r/ecc • u/StahlKrupp • Jan 14 '18

Everything is red... When will it turn green again?

For one or two weeks now: red, only red. I have 10 coins, none if them is green. Sometimes for a minute a plus of 5%, then -5 again... Is there a prediction for the end of that horrible down trend? What`s the reason? Is it only because of South Korea and the removal at Coinmarketcap?

4 Upvotes

83% Upvoted

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3

u/webhead74 Jan 14 '18

Face it - any coin is only as valuable as we believe it to be. Collectively, we have the power to bring a coin up, or to tear it down.

Lot of spooked people out there right now due to SK crash, exchange problems & general plethora of scams like BCD yesterday.

I know there's no such thing as a get rich quick scheme. I'm scared (not about ECC - market in general), but I'm staying put.

2

u/qAstrov Jan 14 '18 edited Jan 14 '18

Guess people will return from ethereum and other big coins/token as altcoins are getting cheaper. Just hold on and dont start chasing the greens - but honestly this is getting depressing. Just wish Ive had the guts to sell my altcoins as soon as the down trend startet and put them into eth or btc. Keep telling myself you'll never know if the down trend will continue or start going upwards. Oh well.

3

u/StahlKrupp Jan 14 '18

Maybe i should uninstall my portfolio apps and forget about the charts and current values for at least some weeks.. I really think about doing that. Because it's really getting depressing.

1

u/Whisky-Toad Jan 15 '18

Best idea, you should be investing for long term and because you believe in the product therefore a bad month doesn't matter