Wow liked your post .. happy reading it .... really amazing .... thank you for sharing a good day.

your story writing is always outstanding.. i appreciate your writing dare... thanks for sharing

I'm impressed with steem too. Its growing every day making it a very good buy! Good post!

ok fellow your bloge

I'm doing the same thing! I love double reds when it gets to buying time :) I mean, what if it never gets this low again and this is the one opportunity? I just follow the advice of "don't panic." I don't think you are panicking, though.

Very good strategy mate, I agree with you, wise approach :) , now you can wait to best moment to buy more and even make big profits ;)

Hey Exyle,

The market is so crazy at the moment. It's good you've been through it before. I'm hopeful it will be back up by the end of February.

By diversifying to fiat, do you keep the fiat money in your exchange or are you withdrawing into real money from the bank?

Thanks for your vlog, always appreciate them.

The bank. I never hold much of anything on exchanges.

ah awesome, smart plan! Have a good day!

wow..what a beautiful story I love your post,,, thank you @exyle for sharing with us...

Patience is really the key here. Like you said

> I prefer the feeling risk aversion over maximum profits.

I've made this mistake all my time in crypto, failing to plan for the dip. But lesson learnt

https://steemit.com/nsc/@mirzasteemit/vote-suggestions

excellant writing @exyle thanks for shareing this [IMAGE: https://steemitimages.com/DQmPEWBqR2VeAGRsSQ9Yp6ZezKNLHvkkrwN7rHf7fdftoEb/Screenshot-2018-2-2%20Vlog%20207%20My%20plan%20for%20the%20downtrend%20Patience%20is%20key%20-%20DTube.png]

I am busy in the last few weeks .. I take the time to declare crypto and steam always have to unite to make a part of the element in steam to crypto.

https://steemit.com/nsc/@mirzasteemit/vote-suggestions

Mark you played this last UP move like a Violin......Sweet Music when you took Profits off the Table near the Highs. Now that we are looking like Blood in the Streets you are getting Hungry to get back in again. Rare like a nice piece of BEEF. You will have such a FUN ride when we turn back UP. @exyle

All bitcoin sold and waiting for it to fall of the clife.

Are you going to buy back in?

you hit the nail on the head, good post, get ready to buy the dip i follow parabolic trev on twitter and he calls the dips and highs very well

Nick
Certified Bitcoin Professional

@exyle Most coins are certainly looking ugly at the moment but that is apart of the crypto world. It is a constant adventure with plenty of bumps. Thank you for everything you do for the Steemit community. I invite you and all who read this to stop by and join my contest called "Together We Build 4" Winner gets 10 SBD it is a great way to interact with others and help build our Steemit community. Thank you.

I totally should have pulled out. I'm not too upset, because I was always dedicated to leave everything in for 1 year for tax purposes, but if I would have pulled out early January, taxes or no, I would have been very happy.

Wow excellent post at wonderful platform. Your @ exyle blogs are beneficial for the steemians and your writing style and explanation are amazing. Thanks for sharing nice post. Keep it up and stay blessed.

The market is so crazy at the moment. It's good you've been through it before. I'm hopeful it will be back up by the end of February...I'm doing the same thing! I love double reds when it gets to buying time :) I mean, what if it never gets this low again and this is the one opportunity? I just follow the advice of "don't panic." I don't think you are panicking, though.

Thanks for the great suggestions and informations,yes in these days crypto world is becoming cold, but I think it is a calm state before wind, so it is better to have faith and patience. Thanks for great sharing, wish you a very beautiful time with your beloved partner.

Good work done ...am actually impressed about the steemit notification app, this show how broad steemit is becoming

Glad you like the app!

Please what's this steemit notification app he is talking about??? Really interested in knowing .

It's called Steemify for iPhone.

Will be amazing when the Android version gets released haha.

Is there a Busy app?

No idea haha. This app on iOS is called Steemify 😸

Unfortunately Busy doesn't have an app yet, so I just saved their website as an icon on my home screen.

It isn't pretty, that's for sure. I am watching keenly for the right time to buy in as well.

The good thing is the long term trend is still way up!

It's $5k
Years ago the AI Think tank HelixQ created the Bitcoin Algorithm and it's been hitting every major move up and down with public tweets.

The algorithm says $5k is floor but it might change due to bitfinex tether fraud news impact.

But right now floor is $5k and it's been that for over a week.

First floor was $10k info released when BTC was $19k.

News article on it

https://kryptous.com/bitcoin-crash-to-5k-says-dr-sol-adoni-the-prophet-of-crypto/

Same algorithm says BUY STEEM HODL

https://kryptous.com/the-prophet-of-crypto-says-buy-hodl-steem/

It's why I'm here trying to see how much of this site is just bots versus real humans.

There are plenty of humans dont worry about that! :O)

I think the typical 90% bots.

I'm trying to engage @papa-pepper Rep 77 on this fact.
https://steemit.com/spirituality/@soladoni/papa-pepper-first-red-flag-about-steemit-how-can-this-be

He has some great videos no one views yet his bot army of followers all claim they watched them.

