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- Justin Sun posted a little persuasion on twitter handle amidst the bearish run the crypto market is riding now.
- Justin Sun advised his fellow followers to invest with dollars (money) that they can afford to lose for one year.
- The reviews most of them were not supporting the thought of Justin Sun.
The CEO of Tron, Justin Sun posted a little persuasion on twitter handle amidst the bearish run the crypto market is riding now, he told to his followers on his twitter handle that now is the great time to buy cryptocurrencies and Bitcoins although he said that he is not that a good financial advisor.
I’m no financial advisor but I do believe now is a great time to buy crypto & #Bitcoin. Since we can’t predict systematic failures & crowd panic, don’t buy w/ $ you need now, only $ you can afford to invest for 1 yr. We’ll get out of this bear & into the bull eventually!
— H.E. Justin Sun 孙宇晨 (@justinsuntron) March 13, 2020
He also cautioned although the Bitcoin and other coins are unstable given to the market condition according to the sun, it would be impossible to predict systematic failures and crowd panic.
He advised his fellow followers to invest with dollars (money) that they can afford to lose for one year, and if they don’t have enough to stake against the cryptocurrency, then not to invest with their saved money.
He optimistically ended his post, stating that the Bear run happening now is only temporary, and soon, the market will turn around and pump bulls.
However the replies weren’t based on the post exactly with many of the followers replied in an unenthusiastic manner, but most of the replies pointed out to Steem takeover which the Tron foundation took over the ownership recently, many of the followers are still against the new takeover and are blaming Justin over the negative trend.
The reviews most of them were not supporting the thought of Justin Sun. Most of the markets have hit the negative trend currently while there are multiple factors to blame, and the main reason of the COVID-19 Pandemic, this virus struck doom has caused the most damage to the financial sectors halting most of the trade and commerce, stock markets crashing, commodities losing value.
However, Crypto being decentralized and independent the Pandemic is blamed indirectly on the current bear trend. It can be hoped that as soon as the Pandemic comes to a halt, the markets can regain their original value.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
