Crypto Continues its Freefall....

in #busy6 years ago

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To me a lot of coins look to be on sales, but I have no capital to invest in so will have to sit and wait. Yet for those who have yet to decide whether to invest in crypto now is a good opportunity to do so. As time will pass this is one of those types of investments you do not want to miss out on.

Think Long Term

Invest in coins that have long term roadmaps instead of the quick growth and flip. With so many icos it is difficult to not be tempted on earning a lot fast by buying in early and selling quick. Yet I like to think long term as some holders of bitcoin would admit bitcoin took years to reach over $6k. Even though it had an all time high of $17k+ at current $6k+ it is still a lot of money for those who invested in it at early stages and held for years.

Now not all crypto will have the potential growth yield as bitcoin, and may likely not any. Yet investing in coins with large market cap will give greater potential of earning bigger yields in the future. It is not set in stone that this will happen but at least odds are in your favor.

Even if crypto prices continue to fall the potential of it to rise again is there. The reality is crypto has constructed what the future is in store for currency. It is difficult to not believe that the technology will have a big factor in banks and economics in the future. It may not be in the form we see it today but the future looks bright.

Thanks for reading.

If you wish to learn with me on anything crypto related please follow me: @mawit07

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Date of Post: 6/11/2018

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With much good news and adaption coming up, I think it's pure manipulation of the market to bring down the prices. After they have accumulated​ enough, it soon shoots up.​

I have stepped out most of my trades and wait for a return.

agreed. thanks for dropping by.

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