DAILY STEEM REPORT JULY, 2ND ★ STEEM 1.59$ + 1955 New Accounts

in #steemit7 years ago

Bildschirmfoto 2017-07-02 um 06.22.53.png

The Crypto Currency Market is on a downtrend, not only Steem,
found a nice encouragingly Video from @suppoman today :)

So see it from the bright side :)

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We are still in the early stages of crypto and steemit. I would expect a lot of volatility for at least a year. I'v found buying and holding to be the best strategy for me. Trying to time the market has not worked well, but I do buy the dips.

Agree, I traded before and try to beat the market, I lost.... I changed to buy and hold, which turned out to a way better strategy!

actually is very informative, thanks man... I m really a dummy when it s about cryptos and I still don t see patterns or how the market stock works, hopefully one day I will haha

You will learn it over time :)

Hey @elyaque - You're exactly right. The idea is to not let your emotions get the best of you to where you see the market turning so you either buy too soon or sell too early.

The old Wall Street saying goes: Bulls, Bears Make Money, Pigs Get Slaughtered.

The market will always rebound...cryptocurrency's volatility is not for the faint of heart. If you can't be in it for the long haul, don't bother getting in.

Keep your content and your videos coming...great job!

-JackThaR1ppir

Thanks, very motivating Comment, like it !

we must always look on the bright side ! 🌞🌈🌞🌈

Steem is right at botton of trend line and it is only a matter of time when btc will breakout above. Every crypto will move up then and steem will boost at least 30% when this breakout will happen.

Agree with you, it's a matter of days in my opinion :)

This comment has received a 0.06 % upvote from @booster thanks to: @cryptokraze.

Everyone is panic selling at the moment ( not me however ) im in it for the long haul, people selling right now dont understand how money is made, and how quickly it can be lost, make sure to do your research everyone

I just but more, Crypto is the future, bought my first EOS on Kraken yesterday :)

Its a good time to accumulate... everything :) PIVX was resilient yesterday, bucking the trend.

Yeah I see it the same way, just but the coins when they are low now :)

Blockchain technology just in baby stage! Patience, sit back relax enjoy the rough ride!

Well said!

Btc mediates half of the market it's normal to be on a down wave atm.. When btc drops most the coins drop.
Currently waiting to see what happens after the soft and hard from tha are coming our way.
Hopefully we don't loose structural integrity too hard and blow up

Guess thats one of the reasons, investors just waiting for the hard Fork of BTC...

It's nerve wracking if you have a decent stake in it.

Tell me about :)

I still haven't bought Steem yet so yeah I would like it if it falls a bit :)

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