Crypto's are rising right now!
At this very moment we can all see most crypto's rise again. Great times! Green numbers are great! Upward moving lines in charts are great! It's so beautiful! Brings us so much joy! My precious! What could possibly be better than this?
But my fellow steemians... this won't last very long I'm afraid. We're still in July and the real decline will not be put in effect right up until August 1st.
I hope people will HODL... but I reckon more people will sell right before August 1st. Let's see what will happen.
I haven't sold a single coin yet though! Did you sell or are you holding? What did you sell and why? Curious to know.
Like this post? Feel free to upvote, comment and resteem. And, as always... keep up the good work and may the Steem be with you!
Why every one is scared of first of August ?
For me it is looks like Y2K bug !
Do I miss some thing ?
=]
Possible fork scares people. Mass public doesn't understand how to secure your own crypto's. Plus many people sold some to have some cash to spend on vacation...
@insteadofmoney Exactly my description of the situation. Millennium Bug Part II !!!
The ONLY thing I will advise however is moving your precious BTC off the Exchanges and into a Paper Wallet or Cold Storage as you don't want the Exchanges making the decisions for you.
Paper wallet is the best if you can print it on something which can't burn !
=]
Good idea !
=]
Exactly. Be sure to hold your own keys. Don't trust Exchanges.
Very Good Idea !
I am having some deposit problems with poloniex at the moment.
....and that sound you can hear is everyone in crypto breathing out again ;)
lol yes... we can breathe again! (for a little while at least)
@valderrama I'm holding mine. I did transfer some to Ethereum as I think that will go up around the transition time as people take their money away from Bitcoin.
I still have Bitcoin I purchased at £2100 (GBP) and £1700 (GBP). It will go up, but we need to give it a little time until we get past August 1st.
As advised to @insteadofmoney I will be moving my Bitcoin to a Paper Wallet so I can control it's future rather than somebody doing it for me !!
Upvoted & Resteemed
Nice post.. Although I may add there is only 1 thing that would be rising in the Foursome and that wouldn't be my Crypto ;-)
I have a good feeling about everything moving upwards for a longer period of time after we're done with all this August 1st possible fork stuff. My crypto's are on a Ledger Nano S and the ones that Ledger doesn't support are in wallets I control. I'm not a fan of paper wallets as I haven't really writing these past 10 years or so... everything as digital as possible, but for sure... it is the safest, as long as you keep that paper safe.
And the foursome... yeah... I had a bit of troubling dealing with it. There was actually a fifth girl who took the photo from us ;)
When I refer to "Paper Wallet" I also have a screenie stored on USB.
Being an I.T. Technician I actually find paper safer oddly enough !
I would be more concerned of a USB device corrupting than I would my Paper getting lost / destroyed.
My simple rule is NEVER sell whatever you buy for less than you paid.
It may take a little longer but you won't lose out.
Excellent, paper accompanied with the screenshots.
Well, as I said... Ledger Nano S for me, wallets for other crypto's on my mac. All seeds, keys, passphrases etc. stored in 1Password. Could be safer... but I have to draw the line somewhere...
And yes, I won't sell any crypto's if that means I lose on my initial investment. Dory keeps swimming... I keep waiting.
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I will not be able to invest before August 1st but if I could I would buy bitcoins. I think Litecoin is also a good invest.
@valderrama got you a $0.94 @minnowbooster upgoat, nice! (Image: pixabay.com)
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