Because i see alot of people freaking out because the cryptocurrency markets are falling rapidly right now. I just wanted to let you know some of the reasons why they are falling and why you should not worry about, or panic sell!
I know we all seen it:
BTC and nearly 95% of the important Altcoins lost value pretty rapidly these last days.
Alot of people are panic selling because they fear of losing money.
Actual picture of panic sellers
First of all its pretty normal for this to happen every month or so. It has been like this for nearly 2 years. You will almost always go into the grean shortly after a situation like this occours. Everytime this happens you have to hodl (hold) or else you loose money.
The best video to sum this up is this :
If we analzize the last 2 years of cryptocurrency an market "crash" is even the best time to buy more, because the prices almost certainly never get any lower than that ever again. Its black fridays Sale on BTC and Altcoins! :)
Steem is certainly a bargain right now. This is the time to buy!
How every intelligent investory/purchaser of cryptocurrencies is feeling right now:
Do NEVER sell low!
On Reason this might happen because of correction. ETH raised 1200% in the last 6 months. But nobody knows for sure why this happens. Volatility is normal, its expected to not only go up. Just relax and buy more steem while its on sale.
“Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” - Warren Buffet
Have an nice day ;)