Dont fear the market turbulence

Both the stock market and the cryptocurrency ,arket have experienced a bid dip. The stocks dip was led by tech stocks which likely means it has a correlation to the dip in cryptocurrency markets. Both markets investors are likely similar or the same. the drop can possibly attributed to the Senate hearing that Occured on thursday. It was quite a mixed reception but it looks like the market will be heading back up soon.

buying the tip

This opportunity to buy the dip and increase your dollar cost averaging portfolio. The market dropped but it stayed above support and is rebounding quite well. I believe that in the coming weeks we will see anothother attempt to breach 7,000. Now this is not based on any type of technical analysis just gauging market sentiment and the forces that sway that sentiment. I made a buy of 0x, Cardano and stellar. I am not particularly a bitcoin fan So I didn't really buy much of that (none). I am confident in the future of cryptocurrency so these dips are a provocative buying opportunity for me.

Play the long game

Crypto is just about to reach its 10th birthday in october 31st 2018, that means this technology has quite a ways to go before it reaches largescale adoption and there is a huge space to be filled by the potential of this market. It is easy to see how crypto could be successful as time goes on by simply looking at how attitudes towards it has changd over the years. some still believe it is a scam while the more sensible analysts see how the scams are just one use case for the crypto industry. I mean let's face it if you are scammed out of crypto its just like being scammed out of cash, no one is going to reimburse you. dont let naysayers who spout biased information sway you thoughts mae sure you do your own research and see WHY these are issues and what is being done to fix them. As crypto ages it will develp into a viable REGULATED asset class. When true regulation come we will be able to enjoy a more prosperous market as larger sums of money enter the fray.

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