Community what is your opinion on this?
I see good projects, I see them growth but as soon as the market is consolidating everybody is making their buck and pull their money out.
As hodler its a true pain in the ass, because you see many good solid projects decreasing by more than 50% and taking ages to get back.
The sad part of this story is that, if you see this happening the next time and you feel the market consolidating, you will just sell high and buy cheap again.
But is this the trend we want to follow?
There is nothing we can do to stop this because majority of people prefer to invest and take their profit as soon as the price of specific coin increases (short term trade/investment), even that coin have good potential to grow in the future because their are whales that are manipulating those altcoins, and I think this is the reason that there are only few people are investing long term in altcoins. But if you are a real hodler, you shouldn't have to be afraid about the price going down instead you should just have to be patient waiting for it to reach its mass adoption and finally get your profit.I see good projects, I see them growth but as soon as the market is consolidating everybody is making their buck and pull their money out.
As hodler its a true pain in the ass, because you see many good solid projects decreasing by more than 50% and taking ages to get back.
The sad part of this story is that, if you see this happening the next time and you feel the market consolidating, you will just sell high and buy cheap again.
But is this the trend we want to follow?