AFTER BLOODBATH DAY: WHAT BEST ACTION TO Take?steemCreated with Sketch.

in #steemitdotcom7 years ago (edited)

July 12, 2017 91652 AM GMT+0100.png

Bloodbath days we know can be very scary and lots of day traders panic and may decide to sell off in lose hoping to mitigate further depreciation of their baggy shitcoins!
They forget that after the rain (bustrious thunderstorms inclusive) comes sun shine.

July 12, 2017 91804 AM GMT+0100.png

Different markets are now showing the somewhat scared brimming greennies. This should not be confused as a better day ahead.

Some may suggest "BUY", some "sell off", some "hold on and watch". Whatever action one tends to take, some key issues should be critically considered: Fundamental Analysis of the coin; Technical Analysis etc.

This should be a pointer that what goes up always comes down, simple gravitational principle.

Am not here to naysay or prophecy doom but please note that August 1st awaits. Segwit2x Vs BIP148: The clash of two non yielding TITIANS!

Drop you comments please, I will love to hear from you.

Sort:  

Thanks, glad to impressed your highness!

You are a good write and of cos it shows you are a good trader also

Thanks but being a great writer doesn't necessarily mean a great trader also Boss!
Especially crypto trading that defiles all analytical strategies.

Well been a great trader does not require much, truth is you might not know that you are one

Buying these coins maybe after all seems to be the best action, now the price is showing pumping tendency but one needs to be very careful.

Check out its precidents, do some fundamental and technical analysis on whatever altcoin you wish to buy

Just hodl

Another one from a seasoned crypto trader.
Maybe you can elaborate further for us to see reasons with you.

All coins would definitely rise with time as currently less than 1/8.... could be less of the global population currently use crypto currencies.

As fiat or paper money becomes extinct, which would definitely happen.....

I suggest u keep ur coins, unless u didn't do ur research and bought a scam coin..... for that, you have to sell before they dump on you

Nice contribution you've made Sir. Am glad to have you comments on this topic.

what a nice post

Thanks, am expecting you are a full day crypto trader. Awaiting your trading strategies and tips

Sure after the rain comes sunshine

Right on point

Funny enough, after much holding on some shitcoins, I made some decent profits today!

Nice word of encouragement

Seriously, we're all in this battle field bloodbath or profits, we shall overcome & smile at our fat portfolio

For real, great day from yesterday's.

Congratulations @bitdude! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received
Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Wow! Am honoured to be recognized. Little me?

Coin Marketplace

STEEM 0.22
TRX 0.26
JST 0.039
BTC 94003.99
ETH 3310.95
USDT 1.00
SBD 3.12