I don't even want to check prices anymore.
I have not given up at all and do think a turn for alts is coming sooner than later but it has not been looking good this week at all. I'm seeing close to lows for some coins and it is very discouraging to work in crypto when you are paid in a currency with low value. If it does turn we will laughing but today is not that day.
But lets not be negative and think of some of the good things that come from having alts at these prices.
Buyers Are Strong Hands
When a coin gets low there is a chance that people who are buying the coins are people who are here to stay and hodl. There buyers are known as strong hand buyers which are the opposite of weak hands, who are people who sell at the first sign of trouble. When a lot of strong hands hold an investment you will see less dumps in a market that can be very volatile.
More Coins Get Locked Up
With more people buying coins at cheaper prices there can be an increase of locked up coins and a decrease of coins on the market. This will make supply low and if demand does arrive you will see a faster and higher surge of the price. Think of it like a spring that is coiled tighter and tighter.
Leo Is Still Leo
Sites like Leo still work no matter how bad the price of the coin is. Leo can be $100 or $0.00001 and the site will still run smoothly. This means we have a solid product here that does not need to be dependent on price and when Leo does go up those who earned more will see a nice return.
It is discouraging on days like today but if you keep your head down and keep working hopefully it will pay off in the months to come. But I get it if it is hard as it has been a long bad run for a lot of alts. There is only so much we can keep saying that to ourselves :p.