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RE: It May Seem Hard To Remain Optimistic In These Types Of Market Conditions, But The Momentum And Interest That Blockchain Technology Currently Has Is So Much More Exciting Than Any Specific Price Level.
I believe that during these times of sudden crashes, the best option is to buy even more from the undervalued coins just like you have mentioned.
Today I missed some opportunuties, as I was also doing research on quantitative analysis, and writing at the same time.
Next crash, I will keep my eyes on the graphs all day long :)
I think we must never forget how important Bitcoin is tho, it is the father of coins which paved the way for the other awesome coins, and platforms we are seeing right now. For that, I will always have great respect for Bitcoin.
My respect for Bitcoin is absoltely huge. I believe that Bitcoin has truly provided a method of chasnging the world, and we wouldnt be where we are without it. With that said, I don't think it currently is a viable long term investment. It may continue to push upwards, but unless it's able to tackle the issues its faced for years I don't see a great possibility of adoption in the long term.
Yeah, I'm not holding any Bitcoins for long term gains either. It's a much better strategy to go for platforms like LBRY, Steem, Stratis, and such. They will have much higher gains, than already valued stuff like Bitcoin, Ethereum and Zcash.
Bitcoin have absolure long-term value. Not because of it's practical usability, but rather as an collection rarity. When the crypto will change the world, the first one just can't have a low cost giving it's less than a 21kk will be ever available.