they will get nothing in hand only patience will pay off
what an irony of the situation the centralized forces want to get inside decentralized ones :D
Time to hold it atleast for a month from here on and the things will be completely changed around
My hands are kinda weak but I bought a tool to work with hand muscles so I will be able to hodl better next time.
Thanks for your concern Luke Steemwalker :D