Crypto Market Carnage!
Today the market took a massive dip on no significant news. This seems to be the norm for crypto markets, are these signs of a bear market or is this a great time to pick up some crypto for cheap.
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yeah seriously...
It happens every 7 to 10 days or so. Seems to be related. If you watch some altcoins they will start to go up by crazy amounts as it is likely the whales who dump to make the market panic are pumping those other coins. They slowly buy the other coins during the dump of BTC/ETH/LTC and other major ones.
I guess it is time for Bytecoin to jump up from 50 satoshis to 180 again! :) That is a fun one to do.
entire market up yesterday, now down today. Most coins in the top 100 is tethered together. It lets you know a large portion of funds in crypto is for investment purposes only vs actually using the currencies for their intended purposes,,
many of these coins have very different purposes, look at steem compared to ripple compared to siacoin. All of these coins have very different real world applications but we see a correlation when it comes to price increase vs decrease
Omg, those currencies...
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im holding, and considering buying more if the price keeps falling
yeah same here :D
Don't with bitcoin
It's going to hit $2100 before the fork.
Good advice, but I already transferred my BTC into ALT's. Now with the fall in prices, I am slowly buying BTC again because I need some to increase my ALT holdings. I tried to time the "bottom" before the reversal last time, and missed it, so this time I am making smaller buys on the way down, hoping the average will return a decent price.
BTC looks to be bounce finally - hopefully we can get back above $2400 and hold today.
Here's a quick heads-up posting. Cryptos now in a roller coaster.
We all like roller coasters. If we own cryptos: what's next?
This is FUN! Life is FUN! Steemit is FUN!
I think it'll keep falling until after the Bitcoin saga. Then buy buy buy!
I'm just holding onto my cryptos.
I decided to stop worrying and keep my long-term mindset for now.
Stay strong!
Hold tight Sir :)
Present is theirs, future is ours. Just HODL!
Just hedge in the short term
Many Cryptos won't make it. Blockchain will change the world but many cryptos will be the MySpace not Facebook of this.
Follow this simple step.
Exactly lol
Yes it is pretty bad today, but listen through the whole year most of us are up high and we gotta be humble with our gains too we're doing good, right now it's another time to buy I think.
it because of the bitcoin thingy going on at this moment, I read about this yesterday there is a lot of uncertainty about what is going to happen and HOW this is going to happen. I would just say don´t look at your crypto till September.
Than the market is probably calm and running again
Ballz Deep!
Good luck with that. The downturn is going to correct another 15%
Buy when there's blood on the streets. Right?:) I will say buy when there is