So the numbers don't add up.

No video views yet bot comments praising the videos.

Right now steem a minor mkt cap

I like it but if the top rep guy on STEEMIT can't get real humans to watch a video what is the point of this social experiment.

Numbers don't lie but people do.

Rep 77 and a steemit post with tons of bots comments saying they watched and the videos are audited and show no views.

90-99% bots most sites today.

Only difference here is if TPTB bless you with their bot armies you make a little coin.

Unlike most my first tech venture started in 1976 as a boy of 16.

My father was an early pioneer with IBM.

So I'm looking real hard at steemit since I publicly blessed it recently now I see a red flag.

How about you share a little steem love with a nice 100% upvote since I'm explaining there's a glitch here.

Haha

You, @exyle and @papa-pepper all have nice reps early adoption.

Well I'm here 4 days invest off site in some steem now I'm testing it.

4 days 36 rep, some followers but not sure if it's worth my time if it's 99% bots doing upvotes and fake comments.

Here's a news article about me giving my blessing to steem.

https://kryptous.com/the-prophet-of-crypto-says-buy-hodl-steem/

I may have to issue new opinion though.

I hate bot sites.

Sure few real people but if it's all being manipulated with bots I'm not putting my valuable energy into it then.

As much as I can praise I can curse a project.

You see how bots have accounts here openly saying that's the game.

Well bots serious red flag for real VC money.

So I'm looking for intelligent discourse on my concerns not a pat on my head don't worry about it.

Explain why @papa-pepper has lots of comments saying they viewed his videos yet there's no views.

I'm very concerned about it.

Goodness me, I am always happy to chat but not on someone elses post. I disagree with a fair bit of the above. I am certainly not going to explain another users post/video views. I havent even seen it

You are obviously free to praise or curse whatever you see fit

I'm concerned with fake views and bots and stuff, too.

I think he'll fall a little more and go up again.
No need to panic

wow..what a beautiful story I love your post,,, thank you @exyle for sharing with us..
[IMAGE: https://steemitimages.com/DQmYdcXvt9Xzt7aL98xDtKBr5RqDMoTxdLy9vdxTo9zyuV5/DQmf84t6h3Ds3PRaKvNgnSgL9WZuWzphjXhBKJDfpGDun4g_1680x8400.png]

Yes , steem is still way up , and I think that steem will be stronger in this trend.

Do you think SBD will go back up again?

You are lucky guy, who analysed the downfall of crypto early. Yes it's better to have bird in a hand than two in the bush. Greed is curse. Congratulation your plan worked for you All the best for future deals. @exyle

Patience is a virtue and it is also the key to success @exyle! 😊💲 Soon↗️

Agreed, patience mixed with some proaction action at key times.

wish I had gone to fiat to.. a good lesson for the future.. not happy now.. but time will come again..

Great blog Well done @exyle

Yeah, wait a bit more Than Start buying would be profitable.

You are really awesome @exyle

The way steem has held on to itself is a proof in itself that a lot of people trust in it. Yes it has come down by not as down as it was before. Definitely this is the best opportunity for some to buy. But i feel un ethical and un emotional to buy from people selling it out of fear. If we don't buy the sell volume will increase reducing the price further. Causing further damage to those who are selling it out of fear.

It's pretty brutal right now but I think it just has to be with an immature market. People are inexperienced and allowing this downtrend will show how much these coins are really worth according to the value it provides, as opposed to hype and speculative investing.

That's why I have put a lot into Steem (even though the prices goes down shortly after buying). I do hope things settle down and go back up, but I don't think I can control it. For me, the best thing I can do is just focus on my Steem account and improve my writing. I don't want the crypto market to stress me out. Just focus on yourself and your skills.

> For me, the best thing I can do is just focus on my Steem account and improve my writing.

This is a good mindset.

"It's pretty brutal right now but I think it just has to be with an immature market. People are inexperienced and allowing this downtrend will show how much these coins are really worth according to the value it provides, as opposed to hype and speculative investing."

very good comments and we shall wait and see, crypto is very new and only dec 2017 saw some mainstream adoption

Just a friendly tip @nickwalshblog...

To 'highlight' a quote, Tap the > (greater than) key in front of the quotation. Copy and paste the part you want to quote into the comments box.

>It's pretty brutal right now but I think it just has to be with an immature market. People are inexperienced and allowing this downtrend will show how much these coins are really worth according to the value it provides, as opposed to hype and speculative investing

Best regards.

Peace.

The FUD is real. I'm seeing news articles that are spreading news that has been debunked for weeks. This is such an opportunity to buy, and I wish I could. When price is tanking because you have bad news coming out, but you know that news is fake? That's a golden opportunity.

> Just focus on yourself and your skills.

I truly needed this wake up call now.

So far this downtrend is new for me. I only saw things are going up. The last days it is not that good into crypto world.... But I trust it will defenitely be better soon. Spring is coming and then we will have STEEM summer.

Downtrends are part of crypto as much as uptrends. A Steem summer sounds nice :)

Thanx for sharing. Well this is a bumpy and painful ride but have to hold our emotions. Fellow steemians just be careful before you guys sell anything. Exyle is right. Patience is the key.

i don't think that right now is a good time to sell anything at all, actually ....

