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RE: Steem Growth update: Powering up in January (and a bit of February)
I believe some smart investor said something along the lines of buy when others are fearful and sell when others are greedy.
We are not in mass chaos, but I do believe a certain amount of fear has kicked in around here and all through crypto.
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'Buy when there is blood in the streets', was one quote from a long time ago. Not an overly pleasant one. There is a bit of fear but I also think that those who have experienced it before (or know directly) see the signs of where we currently are.
the quote is a little longer then that but most do not know that:
buy when there is blood in the streets, even if that blood is your own (comes from Baron Rothshield and he should know)
but I think the second part is a lot harder then the first
Do not give into your own fears. I see most fears that we have these days as protection of our fragile ego rather than anything that threatens our life or limb. People worry about financial ruin so rather than take risk, live in poverty of many facets.