It has been a wild ride the past two months in the crypto world, and everything is in a sea of red right now. After all time highs we are back down to November numbers now. Looking at the market makes me want to cry.
(Source)
I tear up looking at all the numbers in red.
It is tearing apart my mind trying to figure out which coins I should invest more in. I mean ADA at $.33 cent and Ethereum only $770? It is hard.
Looking at EOS lower than $8 and seeing ANT sitting just above $4 is maddening.
I have the "what do I buy" tears.
The crypto markets have taken a big hit and it is hard to watch sometimes, but perspective is everything. If you are like me and look for the long-term gains in crypto, then this is an amazing time to buy. If you bought some Bitcoin and some TRON trying to get rich, well, maybe it isn't working out for you.
This is such a good time to do research and see what projects have a big release this year and which ones are pushing the blockchain technology further. This crash has really scared a lot of people and it will weed out the people just trying to get rich. I think that is a good thing.
It is better for crypto if the people investing are investing because the believe in the technology and the projects. Getting rid of the speculators will be better for us all. They'll come back when the market hits new all-time highs again, but it will be a little while. Maybe this summer.
Just hang in there and don't get spooked. Buy the coins of the projects you think are going to be great... projects like Steemit. Steem has a proven track record and a functioning platform, it is a good time to stock up on some Steem too!
Things are going to get better and one day in the future, things will really pay off for those that didn't freak out and leave in this crash.
Are you staying or running?
What coins are you buying?
Let me know in the comments below.
Thanks for reading.