I agree. Unfortunately ppl are selling right now and thats why I wrote please be careful. I am actually slowly buying right now and I wish I had more money.

The ideal period for me is approaching, I have some money and I want to buying Eth.

Good insight, it's good to diversify crypto holdings into fiat to buy back when there is a big dip. So far steem is trending well.

May not be the best idea.

wow nice

>My current investment strategy is to diversify some of my crypto holdings (not STEEM) back into fiat gradually.My crypto holdings went 10x while my Fiat has stood still.

I think converting to Fiat is really a smart move and I must say that the conversion is gonna be huge from what you just said about your crypto holdings growing 10x

>I need some Fiat in case there is a big dip to buy back in.

You know I never thought about this until now...Gosh ,what have I been thinking. I think it's time I convert to Fiat as well.

>We are in a downtrend at the moment and it's not too pretty. Double digits red across the board for most coins.

I wouldn't say this is scary coz I have nothing to fear when it has to do with steem. Indeed steem has shown some level of doggedness which makes us all more confident in it.

I buy BTC, ETH, ADA today's, let's price go down, for me it's NOW best price ever! Christmas Black Friday!

Nice post beautiful presented and explained. detail oriented with nice information. thank you for sharing

I think you are an inspiration to many out here now when the market has red numbers. Just have faith in this blockchain and keep calm. Just like you say it's a waiting game this and meanwhile try not to get to much affected by it.
Maybe if we look back in a month on this Vlog, the situation will be completly different :)

Steem will be stronger in this trend.I am impressed with steem.Thanks for the great suggestions.Keep it up dear

Good morning @exyle, I can say so after seeing your vlog. You made some nice comments, and especially the one from the BTC you did buy for $250,-... and indeed that period in % it was decreasing even more then the situation we face now.
Keep us updated when you decide to buy new cryptos again, and indeed ; the NEO / CARDANO / ETHER besides the STEEM are very interesting.

Btw, I have one more question for you. How does it work with things like signing up for mobile/internet when you don't have any "employment" contract after you close your company? I follow some bloggers here in Sweden that have saved and invested for 10+ years and now have economic freedom, but he have started encounter some of these problems.

I think as a normal consumer these can just be ordered in the Netherlands. I'm keeping my company though but it won't have much clients.

some funny coin, previously unknown to me, just skyrocketed yesterday somehow :o
but, "patience is key", i am hoping for the best in 2018 too

https://www.coingecko.com/en/price_charts/digixdao/usd

Sitting on one's hands is difficult for most. Chasing price is easier for most. I share your strategy, but lack your experience. Nevertheless, I sit. Though it makes it hard to type.

> Though it makes it hard to type.

LOL!

Better go more into EOS. I like Cardano, but EOS has much more potential - especially for developers and they have already the bigger community of active developers. I´m all in with EOS and STEEM and this also makes me very peaceful at these crash times.

nice one mate .. also waiting patiently for the right time to buy in again..

@exyle,
I can remember you said it few time back! It was a wise idea and I also did the same! HODL is something different. Make moves with market price is something different too! After all we HODL and as you said patience is the key!

Cheers~

Great post. These are dire times for crypto at the moment but the full picture hasn't been painted yet. I think they hey created this dip to allow a second wave of investors to get involved. There is just too much money to be made still. Only a fraction of the world have invested in Crypto and I don't think they are ready to crash the bus with so few passengers on board. The UK banks has just announced that it will be removing thousands of cash-machines. They wouldn't do that if they really saw a future in Fiat. The world is going cashless but it won't be with BTC, more like NWO-Coin. My plan is to wait for it to go main-stream and then jump ship with a large portion of it. Will always leave some invested as you never know and I don't claim what I say to be gospel. Only time will tell bro. You have my witness vote. Good luck for the future.

A struggle to get a rainbow, the result is amazing.

Just be PATIENT...Myspace ist comming back. I PROMISE!!! :D

Awesome post. I just discovered this interesting blog, i didnt hesitate to follow , upvote and resteem. Support me tooo, as i am new on steemit . Upvote my comment, thanks.

good post. thanks @exyle. I am glad to be able to visit your blog...

Wow nice tips okey i follow your tips and lets see result

I think its a perfect entry point for some new people to buy in.

I’m glad i didnt buy profit trailer yet for trading, now i get an excellent discount on buying it, and i think trading on the ETH is a much more stable environment than on BTC. Time to consolidate and build positions up again.

hello so nice I really like your post! Lets make steemit together to a better place with our content! I would like to read a bit more about you? Look my Introduceyourself like I do it. I went to jail because of cryptos :

https://steemit.com/esteem/@longming/dari-tanaman-liar-jadi-kerajinan-tangan-6387799f99c71

PATIENT IS THE ONLY KEY IF YOU ARE INVOLVED IN CRYTPO. nic epost keept it up man ! :D

[IMAGE: https://steemitimages.com/DQmTbaqDddBCMAsRzZrX5pU2raVwvCbVoDU1dDFo3JUBikw/tenor.gif]

Here we must be patient, because this price is going up same fast like it come down.

