SEC is giving us a new buy opportunity

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Hi,

even if the past weeks have been quite on the market, we had yesterday, a day full of events.

SEC, in the USA, accused Binance of breaching 13 security points. Will not go into details, but this is again a blow to the crypto world. Not a deathblow for sure, but a temporary blow, I would say. As the USA is the biggest crypto market, it will affect the prices.

I would expect a 30% value reduction to USD in the next week on the whole marketcap. Is it big? Definitely it is.

What to do?

I would not panic sale, but watch closely the market and buy some more, as this backfire is an opportunity. I've turned yesterday my BUSD from the pools into BTC and will patiently wait to buy some more top tier coins as $BTC, $ETH and why not the local one on this chain.

It is an opportunity for the long term. This is how I see it. I might be wrong, as I'm not a financial advisor and these are only my ideas and my point of view, from a normal person, without an education in finance.

I see it as a good opportunity to leverage against inflation. To put money in, which is not needed for daily survivor and let it there, grow for a longer period of time. Most good things in life take time. Patience is a virtue in terms of holding investments.

How do you see it? Are you scared about the new, or see it as a big opportunity?

Posted Using LeoFinance Alpha



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5 comments
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The market needs to "wise up" if we are ever to get ahead of this "attack"... continually playing into their hands continues to hand them complete control...

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Yes, you're right - I'm waiting for Hive for $0.16

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The SEC is going all in on a lot of this stuff. I see the gave a list the other day of 10 tokens they consider securities. It wasn't a good sign for my portfolio. My hope is this is one final push from them before they finally are forced to give up.

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Life-changing opportunities that many who are blindly driven by fear will for sure miss...

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