Almost all of the top and not so top coins and tokens are bleeding see coin market cap and we have seen this time and time again-however is this the end of our dear crypto space or is it a strategic opportunity to increase your holding and thus wealth? Here are some few points:
**Market Ups and Downs: **Markets almost never move in straight line rather up and down so take advantage when it is down by buying some top coins and or tokens very cheap (see white list section of www.elyte.io) , hold and take some profits when it is up. This strategy will always keep you safe .
Be fearful when others are greedy, and greedy when others are fearful - Warren Buffett.
Efficient Market: Forget those that claim that they can predict the market because if they can do so, then no need to share their secret with the world –they are rather using people to make money claiming to read candle sticks or chats. Cryptos, for example, are influenced by speculations (especially bankers that are rightfully terrified of cryptocurrencies disrupting their monopolies and thus spread bad news), emotions and news –therefore if you want to follow the money, then follow the news and be fast to react accordingly without emotions-click here and see my former post about this issue
Asia buyers: Asia is still the biggest crypto market especially South Korea and China. Do you remember that since 4 years ago, cryptos are red during this time, why? The answer is the Chinese New Year celebration. Rightfully, our lovely Chinese and Korean crypto lovers will spend their gains this period rather than buy or hold. Stock markets, on the other hand, see gains during holiday season because most retails and entertainment stocks rise. Cryptos,however, bleed during big holiday spending and gain after holiday period-therefore chill and expect a big rebound by February.
What do you think? Send in your comments and or suggestions and would you pls resteem and upvote in order to send in your support.
Ethereum Lyte (Elyte) is currently doing their 3rd bounty campaign in order to share free tokens for people to kick off their trading aspirations…see link share and join. https://docs.google.com/forms/d/e/1FAIpQLSeOcKUUoTU6IKr1qX5osYaWMdVL8-nB5RmroYtYBir6YYof9A/viewform
Hey guys, heard about this new upcoming coin called Ethereum Lyte (ELYTE) , so far price has shot up over 2K% in just a few weeks- even as they are yet to be listed on Coin market cap (coming soon), seems like it might be a real good investment for the future. What are your thoughts? Make sure to check out their twitter page : https://twitter.com/EthereumLyte , website : https://www.elyte.biz/ and white paper or join their active telegram community https://t.co/kAhkvVTPBF where all your questions will be answered.
And get their tokens fo free via their current bounty, see link https://docs.google.com/forms/d/e/1FAIpQLScf9ORCo55gpLT9kIJA2kjR0ugWUeT5lDQg9GPgZ6RlW2Nc4A/viewform
Elyte website: https://www.elyte.biz/
Telegram : https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw
Facebook: https://www.facebook.com/EthereumLyte
Twitter: https://twitter.com/EthereumLyte
Linkedin : https://www.linkedin.com/company/ethereum-lyte-elyte/
Bitcoin Talk page : https://bitcointalk.org/index.php?topic=2618851.new#new
Reddit : https://www.reddit.com/r/EthereumLyte_ELYTE/
Join the Telegram group for now!