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Crypto markets - Time to buy, sell or stay on the sidelines?

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@nextgen622
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Another day, and another double-digit percentage drop for Bitcoin and cryptocurrencies. When will this free-fall on the markets end? Stock markets are breaking records with its drops and cryptos are following suit. But will cryptocurrencies decouple from the stock markets soon?

All these questions are weighing on many people's minds, and although I would like to buy more crypto with the tiny amount of fiat I have left, I can't decide when. On the one hand, it looks like the markets are going to continue to drop. But on the other hand, I know that when it bounces, it could bounce hard.

Also, I can't decide which cryptos to invest in once it bounces. Interestingly, the only two cryptos that seem to be holding up in Bitcoin terms in these turbulent times are Steem and MCO.

I'm going to try wait a bit longer before I commit to buying more. But hoping that things turn around soon. Would like to hear what you are doing during these volatile markets. Are you buying, selling, or on the sidelines?


Posted via Steemleo