Hey all,
Today marks another day BTC dips below $12K. Currently, at the time of this post, 85% of the Top 100 coins are in the red. Within the past week, we've seen many weak hands pull their investments out of the markets due to the news with South Korea. People today have speculated that the dip we see today is because of something similar going on with India.
While this could be the case, I personally the market is still trying to decide what it wants to do. We've seen many tests of resistances and many failed breakout attempts, and many bearish bleeds as well as a few bullish runs (especially with one of my top picks for 2018, VeChain (VEN)).
While we have seen this sort of pattern in the last few January's, it's interesting to note that every investor has a different strategy to tackle these price fluctuations. My question to you all is:
What are you doing about it?
If you have decided to sell your crypto, congratulations. You've impacted the market for better or for worse, but you were willing to give crypto and blockchain technology a chance. And to that I say, congratulations.
If you have decided to BTFD (buy the f***king dip), congratulations, you have increased your position in belief that your projects will succeed in the future. To that, I say congratulations.
If you have held your positions, congratulations. It takes a lot of strength to hold through these dips. But you've done it and you will hopefully be rewarded. To that, I say congratulations.
What else are you doing? What projects have you been looking at? Let me know in the comments!
If you liked this post, feel free to leave an upvote and follow me for more content like this. Keep crushing it!
Alex