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RE: I'm not selling during this crypto crash, I'm buying

in #steemit7 years ago

I think you are right to be buying while all these are dropping. All the big fish are going to start buying again to re-inflate the price soon. Many traders get caught thinking small when they should be thinking like the big boys. Traders find themselves scared to take profits and scared to risk a lose. In a constant revolving door of opportunity costs. If traders understand that people are taking profits and that those same people are going to start buying again to start the "buy low, sell high" cycle again they might be able to trade like them. I don't think that there was a crash, that this was more of a correction. We also need to understand that these markets function like regular marks but at hyperspeed and are further influence by the social-economic aspect of our society.