Awesome notification app! Been needing this for a little while now!!

Glad you enjoy it!

@exyle I feel even in a downtrend profit can still be made. I trade my CRYPTO investments according to the market trend and I've so far been able to curb losses

Thanks for your mush ......i like this post my sharing .....your next post best of luck dear.........

Well, expectedly BTC will decline to 8k USD and that would be the right time to invest in as its price gonna boost slowly but surely and steadily. Big investors like you are waiting for it to hit lowest level and then there will be boom, BONUS.

Living and learning. Wish I’d done the same as I have little to invest right now when it’s so low.

The fall is going more than we expected, but selling at this point will be great lose to many, I think Feb end will be much better

That divestment has now proven to have been a wise decision, with the current downturn in the market values of most Cryptos. New investors need to tap from your wealth of experience @exyle. Thanks.

@alanfreestone. This is the post I’m reading.

Not fun stuff on the market. Especially for people who entered when BTC was at 20,000 marks.
But It's nearing the point to invest more. I saved some fiat for this moment.

I'm in for the ride no matter what happens. I've seen bigger losses in both fiat and real estate that were completely beyond my control. External manipulation is par for the course; always been that way. Greetings!

I'm just increasing my chances to have a heart-attack while hodling.

steem even at this time holding strongly in this bearish market this is good news for many of us :)

Yeah, it has held up surprisingly well. Ethereum was doing great too, but it ended up taking a hit later.

nice strategy...it is good to cash out when market goes parabolic and buy back when it crashes...

Totally agree with you, now we all need to gain maximum patience, that would wait for a convenient moment. Of course, when you see the reddening of courses on the stock exchanges, there may be a desire for ill-considered actions, but now it is better to wait, although the Steem demonstrates better stability compared to other currencies and it pleases! Thank you Mark.

[IMAGE: https://steemitimages.com/DQmQX7siGBJAepuXoG638Z58vW76s6Xuy5XUpxht8J9hgLK/FB_IMG_14957241599122265.jpg]

Nice.....

My plan is a little diferent since I'm still building my portfolio on crypto! I will hold all my crypto and continue to buy small amounts every week to average the price!

It's coming to the levels where Sam brought in, but we won't budge. Hindsight is a wonderful thing as they say, could have sold at $16,000 (double our earnings and brought in again now). Yet, we don't roll that way and it never crossed our minds to sell.
Only have a fraction of our savings invested - didn't put all our eggs in one basket and wouldn't suggest anyone to do so. But do what you want with your money, not giving any advice here.
We're all in this boat together, let's not rush over to one side and capsize!

Yes good idea to have transferred some crypto out to fiat to be ready for th e bottom when you can buy back in cheaply.

10 x profit you made very astute well done.

Downward trend caused by many factors, scam bitconnect, tether, an d Govts scare stories, false news, discord pump and dump groups ripping off newbie coin investors,

Patience is the key for many life's aspects. Good strategy.

Steem is the future :D i exchanged all my cryptos except btc for steem last week :)

Can you see all that blood in the water? The sharks will be here soon.

i diversified my cyrpto back then too and now the panic is a bit less than usual i can see my self getting matured hahah nice experience it is to learn

I Think steem is more stable than any other crypto. And I think that the steem community can be proud af such... It gives more meaning to "Power to the people"...

I believe that this time it is a bit different because bitcoin bubble really went mainstream. Even people that didn't know anything about crypto started to ask what is bitcoin. So now, it may be in a downtrend for longer and lower than many think, until most of mainstream start forgetting about it again. Then it will moon and beyond again quickly to avoid mainstream to enter again. But who knows? I agree with you patience is key :)

Patience is sure the key !And seems like your strategy is quite good !While getting to know and learn crypto market each day I am getting to understand your way of thinking !

helpful post! @exyle

we gunna make it out of this I think its whales of Wall Street manipulation at play here

are you afraid after the fall of the cryptocurrency price recently ?? or just me ?

downtrend is good for a bit it makes the market healthy for long run lets see how this time goes by

If you want to move cryptos into fiat it's a good idea, but don't do it now during a downtrade, i would wait until may-december, the price usually spikes in may and keeps rising until december, if you take it out now you might be losing money, but hey, it's just my opinion lol

I started this process two months ago.

Unfortunatelly I bought some coins about a week ago, now I'm hodling like crazy.
It was a good call to take profits when you did.

Excellent video friend and i agree with your thoughts, i also like to mentioned that such dumps are part of crypto space and we don't need to feel panic in such dips in fact we need to hodl and buy more if possible in such dips and we surely see great results in near future, wish you all the best in all of your future endeavors! friend Stay blessed

Yes, I would love to be working full time right now and putting money in weekly.

