You will say that you didn't expected the correction coming! Or maybe you wanted to come but not yet.
I heard a lot of comments, some saying to sell and others that it is a good time to buy.
We all know this looks normal in a volatile unregulated market. So we had today falls between 10 to 25%.
Before taking a decision of buying or selling I am telling you that it is not over. The crypto market is like a child that is now growing. At maturity you will expect more stability but it's a long way.
Enjoy the ride and HODL, be patient and believe in the changes that all this projects are offering.
And don't forget, even if you buy for the profit you need to evaluate why you want a coin.
It is not only about profit, it is about the future.
"Be fearful when others are greedy and be greedy when others are fearful." —Warren Buffett
https://www.forbes.com/sites/jessedamiani/2017/12/22/6-possible-explanations-why-bitcoin-and-cryptocurrency-prices-dropped-so-low-yesterday/#1bfb4d03e2ec
"It's clear by now that the entire crypto market is in a massive retracement," Mati Greenspan, a senior market analyst at the trading platform eToro, said in an email.
http://uk.businessinsider.com/bitcoin-bitcoin-cash-ethereum-litecoin-crash-on-friday-december-22-2017-12
This is the beginning and you are taking part of it.
What is your cryptocurrency portfolio? I currently hold Ethereum and Bitcoin. I bought also some Electroneum and I expect the price to rise soon.
This is not a financial advice and I am not an investment adviser. Please never invest more than you can afford to lose. All cryptocurrencies are subject to extreme volatility and risk so if you intend to invest, it is well worth doing your due diligence.
Congratulations @rholes! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Award for the number of upvotes received
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Hello ! I just read your article, I love it & I upvoted you. Follow me @osmanie and I follow you too!
Thank you everyone for all of your support!
Sincerely,
@Rholes