And Cryptos?

Did EOS already die on arrival?

The critics were right...

Just a few of those lines that flood any social and mainstream media channel every time there is a massive dump on the Cryptos market. And it seems like some animals living in the wild are causing it, because they do have short red sticks they drop, or something like that. While others wait for a male cow to start running towards the grass lands and start eatin' again. While some USD pegged Crypto seems to be constantly abused for pump 'n' dump leverage trading. Yeah, but what else is new, this is actually making people run scared, stating RIP to the one and only Bitcoin, BTC, and all other Cryptos...!?

Bollocks, I say! This is the same moaning and whining every time the Cryptos market takes a steep nose dive. It is all part of the money game, of which I am already down 75% since the last All Time High {ATH}. While still being in gain. Bought EOS at about $0.85, so I'm still fine. Yet with risky investments might come huge returns, but also the risk of extreme losses. And as my family and I do count on a part of the gains coming from Cryptos I do rather see them green candles. Selling low aint fun.

It will pick up again.

Because leverage trading for profit works at 0.003 just as it does at 3'000, the up and down trend will be a part of the ongoing Crypto market. Bitcoin, BTC, might drop to 4K, but it could be bought up again at 6'400 USD already. And then Steem, Bitshares, Dogecoin, Litecoin and EOS will pick up again too.

Just like many will be dropping out off the market, as they did not serve any other use than speculation, or were some form of 'get-rich-quick' projects. It is all part of the cleansing going on, the Cryptos market purging itself. This is not an overnight proces, it can still take quite a while though before a clear image emerges from the current chaos. And I trust Steem to be one of the strong ones to come out on top after.

EOS next gen blockchain.

Watching the result of the most recent EOS hackathon I do forsee that it will give Ethereum a run for its money. After friday the 15th of june 2018 things will become more apparant when one project after another will go live on the EOS blockchain. For all those who thought EOS was being way too abstract and want real hard proof that it delivers the promise, the time for waiting is over. Get ready for a mind blowing ride!

May the Cryptos be with us!

Is it more like a fractal kind of thing?

Image made with the Jwildfire mini app.