Post
Topic
Board Altcoin Discussion
Re: Don't punic, just hodl
by
Chainsmokers
on 21/09/2022, 08:15:00 UTC
The entire crypto market is falling again today, but is this the first time? Didn't it fall the same way in 2021 before the new ATH? And remember what was the level of greed and fear at $40,000 a year ago and now? I see this drop as an opportunity to buy fundamental tokens at a good price. I bought NEAR, Sol, Aurora, Harmony, Link, ADA.

Also a good reason to believe that this is just a correction is the fact that the largest venture capital funds continue to invest money into the market. For example, a month ago Three Arrows Capital bought 156K ETH, or just recently A16z, Alameda, Three Arrows Capital held another round of investment and invested $150M in NEAR Protocol, which indicates that serious guys like a16z and Alameda still believe in growth.
Everyone said it’s the doomsday for crypto. Why do you think it’s just a correction?
maybe if we look further back, we can see how crypto once fell at its lowest point in the 2018-2019 period when etherum even dropped to less than $100. With large investors still entering crypto, maybe we can be more optimistic that the crypto market will rise.
Panic always brings harm . So patience is the big key to get good from cryptocurrency . So to get the best out of cryptocurrency we must patiently hold our invested tokens or coins until our target is reach. Then this will be our big success in cryptocurrency.  Otherwise we will never be able to profit from crypto
If you are only patient and have no knowledge of technical analysis, of course it will also be dangerous,
because in many cases traders buy at high prices and be patient to hold, and in the end they lose up to -90%,
of course this is very detrimental, panic it not always dangerous, especially when panic selling when the market is dump