Steem and other cryptocurrencies have been on the receiving end for week from haters, fuders and people who want to maintain their monolpolies-this led to panic sellers selling off at dumping prices and bankers /top financial traders (who caused the FUD) secretly buying the dip. Recently, however, according to coin market cap, we are seeing a bullish crypto´s market - which shows that all hopes are not lost and crypto´s are here to stay. Conversly, it is possible that we will see some down turn ( which is ok because anything that goes up must come down and vice versa )-here are some few points:
Pic Source
Take some profits and diversify: buy when others are fearful (dip) and sell when others are greedy ( take some profits and hodl the rest) . Importantly, look for a good undervalued tokens-example is Ethereum Lyte (see white list section of www.elyte.tech) and diversify (never lay all eggs in one basket) see my last post here for details on this topic
Remove emotions: when things are not going the way we like it, we should not panic, rather understand that things will not always go the way we like it, therefore remove emotions. Reason is that being emotional leads to bad decision because we allow fear or greed to take over our senses. Do you know that many folks buy high and sell low? The issue with this strategy is that you can actually lose all and go bankrupt when you could take a big breath and chill because your steem , ETH, EOS or bitcoin will always bounce back better-if you think in the long run.
Strong united community: Crypto success lies on you and me (all of us) being strong and united against fuders, scammers and haters of Cryto´s. These hate come from Facebook, Google, Twitter, central governments, banks, gold investors etc and these folks do not want to see the masses succeed like them. However, they give up (and will always try again) whenever they see our counter attacks through our vlogs, article and TV interviews. Reason is that , no one can destroy the power of crowd that supports a new disruptive technology (Blochchain ).
Do you agree? Send in your comments . Resteem in order to reach more people and upvote to send in your support.
Click here and read my former post:Why You should not Invest all your money in One Coin (Steem, Bitcoin, Ethereum ): Diversification + Patience are important
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Well analysed indeed. Emotions can spoil the show for anyone who want to succeed. Also diversification as you indicated is a good one...I am a big supporter of crypto and will always be...thanks for your top points and motivational posts...upped.
Thanks for your comment
hopefully bitcoin has bottomed out now, this should help out all of the altcoins
Thanks for the inspiration... I'm giving up already, but this post really call me back and show me a new way... Never put all your eggs in one basket.. thanks so much, although my question is: how can I have an account for the coin you just advertised? Thanks waiting for your reply asap...
You are welcome ...you can join their bounty program see link https://docs.google.com/forms/d/e/1FAIpQLSeOcKUUoTU6IKr1qX5osYaWMdVL8-nB5RmroYtYBir6YYof9A/viewform (share with all your contacts too) ...see their whitelist link https://elyte.tech/whitelist.html and telegram link is on this post..good luck
Thank you so much sir, but I couldn't find the sign up box, please help me out. Thanks once again sir.....
Sign up for what? join their bounty via the above link, Join elyte.tech telegram group via this link https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw and ask admin questions
Thank you Sir, will get in touch as i need anything again
IMG_20180327_155747_719.JPGOnly the brave can take/invest in the deal of the day. All points by @charles if duely followed are workable. I therefore agree with you.
I'm blowing it aloud!
#resteemed.
Thanks for your comment and success to you.
very motivational and inspirational post. Glad to see crypto currency is again on track. well said every thing goes up have a tendency to go down. it's the law of nature. For every rise there is decline. so for successful & happy life don't over joy in happy moment and don't panic in problem. To cope us with thris problem controlling emotions is a nice strategy. In my 2 cent opinion it's a right time to invest & joining steem. Thanks for such a nice post @charles1 kep sharing
You are welcome and thanks for a good comment...more success to you.
@charles your article is the plain truth. What I know is that haters of crypto WI later join the train they are just jokers. Blockchain is turning the poor to rich man that is why the haters(the wealthy so not want that to happen).
Good point indeed, thanks for your comment
Saya belum siap bergabung dengan tren steem dan kripto 😁 karena saya tidak perlu meluapkan emosi saya disini, saya akan menahan emosi dan akan bersantai saja, seperti katamu Mr @charles1 " yang naik pasti suatu saat akan turun ". Terimakasih untuk postinganmu yang bagus ini Mr @charles1.
