Market Crash - What You Should Know by donefezy

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cryptocurrency · @donefezy · Dec 17 '18

$1.18

Market Crash - What You Should Know

<center><sub>![blur-1853262_1280.jpg](https://cdn.steemitimages.com/DQmS697ZV9v7iBXmLtMV5xtLCUqbeDhk6QwHJ3fWKHUKV6x/blur-1853262_1280.jpg)
[image source: [Pixabay](https://pixabay.com/en/blur-chart-computer-data-finance-1853262/) CC0 licensed]</sub></center>

<div class="text-justify">Looking at the way things are in every crypto community, we can see that the panic is alarming. Some people went as far as saying that cryptocurrency is dead. But the truth of the market is that this bearish market is a normal part of investing, be it cryptocurrency, forex, stocks, bonds etc. While many noobs see the bearish market as a time for panicking and selling at loss, real investors and traders fill up their bags in preparation for the next bull run.

***
What not to do during this market crash is adhering to the mindset that it will be over within the next few months. Due to the fact that no one can 100% predict the movement of the market, it is advisable to think long-term when investing in a coin. Always remove the thought of seeing a bull run within a short period. Also, no matter how accurate you think someone's technical analysis is, you shouldn't invest/sell off base on their analysis. Always follow your own intuition, learn from your mistakes and the mistakes of others.

***
Lastly, no matter the movement of the market, don't place yourself in the position of panicking. If you make a wrong decision due to panicking, you may destroy your portfolio which will result into future resent. Learn not to always look at your portfolio during the crash, as this will help prevent the thought of sell-off.</div>

👍 esteemapp, neoxian, surfyogi, good-karma, horpey, wafrica, minnowsupport, cryptospa, afolwalex, marvel1206, eu-africa, udezee, crypto-whiz, lordjames, morahn, jubreal, prechyrukky, eu-id, prayzz, ayubloaded, tosyne2much, ecodesigns, dawizy, nmalove, esteem.app, ammyluv, blessedben, steemiansarena, jacksondavies, steemjet-airdrop, feruz, okipeter, managersacidic, cheedlink, perkywicked, shampoowalker, noxioussmoke, networkriot, beeseregister, postporreof, tyresgoose, dirtbrails, slacketerosion, elviento, eclipticmelange, ruslan.chernovol, mutatorfounded, turbulentsooty, herbamazon, confessrumped, grantdearg, nbusurev, sergeidurov, coalswhirl, odetta199, borndead03, lambdaethanol, imaginaryclap, nideecstatic, veronika.ystin, maslov11, enrag, glyderaubeaf, capsuledesk, and 53 others
👎 camillesteemer

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@cryptospa · Dec 20 '18

@donefezy, very well written article. It was interesting to read. Thank you!

Posted using [Partiko Android](https://steemit.com/@partiko-android)

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@donefezy · Dec 21 '18

Thank you :)

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@esteemapp · Dec 19 '18

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@minnowsupport · Dec 19 '18

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Donefezy from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows.  Please find us at the <a href="https://discord.gg/HYj4yvw"> Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p> <p>If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=102530.639667%20VESTS">50SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=205303.639667%20VESTS">100SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=514303.639667%20VESTS">250SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=1025303.639667%20VESTS">500SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=2053030.639667%20VESTS">1000SP</a>, <a href="https://v2.steemconnect.com/sign/delegateVestingShares?delegator=&amp;delegatee=minnowsupport&amp;vesting_shares=10253030.639667%20VESTS">5000SP</a>. <br><strong>Be sure to leave at least 50SP undelegated on your account.</strong></p>

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@wafrica · Dec 18 '18

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