@exyle this is a good strategy. Your plan sets you up for hard times. One of the biggest problem​ with most people is they go all in and are not able to weather the downturns. For a sound investor, downturns in the market are when fortunes are made.
Great article as usual​.
@tincanjunction

holding needs patience if one has that power they can achieve a lot testing times

Like your thoughts and strategy .... following for more.

good one. keep it up

True. Crypro is in n hype. Too many new people joining to make a quick buck. Rather invest in the technology and projects you believe in. That is the way to go, and as soon as crypto hits main steam, you wont be sorry.

that post i still remembered wow your words were 100 % gold still nice :)
i am holding and diversified everything

I agree @exyle patience is key here. This is nothing new to us. I think the floor is around the $7500-7600 range for BTC. My prediction is things will begin to turn around in the market on or before February 15th. The media here is bi-polar and highly manipulative. There are many people I know who bought into BTC in November - December for the first time and are asking if they should dump now just based on what the media is reporting.

The Dutch Media is already reporting the 'crash', like they always do when there is a correction. I'm glad I can just tune it out and keep a straight head. Panic rarely leads to good decisions.

The media are always looking for something to say. They don't really care what as long as they get views – and of course money.

And never forget that media also uses their influence to control the market and to take their own profits out of it...

Yup. The funny thing is that what the media say about Bitcoin's price determines the price...

Yep, everything is made as dramatic as possible in the news.

Please don't talk about it.

I can't even watch the local news, without people talking about the 'crashing bubble'.
NOS/RTL talking about BTC becomes increasingly cringeworthy

Yeah, I hear people saying that crypto is dead. It's crazy considering how many partnerships there are and how entrenched the tech is becoming. No one seems to be interested in reporting on that.

When I saw the crypto market cap move from $800B to $400B in a matter of days following the questions surrounding Tether, "crash" was the word I characterized it with.

While I saw no cause for panic myself, this "crash" tells us something about the overall composition of the crypto economy.

For one, it seems that convergence on something like a crypto-Federal Reserve is being tested and that we may be talking about fractional reserves soon. IMHO, we need to come down against tether coins. I understand the need for a stable coin, but I'd ultimately like to see something like an index coin solve the "...nowhere to hide fast" problem. I feel like reducing the impetus to dump crypto this way is important.

And two, what does it say about crypto-culture? Ideally, we want to build a broad perception of value in cryptocurrency and blockchain technology as a whole. This is the future we want, yes?

Are we treating it with that regard, or is it just another investment vehicle?

invest in it as opposed to day trade

An index would be nice. I think people would feel more secure investing in an index.

I couldn't agree more. All media outlets are setting the panic in. Keep cool and with a diversified portfolio this will even out in the long run.

I'm hoping I can find fiat by then. I've been really looking at re-investing at these prices, but I can't break my dedication to the "only invest what you can afford to lose" rule.

Yea. I'm new to this and happy to patiently let my investments grow. I bought in November. Stumbled in right after BTC crashed 25 percent and caught all of that big upswing, mostly from returns on alts. Then I didn't have any more money to buy more coins until BTC had dropped to $12k USD. So, I'm way up on my first investment, down on my second investment, and about even overall. Am I lucky or is that normal?

And honestly, my background is in Forex.. Not Cryptos, however I was looking at the charts and it looks like we are finally entering into oversold territory with some sharp jolts up from the bulls. For example LTC dropped to sub $100 levels but shot back up to around $130 rapidly.

This kind of behavior paired with being oversold indicates a strong possibility of the bulls gaining control and we are seeing this across the board.

What is Forex?

That is the same as crypto exchange but for currencies.

It may not turn around until the summer. But it is good to buy now before it goes up again whenever it does. So, people should probably jump in now before it is too late.

I fully agree @reidlist

[IMAGE: https://steemitimages.com/DQmV1z3yiXz4QhPuaH6U7vaEwPrf3aYcyBkNYSPonpNwfX7/MarilynsingleBitcoin.jpg]

Good prediction lowest it has gotten is $7,796.49, of course nobody knows if that was the lowest it might go down further, but anyway right now it is above 9k.

The B's from the Weiss report have most of my interest.

So I was just wondering what your take was on EOS. Steem and EOS have both scored really well on the Weiss report. A lot of people seem to discredit the report but I thought overall it was pretty good. I did disagree with some stuff. But bitshare was also a C+ on the list making Graphene based blockchains look really promising. Any thoughts on other Graphene chains like Peerplays and Muse?

My favorite quote - "The time to buy is when there's blood in the streets." (Baron Rothschild after the Battle of Waterloo) What will be interesting is to see whether any cryptocurrencies (like Steem) manage to de-couple and provide refuge in the storm. Right now, it seems like a downtrend for 1 cryptocurrency is a downtrend for all cryptocurrencies. That seems to be more a sign of market immaturity than any ironclad rule.

It's a very famous quote. But this is not blood in the streets yet. This is just a hefty correction.

We are against Rothschild and we are in money storms now as the dollar dies.

Congratulations on timing your moves so well, I could see the possibility of what was going to happen but didn't have enough certainty and I've already decided my plan of which price I'm going to hodl to

very happy with steem the decision was wise to stand still with the steem for long the patience is really paying off too now

You are right, the patience to achieve success is fundamental, nothing comes from the night to the morning all success is the result of hard work, time and dedication.

