BTC
Oh off course I am worried. I am not that scared maybe just like the kitty.
Since January we are accustomed to the gain of last year. In time we expect to go back there as quick as of now.
I recalled the marketcap in the last day of December was around $700,000,000,000+ US cause BTC was playing around $19k US
It is not this time now.
We barely scrape the surface to keep up with $400 billion US.
May I say BTC is the culprit.
Unfortunately 95+ of all trade go through BTC.
Its price affecs all crypto market.
There is a good side to BTC, now the fees are way lower. Most people trust bitcoin.
Everyone is looking to accumulate BTC.
BTC is so strong, I recalled his share was roaming around 34%. Couple weeks ago it went to 40%+ share of the market.
It shows how strong BTC is holding it ground even though it is worth les than 10k US.
It is business as usual. We have seen this scenario before.
ETHEREUM
ETH has severely lowered his shield. Eth lost almost $300+ US. within a month period. I know a lot of ICOs are ERC-20.
May be they are cashing out their ethers, or as always price of ether correlate with BTC.
Eth is still a great buy since it used case stand for itself. It is sublime as we speak as a second in command.
STEEM
Steem is playing game with us. It has been holding around $3+ for a while and now we are tasting the high $2 range with discomfort.
Feb 5th steem was at that range. Hopefully it is a temporary situation we will all forget.
Steem needs a boost, A BIG BOOST.
We are waiting for the evolution of SMT.
Yesterday we admire the subtle change of the user interface.
Maybe there is more coming to whoa us.
Lucky for steemians, we have steem power to rely on for reward.
Steem price do not hinge steemians, may be we squeak and keep on steemin'.
ARE YOU SCARED?
It all depends where you lay your eggs.
Shaky grounds, you still got time to fix it.
Don't jump to conclusion and sell everything. You will definitely lose your position and have to start over.
Remember not long ago BTC was around $5000+ US. That was scary.
Crypto is here to stay. Any negative move send a ripple wave around and people tend to run all directions.
Always look at the market, whenever USDT is greem the whole market tend to be red.
No need to be scared. Just hold your positions and again keep on steemin'
VALUATION
Let me keep it simple. If you have a great need for fiat from crypto right now depend when you get in, it may not be a content decision cause you may lose.
If you are here for the long run, you are fine.
one btc is still one btc.
1000 steem still 1000 steem.
Do not let the valuation scare you away.
If you hold steempower, don't sweat. It will update to show a price around three and half days of steem price.
Don't fuss. Just keep posting and keep upvoting and commenting. Keep the train going steemians.
Make new friends. Help and inform.
It is just month 3 for 2018, a long way to go.
DO NOT RUN AND SELL UNLESS YOUR SITUATION IS DIRE.
KEEP ON STEEMIN'
#steem
#steemit
