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1. | parent_author | "" |
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parent_permlink | cryptocurrency |
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author | drakos |
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permlink | the-market-fluctuation-and-the-law-of-conservation-of-money |
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title | "The Market Fluctuation and the Law of Conservation of Money" |
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body | "Monday bloody Monday. Almost all the cryptocurrencies are in the red today, down by around 10-20%. Although greed brings joy when the market goes up, people daydream about their lambos when they see green across the board. But when (anticipated) days like that happen, doom shrouds the green sky and casts a gloomy shadow on those rich ambitions. However, for me it's just another sale day to enforce my positions; the good old adage of **buy low, sell high** never loses its meaning.
I also like to keep smiling because in my mind I always find comfort in the first law of thermodynamics, also known as the **Law of Conservation of Energy**. The same applies to money. When someone is panic **selling**, someone else is happily **buying**. Therefore, the money remains in the pot, it's just jumping around from one currency to another, including crypto or fiat currencies.
<center>https://cdn.pixabay.com/photo/2013/07/12/19/18/balance-154516_640.png</center>
So what is the recipe for great profits? It's really simple: diversify your portfolio, hold the cryptos that you have **studied, researched and believe in**, keep stacking and HODL.
[![](https://cdn.shopify.com/s/files/1/0060/6102/products/book_buy_sell_sell_new_1024x1024@2x.jpg)](https://cdn.shopify.com/s/files/1/0060/6102/products/book_buy_sell_sell_new_1024x1024@2x.jpg)
<sub>(click the image for its source)</sub>
***
###### DISCLAIMER: I'm not a financial nor a professional adviser. I formulate my opinions based on my research and interpretation of market news and chart analysis. If you're not a professional investor, please educate yourself before doing any market trading and don't risk more than you can afford to lose.
***
<center>[![Follow](https://steemitimages.com/DQmZkyG7SyJiSNN6qkxJ9n9darqn51RjWpDnJCKYKEhx3D4/BlueArt.gif)](https://steemit.com/@drakos)
***
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</center>" |
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json_metadata | {"tags":["cryptocurrency","blockchain","market","trading","money"],"image":["https://cdn.pixabay.com/photo/2013/07/12/19/18/balance-154516_640.png","https://cdn.shopify.com/s/files/1/0060/6102/products/book_buy_sell_sell_new_1024x1024@2x.jpg","https://steemitimages.com/DQmZkyG7SyJiSNN6qkxJ9n9darqn51RjWpDnJCKYKEhx3D4/BlueArt.gif","https://steemitimages.com/DQmfRx7jNSrFAnRZPrKRHLDxR22gRFYTBnKr2uLNdVty3MG/drakos-witness-thanks.gif","https://steemitimages.com/DQmYq3yGqzvbK4JQFudeXoDp6PEtdny8vSvX5swqW5sA2fE/chevron-up.png"],"links":["https://cdn.shopify.com/s/files/1/0060/6102/products/book_buy_sell_sell_new_1024x1024@2x.jpg","https://steemit.com/@drakos","https://steemit.com/~witnesses","https://steemit.com/witness-category/@drakos/tips-and-guidelines-voting-for-witnesses","https://v2.steemconnect.com/sign/account-witness-vote?witness=drakos&approve=1"],"app":"steemit/0.1","format":"markdown"} |
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1. | 0. | vote |
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1. | voter | drakos |
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author | drakos |
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permlink | the-market-fluctuation-and-the-law-of-conservation-of-money |
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weight | 10,000 |
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