Welcome back Crypto Nation,
I have been letting myself power up these last few days and have been relaxing during the down time. During this down time I recently crossed 700 followers and want to welcome all of my new and old followers back for some of my thoughts. So enough about the blog here is what this post is about. I was trying to explain to a friend of mine what is currently happening in the crypto currency markets and how this is actually a good thing in the long run.
Try to visualize how a Tsunami works. Before a Tsunami happens first you feel a series of earthquakes I would call this the F.U.D that keeps shaking the markets currently. Then the waters recede going back into the ocean.
Credit for photo to Digital Globe
Link to original photo https://www.linkedin.com/pulse/cryptocurrencies-economic-tsunami-jiro-olcott/
Then after the shores appear to be dry and the sea life is flopping around on the sand , the ocean returns more powerful than before it receded. This is how I feel about the current state of this market. The F.U.D has caused many of our new crypto investors to run for the hills trying to find safety. But the real smart money is buying right now during this down period. I have purchased a few times along the way down and now have a sizable amount of steem power to work with.
Please follow and upvote this post if you found it helpful. Also I really want to get in front of as many new people I can so If you don't mind re steeming this as well it would be appreciated. Please leave a comment below so I can interact with you and upvote your comments. All comments left will receive an upvote from me.
HODL and stay happy my friends
Silver Crypto