Here comes the dip!

It's clear at this point that we are in the midst of a pronounced pullback in the market. This may or may not be due to the overbought conditions of BTC we are seeing, but truthfully these corrections are necessary for any kind of healthy growth to occur.

All this to say that none of us should be too worried, specially those who like me have stuck around for this long all through the bear market. With this in mind, I'm a little upset I don't have some funds set aside for today's dip, simply because it's already looking quite tasty and it might even get more irresistible as the night goes by.

I will say this however; Don't listen to random people on the internet either. Do your own research, learn how to invest long term and also practice patience. There are times when I strongly hesitate writing my thoughts on the market conditions, just because I know there are people who are likely to remove themselves from the responsibility of choice and take unnecessary risks. Nobody should be risking their mortgage payment on anything, simply because a roof over our heads does take priority, but it seems at times that such things must be said.

Now, if I had any lazy BTC at this very moment, which I don't, I would be setting up some greedy buy orders before going to sleep. It's very likely someone will get scared, seeing STEEM toying with 8000 sats and dump a considerable amount into the market, thus creating a little flash crash that will only last a few seconds.

If you don't think these ever happen, that might be because you are not familiar with these markets work just yet. However, a quick glance into this article written by @edicted some months back should be enough proof to make your gears move.

At any rate, trade safely my friends.