So you wake up in the morning and all your coins are dropping. You go on Veeky Forums and half the posts are pink wojaks or people posting their fucked blockfolios asking "am I fucked".
Well, there's been a few things happening lately:
> less incoming money, because exchanges have closed up registrations > Korean FUD about banning alts (*sip*) > CMC price-adjusting alts by removing Korean exchanges from their average prices > people realising that they have to pay tax
Ride this shit out.
> exchanges will re-open registration soon enough, they're losing out on business > real Koreans were quick to snuff out the FUD spread by MSM when they translated their moonspeak news and corrected MSM > once the price graphs and base numbers have been running a couple weeks, even without Korea we'll be seeing green again on CMC > it sucks to have to pay tax but people will either suck it up and do it or find a way to avoid it
So my point is, friends, hodl your good coins. Seeing the ones that gain through these times might be a way for you to figure out what's worth keeping.
A diamond in the rough thread for today’s biz. Well said, OP.
Christian Murphy
It sucked to see my delta portfolio drop by 10k over the last week, but I'd only sell low if I was trying to day trade shitcoins. I believe in my holdings.
Daniel Long
Plus if everything is going down generally, that means it's just a market correction and not an indication that I fucked up massively.
Liam Campbell
OP knows.
Good times ahead. I'd actually say especially for the coins that are tanking right now despite having good fundamentals.