I like your story @exyle

Executing that plan perfectly here too no more FOMO only HODL :D

While BTC is going down, nobody will be fearing missing out of losses.

you shared this way back and your experience is really amazing with crypto that's why always tune in first to check out your vlogs

Patience is key.

I've always said that if anyone wants to invest in cryptocurrencies, Bitcoin is still a standard item of every portfolio – but it is no longer the onliest asset.

In every well-balanced crypto-portfolio today you find other coins, like: A good starting point to put together your portfolio should be the website coinmarketcap.

Thanks to steemit. It could be a good place get some fiat indirectly without pinching your pocket. The best thing I can advice crypto investors is just get a steem account and learn to write and more importantly, improve in writing.

May I ask @exyle, how long are you going to be patient?

I bought Cardano today. Gradually like I always do.

And how many clients do they have?
How many merchants?
How many consumers?

The only thing a group of scientists are good for is to waste a big budget.

I don't think it's a solid commercially viable project.

STEEM is only crypto with a decent user base but they're not consumers yet.

So when a bridge to steem merchants is build that will propel steem.

Can you nutshell why Ned and Dan split?

What do you think of EOS?

Dan's right about the USD peg, it's only way to broad merchant adoption.

A crypto that can really scale to billions of daily transactions with no merchant fees so merchants adopt it, but is tied to USD so it's stable.

Investors will hate it, but that is crypto 2.0

Nice to see another understanding the recent top.

I've been here 4 days but first day here I wrote how $5K is the new bottom.

https://steemit.com/bitcoin/@soladoni/bitcoin-crash-to-5k-near

So you're right, it's not time to pounce yet.

My think tank came up with the bitcoin algorithm years ago that predicted the 20K top and it is saying 5K low.

Here's an article about how we've been 24 hours ahead of the big 4 digs the past 40 days.

https://kryptous.com/nsa-crypto-god-the-prophet-crashes-bitcoin-and-crypto-markets/

We are also only bullish on 1 coin, STEEM.

So we are in sync how we view this correction/crash only it may now be lower than $5K due to the Bitnex scam with Tethers, so without that we had it going to $5K.

So $5K might be a nice floor for a short time to pop it again, but as soon as the perp walks begin with the scam crew of Bifinex it could got lower than $5K, so that is the bottom of this cycle, the impact of a big exchanges execs all being shown on TV for minnow wallets to flee hot exchange wallets.

It could be Crypto 2.0 is about to start a little earlier than anticipated and BTC is a footnote by then.

Here's my views on STEEM, the market value is irrelevant to us, they need to untie it from exchanges soon and let it be it's own thing.

The value is internally and development of local merchants willing to take the coin or joining a stable crypto merchant network.

That's crypto 2.0 merchants not investors will lead it and nothing that exists is ready for that yet.

But STEEM is it's own thing, it doesn't need exchanges, it just needs merchant participation to become unique currency.

Our thoughts on why STEEM is the only BUY/HODL coin right now.

https://steemit.com/steemit/@soladoni/steemit-steem-join-buy-hodl

I agree @exyle. The worst is those who are new are having a hard time. Well like me. First I need to check things like do's and dont's, society, and what things need to do in a first place.

its kind of very interesting thing happening and diversification of crypto seems to be working really well

That's a good idea @exyle

Steem compared to BTC seems very good

As a BTC owner since December 2012. Panic selling isn't profitable. Patience is.

You being as calm as you are about this is actually quite relaxing.

Things are down now but we can always be patient, like you said, and continue to diversify our funds.

I'm looking at buying all I can right now so that I can be on top of the game. Thanks for the reassurance, Exyle!

amazing post !! thank you for the information ! good work my friend !

I feel like the term "slow and steady wins the race" applies here. As optimistic as I am about bitcoin when it was passing $9,000 the first time I knew that people would get antsy and sell once things started getting a slower paced and some hurdles was introduced, there were just too many first time investors coming in that wanted fast money.

Just deciding to hold on brings a peace of mind that I don't even check the bitcoin price widget on my phone nowadays when I used to check every 3 hours in december. As long as you don't feel like you absolutely need what you invested in case of a sudden emergency I would just be carefree and look forward to the dips.

do you think that the downtrend will stay now more and more country's put strong regulations on the crypto valuta

Agree on your routine. As we are on a bearish trend, safe to save some for the worse to come.

Though most deny that Technical Analysis applies in Crypto, I see that some have used TA to predict the current trend of BTC. Not only did I saw how some predicted it, by learning TA, I'm convinced that its not only good for Stocks but also for Cryptocurrency with some adjustments given the high volatility of it.

I say with Technical Analysis + Fundamental Analysis, we can come close to predicting the time where the trend would go to bullish or bearish.

Just wait and see..be patient ..awesome app

Like the movement of cryptocurrencies we should move and shake our portfolio regularly and I think it will help on volatility to stand out and avoid sticking on some old investments.
Thank you for making it awesome.

I become a little stressed because i have some bitcoin and monero and to see it falling so much and quickly got me worried but i'm holding it together without selling. Hopefully soon it will go up and higher!!!

