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RE: Crypto Massacre! Losses Everywhere... Coins are Red Again!

in #cryptocurrency7 years ago

After seeing how incredibly shaky ether can be i gotta say, i feel that the only surefire long term bet is bitcoin. Even WITH the impending..........something that's going to happen 8/1. Whether it's a hard fork or a soft fork, idk.
I'm just so surprised the number 2 coin could be crashed so easily and the second time was a hoax about the inventors death????
That makes ether look weak. Which causes less confidence. I am new to this, about $9,000 total invested in the last 4 weeks. I didn't "panic sell" like i saw a lot of other noobs doing. There are situations when you do cut your losses but this wasn't a time for that. As far as btc and eth are concerned. Give em time. I hope ether comes way up again past 350 but it is seeming to be less and less likely. Who knows! Not me haha

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Eth didn't crash Only because of the Hoax, crashed because of 2 more things..

  1. Status ICO - network congested, wallet went to maintenance, people could not transfer it - so People opted to sell Eth and transfer in form of other coins

  2. ICO's Dumping - ICO's are slowly unloading the massive Eth they got. People are throwing Eth at ICO's and ICO's are Eating all they can. Sooner or later they have to Unload.

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54295.07
ETH 2287.14
USDT 1.00
SBD 2.31