One could only hope that it's a trend reversal but even if it's not and this correction takes months, the correction will reverse in the upward Direction soon enough! I know you are just catering to your audience who is looking for the same thing, but predicting the trend reversal will be almost impossible with any great accuracy and time between the prediction. I think what we all need to take away from this and really pontificate on is that we all believe that Bitcoin will have a reversal! There are so many doubting people out there who think that this is the apocalypse and the end is nigh in regards to crypto and the open markets but as long as we can all agree that Bitcoin will have a reversal, when it happens shouldn't matter. Granted there are day Traders out there looking for their quick money off of reversals and swings, but at least in my blogs I try to cater only to the long hold positions because in the end it is the people holding for a long time that really make this Market Thrive the way it has been. I love speculators, don't get me wrong, they definitely add some fun to the Knicks, but as long as we have a good basis of about 80% of the people involved in trading going home with the knowledge and 100% belief that a reversal is coming and it doesn't matter when it happens I think this Market will be just fine :-). Another good thing to remember is that steemit is a great way to store your wealth as well and hedge against downward trends. I'm going to write a blog about how steemit is a great Hedge for your wealth especially if you are an active participant in the platform, but until then I just hope people are able to sleep at night with the knowledge that a trend in the upward direction is going to happen, even if we can't predict it, at least they can go home knowing that it will happen definitively! Bitcoin has done this 10 times in the last 6 years, I have been there for every rise and fall except the very very beginning when Bitcoin was fractions of a penny... And after every rise was a fall and after every fall was a rise... It used to be an emotional experience for me, now I just enjoy the ride! Hope everybody else enjoys the ride as well because it can get bumpy LOL! But as for this downward Trend, this too shall pass :-)! We're all going to be filthy stinking Rich by the end of this year! BWAHAHAHA!!
Steemit FOREVVAHHH!! <3 YOU STEEMIANS!! And as always brother it's been a pleasure perusing your posts :-)!
Yes, well put. That's why I often try and take the forest view over the tree view.
Haha that's a great way to put it @haejin! That's exactly right! Whenever I watch your videos you give your predictions but you also say that this could take a long time to play out usually when you're giving your predictions, that's why I find it so annoying when people get upset with you because while you are giving your best analysis of the short-term you are ultimately plotting the long term as well!
Honestly as long as you're projecting and upward trend at all, you are ultimately right, even if you're wrong in the short-term, you are always going to be right in the long-term because it's going right back to the Moon, maybe even Mars!
Bigger picture view is always better...
Can you update Electroneum for us?
Please, hit enter once in a while :/
LMFAO, okay okay I give it to you, I don't use the enter key nearly enough, how can I be mad, I'll do better I promise :-)
I'm not angry either..but some of us have tired blurry eyes you know.. I used to see sharp both far away and close up, but now I need glasses for everything.
4 lines is the comfort limit :)
LOL well thank you for the parameters because now I know that four lines being the limit is a good place to start :-). And I think we all have tired eyes from staring at these charts all day haha.
I used to have great Vision too, then over the years of staring at computer screens my eyes have degenerated to almost pure worthlessness without my glasses. Ty :)