Post
Topic
Board Speculation
Re: Market Is Having a Crash But Stay Calm
by
tailwate07
on 16/10/2018, 12:47:29 UTC
As we can see from coinmarketcap.com a sea of red coins in the market most likely because of the current event in South Korea. We don't have to worry about this, this news is just to create a FUD to its investor. What we can do now is just stay calm and do not panic sell. Everything will be back to normal. Here is the news about this, https://www.reuters.com/article/us-southkorea-bitcoin-law/south-korea-justice-ministry-prepares-to-ban-cryptocurrency-trading-exchanges-raided-idUSKBN1F00B7. Would love to also hear your opinion about this.
As of now no crashing is happening but increasing. Because we recover now from the reddish market. It's natural that all still calm because many people is more believe that crypto market will go for bull run this year and their positive way of thinking is really helpful to maintaine the calmness in crypto market.
I kinda started to enjoy these drops in the price. Eventually we all know price will go up, maybe tomorrow maybe 5 years from now, so the price going down is getting better for me, I used to be really sad about it because I had money in crypto and my investments started to worth not as much as it used to but it took so long for it to go back up that eventually I have reinvested more than I initially did so right now I dropped the averages insanely low and with a small increase in price above 7k levels would mean me profiting once again. If you did the same having this kind of low prices for a long time might have worked out for you too.