Hello Steemians and Crypto Investors,
Suppoman Udemy made some interesting and logical points about the current state of the crypto market and upcoming Bitcoin soft/hardfork August 1st. The majority of the current crypto market definitely seems to be experiencing some erratic trading and quick sell-offs. This is likely from new traders and a mix of irrational emotions in the current market instead of holding strong for the long term. I feel the key to successful investing is understanding the difference between the long term holds and pump and dumps while learning to trade the more speculative coins without emotion.
That being said its always good to buy the dips and accumulate the coins you've done research on and believe in for the long term. A few of my main long term coins are definitely LTC, Dash, Monero, STRAT, Decred, ANS, and Factom. Please share your long term holds in the comments.