I sure hope so! I just started getting into all of this crypto stuff, and it’s been a wild ride. Looking forward to 2018 despite recent downturns though.

This article was super eye opening. It makes so much sense to hold it as fiat and then buy once it goes down again. I wish I would have done that in the first place. Especially when BTC bubbles to over 19k. I'm hoping it reaches up there again. For now I'll just hold what I have and then take your advice.

Nice to see your video in this downtrend instead of panicking too much we should hold on i am just enjoy walks as you said in previous videos also go out side and enjoy hahaha

great

Hello friend that everything will please me very much that you supported me since I see you as an inspiration to follow. Would you like to be as successful as you would help me supporting my post? in @albeiro

I'm just watching and singing a little song: "HODL, HODL, HODL!

Please consider my blog. I currently have 70,000+ followers on Youtube, Twitter, and here combined where my goal is to help improve the crypto community. I'm a crypto analyst in the community with high accuracy calls, and a focus on improving YOUR trading game in a concise and educational manner.
https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-feb-1-in-depth-fundamental-and-technical-analysis
[IMAGE: https://steemitimages.com/DQmWsocc8wutwsWvJXRmpXfD6Ma1to9XR5yyaBJrs8t1oFS/image.png]

good work

very nice

Your posts and blog is very nice. I expect your support for cooperation...

Interesting plan, one of my friends is keep telling me about patience in the crypto world.

https://steemit.com/nsc/@mirzasteemit/vote-suggestions

That was very well explained for someone who has even less knowledge than myself ,a very well explained reason why you want money back in fiat (regular currency ) so as to buy more in the dip cycle .Thanks you may have given me inspiration for a future post similar to this .

Bueno perfecto todos sabemos que esto se maneja de esta manera, todo acá es fluctuante, y debemos estar muy atentos al momento de hacer movimientos importantes, saludos y gracias por los consejos, trasmitir tu experiencia y mantenernos al día con tu información!!!!

@exyle hola! ojala puedas pasarte por mi blog y ayudarme con unos votos, te sigo y te he votado! saludos

This is it.
I am learning more about ICO.
At the end, steem is the coin to look in a different way.
This is great to see steem handling itself very well compare to the coinmarketcap.
Keep on steemin'

Let them do their job, and we'll do ours. cheers

Chinese new year till 15 Feb will cause the bitcoin to go down, after that it might go up and be stable.

I started buying back already... might have jumped the gun slightly, but rather early than late. Great call moving to fiat when you did. I was probably late not early on that end.

Your patience is my inspiration here.

Nice :). I would be really, really happy, if you guys could look up my paperpiano and tell me, what you think of this :D.
Thank you
Piano Master

I feel the same way! If you look at the past 4 years we have seen this trend in this month every year! The crypto world always comes back stronger than ever before! Patience is definitely the key because it took Bitcoin over 10 years to reach the price that it did in December! It took Amazon even longer than that to become what it is today! I have Diversified my crypto portfolio and bought coins I feel have future potential! Bytecoin is very undervalued, and also anonymous! I feel like alot of people will use bytecoin this year with it being totally anonymous, and looking to cash out without the government trying to steal your profit!

It has been ugly, that's for sure. But we're only 1 month out from the huge bull run we had after New Years.

We are in fact in a downtrend but it looks like we should start seeing some upward movement very soon based on the technicals on the charts. All of this fake news is really to be ignored.

Let's pay attention to what's really happening...

1. Samsung confirmed chips for cryptocurrency.
2. Facebook is actually "cleaning" up the crypto ad market
3. Regulations are being placed on cryptocurrencies (which actually signifies adoption)

Really good things are happening.

Steem is definitely proving to be quite resilient.

It's a great idea to keep some fiat available. If the dip goes really low you're going to want to be able to buy into it.

Amazing job man! Keep going ;)

I see great buying opportunities here. I've been watching two of my favorites come down a bit so I'm going to jump on them. I love some NEO, Monero and Dash. I think I'm going to jump on some IOTA. SC doesn't look like it's going to ever make a move. I still not going to sell it since I bought it so cheap. Same with Verge

.

Patience pays.

agree with this opinion

Can you stop self-voting. At the very least, join a minnow.

Patience is the key to everything. Right now I am not getting to upset with the trends. I just sit on my hands and wait. It will all sort itself out by the end of March. Every year there is the same trend and everyone panics. And then things settle down and get back to normal.

Great post and I agree. What I've learned from the time I've been in the Cryptocurrency market is to HODL.

checkout our new android mobile app for dtube

https://play.google.com/store/apps/details?id=com.steem.dtube

Cada vez entiendo mas sobre el tema de steemi. en estos días ha bajado su valor y obtuve unos, pero voy aesperar, para incrementar mi ingreso.

It seems to me that “money moves”. I could envision that the money being taken out of the stock market as it crashes will go into cryptos since they look like they’re “on sale” compared to January highs. I also saw a snapshot today of January of 2015, 2016, 2017, 2018 and they have a lot of similarities.

