Many folks were in great panic and distress few days ago because bitcoin , steem and other altcoins lost their periods leading to the dreaded color red!!! Most worryingly, many folks contacted me (in panic mode) that their steemit earnings reduced drastically and that they will give up (Lol 😁 )-I have to calm them down explaining that it is a normal phenomenon in our dear crypto space and thus an opportunity to enter the market especially if you have fiat. Here are few points to note:
**Opportunity to Join Next Best Thing: **Crpytocurrency market is amazing because it gives us (monthly) opportunity to enter a good market due to its volatility. A good example is the current cheap price of Ethereum Lyte crowd sale (see white list section of www.elyte.io ). Ethereum lyte with its 1M total supply, deflationary nature will be the next best thing and now is the time to enter the market very cheap (see link for their current bounty , join and get free elytes here: https://docs.google.com/forms/d/1FEonw5FIRlIPmUEZw1hkS2WsbZS8ZykyzuIbcYmDmEw/edit#responses ) before they list on a big exchange by next week.
**Be Strong: ** Cryptocurrencies are indeed not for the faint-hearted. So be strong, do not allow emotions to take over you which can lead to you selling all your assets at a big loss and later buying back at a high price which in return, can lead to failure. Rather calm down and hold in the long run –remember that whatever goes down will surely come go up and verse-versa.
**Buy Cheap Tokens: **Make sure that you always have some cash reserve in order to take advantage when the market is red, take some profits when it is green and hold the rest in the long run. Moreover , use the opportunity to buy some steem and power up in order to secure your investment and be relevant in the future of social media including gaining in the future high price of steem (plus curation and author rewards , delegation of power, rewarding great contents plus interest payments ).
Do you agree that crypto´s are not for the faint-hearted? Send in your comments, would you pls resteem and upvote in order to send in your support.
Click here and read my former post : Do you know the extensive effects of steemit in your life?
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?
Elyte website: https://www.elyte.biz/
Telegram : https://t.me/joinchat/E6tXj0dThqzzjVlWJRuxLw
Facebook: https://www.facebook.com/groups/208043153099723/
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!