You hit the nail on the head. It's to be expected and perfectly healthy for there to be a correction following such a good run this year.
And as you suggested, hopefully this will lead to a consolidation of alt coins when people start to realise that many have no purpose and add nothing!
@rok-sivante - Coming from a Senior Steemian like you, these words would definitely have a calming influence on the panicking herds. You have said this before too. This is the natural cycle of any stock/currency market. Cryptos are a bit more volatile but they follow a cycle too. I also agree with your though process that - there would have been no creation of wealth in reality if the crypto market evaporated our investments in a day. I have faith that Steemit platform users will grow exponentially and hence Steem will ultimately be in more demand. Thanks for your confirmation of these thoughts.
Since markets are red, I am not watching them. Instead, I have focused on improving my blogs. I have posted an interesting blog about Human vs animal eye capabilities, based on my original photos of wildlife. I request you to take a look when you have time and give your comments. It will help me improve my blogs and enrich my Steemit experience.
That was a great read and all so true, uncannily similar to what the little voice in my head was telling me the past few days... Alright, I was surviving well prior to landing on crypto world, I think it will be alright ;) Still keeping my fingers and toes crossed that after the bloodbath, we are heading for the moon :)
I definitely appreciate your perspective. It's so true that we really don't know what the future holds but one thing I know is that I believe in decentralized solutions and that the crypto community is full of lovers of freedom and we're uniting like never before. Onward and upward, through the fog!
Great thoughts! Thanks for sharing....
Ur absolutely correct---no "matter" what happens- even if my portfolio goes to zilch.
The cryptomarket has cultivated a new way of living/thinking....eye am for ever GREATful for the skills and emotional strength eye have been able to gain from the experience.
Eye am Living a different life that eye never could have imagined- and quite frankly- it's about FREEdom
I have lost 50%....
True Flip [ICO] - Already running a transparent blockchain lottery! Bomb! Bonus 20%! Hurry! :)
The platform is already working and making a profit :)
https://steemit.com/ico/@happycoin/true-flip-ico-already-running-a-transparent-blockchain-lottery-bomb-bonus-20-hurry
Good post, Thanks for sharing
This comment has received a 0.07 % upvote from @booster thanks to: @hamzaoui.
You hit the nail on the head. It's to be expected and perfectly healthy for there to be a correction following such a good run this year.
And as you suggested, hopefully this will lead to a consolidation of alt coins when people start to realise that many have no purpose and add nothing!
@rok-sivante - Coming from a Senior Steemian like you, these words would definitely have a calming influence on the panicking herds. You have said this before too. This is the natural cycle of any stock/currency market. Cryptos are a bit more volatile but they follow a cycle too. I also agree with your though process that - there would have been no creation of wealth in reality if the crypto market evaporated our investments in a day. I have faith that Steemit platform users will grow exponentially and hence Steem will ultimately be in more demand. Thanks for your confirmation of these thoughts.
Since markets are red, I am not watching them. Instead, I have focused on improving my blogs. I have posted an interesting blog about Human vs animal eye capabilities, based on my original photos of wildlife. I request you to take a look when you have time and give your comments. It will help me improve my blogs and enrich my Steemit experience.
Get your Om on. Chill da fuq out. awesome.. thx!!!
This has to be one of the best gifs I have seen.
Bender carrying a bag of SWAG!
yup! lol
thanks for the update bro! great post
Yeah i am receiving 0.01 dollars when someone upvoting my posts. I am feeling so sad :-(
It all starts somewhere. Keep planting seeds and focusing on creating good content from your heart and others will be inspired. :)
That was a great read and all so true, uncannily similar to what the little voice in my head was telling me the past few days... Alright, I was surviving well prior to landing on crypto world, I think it will be alright ;) Still keeping my fingers and toes crossed that after the bloodbath, we are heading for the moon :)
I definitely appreciate your perspective. It's so true that we really don't know what the future holds but one thing I know is that I believe in decentralized solutions and that the crypto community is full of lovers of freedom and we're uniting like never before. Onward and upward, through the fog!
Great thoughts! Thanks for sharing....
Ur absolutely correct---no "matter" what happens- even if my portfolio goes to zilch.
The cryptomarket has cultivated a new way of living/thinking....eye am for ever GREATful for the skills and emotional strength eye have been able to gain from the experience.
Eye am Living a different life that eye never could have imagined- and quite frankly- it's about FREEdom