This downtrend was definitely due. Hoping it weeds out the bad coins and the good stuff (Steem) takes off soon.

Great advice @exlye - You only lose out when you sell :P

Use your story telling skills to WIN "FIVE WORD STORIES" daily challenges. I announce winners every Saturday.

Happy Steeming

[IMAGE: https://s3.us-east-2.amazonaws.com/steemit4marbeh/5WS_icon_mini.png]

Steem Conversation Stability

Steem value fails to fall as much as Bitcoin partly because it is more centered around conversations as opposed to money trading alone maybe. And Steem is smaller compared to Bitcoin and Facebook. But yeah, markets can rise and fall at times. I hope Steem continues to rise over time and that it can root in the value of a money version of Facebook in which Steem is all about.

Weak hands and FUD is never a good combination. If you don't believe in the technology of the coin that you are investing in, you should get out of crypto RIGHT AWAY. To quote a Redditor that goes by the name Sendmybar:

>When you panic sell at times like this you are offloading your crypto to people who are very aware that the market will swing back up. Institutional money was never going to jump into crypto at the ATH and make all is little guys rich in the process, that not what they do.

Just keep calm, and HODL. We're in this for the long run, not for short-term "Lambo/Moon" gains.

Come visit my blog
[IMAGE: https://steemitimages.com/DQmX7bn85G8MVSGdQcf6gL8NMTa1yZYUDQuLSBWRThHRdz2/image.png]

Yes and always patience is the key
One should try to improve himself in all ways
Staying in the same place is declining
Thank you for your initiative‏.

I'm trying to be patient and just hold my bitcoin as usual.
Though I have to admit. I'm kinda worried about
all the negativity in the media. Expecialy all the countries that are
trying to ban it.
Because at this point if you are unable to sell the bitcoins back into fiat,
I don't think it would be a viable currency. And without that value attached to it I don't think it would be doing well underground either.

Totally agree! Except I've been diversifying out of crypto and into precious metals, namely SILVER. While cryptos have shot up to all time highs, silver's price has been manipulated to artificially low prices and it's ripe for a moonshot rise itself....IMHO.

Anyway, since I'm playing with "house money", I will wait out this current downtrend to see if it's just a gully or a total collapse. Either way, I've already won.

Take a look at stacking silver. Check us out over at @steemsilvergold.

> Either way, I've already won.

How much you won?

Cant keep all eggs in one basket diversify is vital when it comes to invesyments

Indeed, Patience is a virtue:)

Thanks your info @exyle☺

waaaaaawwww

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I hope this goes well but I’m noticing the same trap that other platforms fall into.

Most ppl don’t measure talent with how much money you can throw at it.

As they fill the pool up, anyone with decent talent and no money drown

Congratulations @exyle!
Your post was mentioned in the hit parade in the following categories:

• Comments - Ranked 7 with 210 comments
• Pending payout - Ranked 5 with $ 623,08

I believe the market will be back on tract by mid March.
@yachtcharters

thank you for information
this is useful

I agree that Patience is key. and I like your high quality camera.

Goodjob

OHH, THANKS FOR WRITE ABOUT THIS, I AM NEW IN THE CRYPTOCURRENCY WORLD AND IT'S SO HELPFUL FOUND ARTICLES LIKE THIS. I FOLLOW YOU FRIEND, THANKS.

I'm trying to take this downward trend as a chance to re-evaluate my crypto investments on two aspects: (1) is it easy to see the actual, real-world use case? and (2) what problem can the currency/network/blockchain solve? If I take an honest look at some of my coins, and I don't like the answer for those 2 questions, I'm holding out hope that they go on a bull run before too long, and I sell them off to re-consolidate into the ones I'm most confident in.

Hi people
I Upvoted and Followed you. do the Same for me and we can help each other Earn !!!

Wow, you earn a lot now. Please help me get more. @tabraniyunis

Nice

Patience is really a skill that we should master. Back in the local stocks, I try to day trade but end up losing. One day, I started to be patient and invest my money in my favorite stocks. Now, it got a 100% jump from the last price I bought it.

Thank you for sharing, Is nice to see you again! 😃

Every time shenanigans like this happen, I just close my eyes, and remember 20 years ago, when first webshops appeared, all the banks were screaming that every payment made online is a scam and that they, the banks, will never accept that as a payment method. Then I open my eyes and pay something with my crypto, because online banking is getting old now. The market will get at least 3 more zeroes after the banks decide enough commoners went out of crypto! Keep calm and HODL! :D

Excelente amigo

I can't agree more. Getting emotional about crypto leads to bad decisions. Patience is everything when you are preparing for something big. Making sure that you have every base covered, that you are calm and happy and that you trust in your evaluation. I believe patience is one of the best qualities in a person. It took a lot of patience for me to start my Steemit account. I wanted to learn from the community first, from educational videos such as yours. It all helped me. I am finally in now and I hope I will inspire you as well with my posts. I'll definitely follow you.

What else are you diversifying into? Precious metals, real estate?

@exyle. Did you buy back in yet?

Why not diversify into gold and other rare metals?