Hahaha you are right...more success to you
Very interesting and that is how economic problems must be faced, removing emotions in order to make decisions with assertiveness. On the other hand I read you because I like your perspective on things, however this is a subject for those who already have a capital to invest, but we are learning by the time we get there. I wish you much success and invest for life.
Good point, capital is vital in this game however if you blog smart here...you will surely grow without initial capital investment...I wish you success
Steemit and the world of crypto became fashionable, however when trying to include your family and friends in this world, many are filled with doubts and fear that sometimes we do not know how to handle, in my eagerness to help others take into account the following points:
To many this may sound crazy, but the best thing to do is to have several fronts, even though this can keep your mind busy looking at prices all day long, not putting eggs in one basket is a phrase that sums up in a practical way that the best thing to do is to try and knock on several doors.
At this point I always focus, this market is not based on stability, so if you want to belong to this adventure, the best thing is to serve a great cup of coffee and take it easy, relax, crypto is not suitable for cardiac.
This community was created to grow, to support us and to seek the success of all, let's forget the selfishness of other social networks and put heart to everything we do here, surely you will have many blessings from heaven, love with love is paid.
Excellent article! It's often hard to attract people to original projects like this, don't you believe it, Happy Afternoon
Forgive my mistakes, my mother tongue is Spanish
Wow, nice comment indeed, thanks.
On the contrary, thanks to you for all the good information, it's worth it for everyone to know, have a happy weekend.
Amazing article. Very helpful for people that are new to the crypto world. About to follow your blog. Thanks
Welcome and I wish you success here.
Thanks
Yes looks like bullish run, but these runs keeps making crypto currency stronger in long run even if we see dip in couple of days.
Point, I agree. Thanks for your comment
Those people not want to see the success of crypto currencies but crypto currencies will go upwards in next few days.
Point, I agree.
Thanks sir
“You can’t stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust” – John McAfee, Founder of McAfee
Good quote...Crptos are here to stay
I support crypto currency
Same here
I don't know with others but for me, whatever the FUD is, I will stay with bitcoin and crypto. They might scare people but we know technology never goes backward, only forward.
Good point, I agree
Eventhough facebook, twitter, instagram or others social media united to make crypto fall.... it won't impact much. I think crypto community is so much different with others. Here in crypto we help each other to grow..
Great..I agree. Thanks for your comment
totally agree if we have not achieved what we mean we should not be emotion, and we must be patient .. and one more that about our community can not live alone without friends .. community better yet .. and help each other.
Point...I agree. Thanks for your comment
thanks also for my seniors @charles1 and if you can see my blog sometimes there can be to neglect the eye for a moment .. he .. he ..
Yesterday, a decent upside recovery was initiated in the cryptocurrency market. Most coins staged a decent recovery.
Hope the recovery will continue...
i am new steemit... i am deleted facebook and join steemit...i am support steemit
Good luck and more success to you....
thank you... 100% upvoted and resteem you
Welcome and more success to you...
#follow me and follow back....100% Click here- @princeshobuz
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A really wonderful song, my friend
You are a really successful person
I wish you success
Song? a post ...not song Lol
i am new here. i dont know about crypto currency :/
Welcome to steemit...feel free to read my older posts for more tips
I've been selling high and buying low for about a month now, I'm playing both sides but I am focused on the long run, so It doesn't matter which goes up or which goes down. As long as I'm still making more of whatever I trade.
Good point indeed. More success to you.
Quizás por ese hecho la inteligencia emocional es más importante para triunfar que la intelectual.
Perhaps because of that fact emotional intelligence is more important to succeed than intellectual intelligence.
Wow great post. Very informative. I wish i can reach your level soon.
Congratulations @charles1! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
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steemit is new peltfrom every one
i promo twitter deleted facebook and join steemit
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Critical thinkers need an open channel that isn't controlled by corporate interest. Getting something for it in return is simply the elimination of the middle "man" or rather data grabber money snatcher.
Spread the Love my fellow Steemers
Coins mentioned in post:
another great post! i completely agree with united community paragraph what a great statement!! talking of gains i checked steem the other day it had gone up 40% hell yes!!
You've done a good job for those who want to work well ... I'll be a big fan forever ... Thank you for your top point.
Greed and fear create many a foolish moves.
YES PLEASE! Let'S get to the moon! WUHUU
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No spam pls...stay on topic