ADSactly on ADSACTLY - Red Days

kouba01 (81) 6 years ago

Cryptocurrencies and blockchains are a very misunderstood things to be exact. It is the future of monetary transactions.

Bill gates once believed that no one would ever want a computer in their home. He was right, we want several, and even one in our pocket.

Early adopters are making millions. Block chains are courting financial institutions to become an everyday type of currency.

In the news today, IBM is working with Lumen (an alt currency) Ripple is making inroads to many banks. Countries are making their own cryptos. And this is just a few of the stories.

So, I guess you could say, Cryptocurrency is still a thing.

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3 votes

moniristi (59) 6 years ago

Loved the Post @adsactly. In regards to peoples emotions playing on the stock market, I feel the longer this correction lasts, the more negative news that gets out there, which leads to increased fear, which might end up turning a correction into a bear market. Especially for newer investors who have dumped a lot in within the last year or so...idk. Time will tell, but I appreciate your chart readings!

2 votes

milano1113 (58) 6 years ago (edited)

That is just another bear market. As a matter of fact bear markets are very healthy for any markets. Think of it from the positive side. We get rid of weak hands, we get rid of Ponzi schemes and so on. Just like in financial crises, we got rid of weak banks, weak institutions, weak companies and most importantly Ponzi schemes such as Madoff. It’s painfull, it will be painful, but at the end patience will pay off, because patience always pays of. New, stronger projects will rise and strong will get stronger. Bitcoin and Steem will rise again as it did in the past. This time is no different!

3 votes

frank1in (60) 6 years ago

An excellent and to a certain extent motivating article. I am far from home and do not have access to the Internet every day. But when I come here, on TRIMS, I see how the value of the main crypto-currencies falls and together with them the activity of many users decreases. It is not right. I think that all of us should continue to do what we did before. Do not succumb to a general panic and "fall into despair."

Crypto currency is at the beginning of its journey. Now are not the best of times. Many are accustomed to seeing the high cost of crypto currency and getting a big profit. But growth can not be permanent. This is normal phenomenon and those who continue their business in the future will be generously rewarded. I urge all to remain calm. Enjoy what you are doing.
Thank you, great words!

oodeyaa (60) 6 years ago

Hey dear @adsactly community thank you for spreading some warm hope of HODL and better tomorrow as it's bloody bloodbath and making so many things more bad as everyone now talking about the demise of phenomena eveyone who in my opinion not related or they find the chance to secure their business which is dooming due to growth of crypto world and they are barking like mad Dog.
Thanks for lightening the hope of good and in my personal opinion everytime when it's bloodbath comes these type of story makes their room and then the Sun of crypto comes with more power and shines more brighter than ever.
Thanks the most loved and trusted community in my opinion.

juliawilliams (61) 6 years ago (edited)

Maybe your opinion is right for the dying of centralised currency and turn to decentralised one but this hope is dimmer too as the market is not in the mood of rebound earlier maybe the massacre is on the way when we will withness 2000$ level maybe I am wrong but anything can never be ignored in this market maybe it's triple bottom confirmation as some experts says or maybe it's an endless start of the dooms day.
Good luck everyone who believes in you and good day.
Bad luck to those who wish it is the end of my love to crypto as I am not Going to sell a single Santoshi.

biglipsmama (63) 6 years ago

Cryptocurrency's ain't exempt from bloodbaths just like Fiat, wall street exchanges because of manipulation.

The blockchain brings transparency with hope that in the future what is manipulated can be eased to what we are seeing today with country's going into recessions for many years.

Many governments, banking (institutions) are trying to adopt crypto into their systems, but the real question is will society choose to stay centralized or go decentralized.

shihabieee (8) 6 years ago

Thankyou for your honest take, especially after a green day! Very informative! I personally need to take advantage of this next pullback that you write of, set tight stop losses, and hopefully minimize my current losing positions. No more hoping to get back even, just take what I can back and sit back for a bit.

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ceatlove (47) 6 years ago

cryptos are here to become next big thing and it is not going to become extinct.

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devkapoor423 (47) 6 years ago

hiii @adsaclty we all, who are believe in Crypto know that future of decentralisation is bright from here, and ETH, ADA, EOS will help to grow decentralisation in future, but plzz follow me on steemit and leave a comment on my post in my blog box. Thanks

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