Have you guys noticed the smiles on crypto lovers faces-including steemians whenever there is a positive /bullish upward trend of their coins/tokens –see coinmarket cap - On the other hand, most people fud whenever there is bad news leading to decline of price. This is indeed human nature especially the weak people among us- who cannot control their emotions or greed and thus move with the wind of Fud or FOMO. However where is the crypto good news coming from and will it last?
More acceptances: More people are hearing of bitcoin and steem and gradually joining the vibe. Moreover, Steem is growing daily because of its superior technology which is also home to many innovative apps -including steemit gradual growth plus the upcoming HFORK 20 and SMT (great days ahead).
Keep up the optimism: Do you know that things can suddenly go south and price tank due to one FUD/bad news from crypto haters? (Banks, Central Governments, tech companies , gold traders) which is possible to come anytime because these groups do not want the collective success of their citizens and most of these big institutional investors always manipulate price in order to buy cheap . Therefore the best thing to do is to remove emotions, think long term and even join to buy the dip (if you have spare cash).
Patience plus Hedging your risk: Patience is the key in crypto space and steemit because this space is not a get rich quick scheme scam , PONZI or HYIP schemes. Moreover , hedging your risks through diversification (related and unrelated industries ) is key to success , especially if you target undervalued new tokens (see whitelist section of www.elyte.tech) plus steem power –remember that steem is still highly undervalued and thus a great investment for the future. I wish you all a blessed week .
Do you agree? send in your comments, resteem and upvote in order to send in your support.
Click here and read my former post:Steem and Cryptos are bouncing back: Dance of Joy?
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