Time to Buy and Positive Effect Decrease Value: Cryptocurrency
Entering the first week of February 2018, concerns still overshadow the virtual currency market. Although some types of crypto have been on the green line, its economic value is still too low compared with the end of 2017. The passion for transactions is still but sluggish? Still hesitant to make a decision?
Silent = Dispose of opportunities
This is the wrong decision. In the stock market, investors and traders often take the decision of wait and see in the midst of unclear, uncertain, and unpredictable situations. However, this waiting time should not be too long. The silence period has its limits. Not doing a transaction can waste an opportunity, the silent money in the crypto wallet does not work as long as we do not make a decision. This is not a deposit that deposits in cash will be flowering, or like the value of shares whose value can increase when the performance of the issuer improves.
Crypto deposits in the wallet can also increase and decrease, but not because of transaction, but because the price in the market is being plunged too deep. In the last two days have started to beat back, crawling up though still slowly. It's a positive signal.
Silence in the middle of the price down is tantamount to wasting opportunities. We already know the characteristics of cryptocurrency transactions that are very volatile. Opportunity value down should be utilized to take profit later on.
Action buy
Do not waste opportunities when prices are down. In the midst of low prices, you should buy the crypto currency rationally. Why rational? Because we really should not lose our common sense in criptocurrency transactions that are loaded with risk. For that, for Steemians who do not want to take risks, should not make a top up to buy.
The trick is to utilize the market in Steemit with open sell system at an economical price. It takes a long time and a little profit if Steem or Steem Dollar that we have a little. But in the business world is so the rules of the game. _High return, high risk._ It still applies anywhere anytime.
For beginners, buy just a little to see the pattern of Steem and Steem Dollar fluctuations. Once you get used to it, you'll get a good feeling to make a decision; buy or sell!
Positive effects
Different types of crypto currency have gained tremendous attention since the beginning of 2018 until now. Print and electronic mass media are competing to lower the news about the condition of crypto currency that collapsed. Talk shows and interviews with cryptocurrency experts almost every day there.
This onslaught is like free advertising for cryptocurrency. People who have not heard before, are more inquisitive. Popularotas virtual currency is getting higher. This can have a positive impact on the value of crypto.
In various news, it appears that the main cause of the decline in value is the regulation in a number of countries. If the cause is known, the market will react immediately to adjust to existing conditions. That is, there will soon be a massive transaction that causes the price back up.
Transaction now or silent, or regret later? The decision is there at the moment.
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For those of us who are big believers in crypto for the long term, this is a chance to acquire as much as we can before the prices go back up. While it may be a drag to watch the portfolio drop, building at such a low level will pay off as the market turns around. I am excited about all of the projects that are about to launch that will remove the fiat/crypto barrier by integrating with existing payment platforms like debit cards. When moving in and out of crypto is as easy as using the Robinhood app, we will see massive growth and while this is good for the whales, the minnows need to scramble to gather up as much as possible before the next big move up.
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