The State of the Cryptocurrency Market, by Cryptogrinders

in #investing7 years ago

This is a great little video by Ryan Lye, for his group, "Cryptogrinders", on the current state of the cryptocurrency market, investing in general, with sprinkles of life advice. He uses the new Quantum (QTUM) currency as an example to illustrate how the crypto market behaves, and how to invest in it. He mentioned at one point he used to be in banking, and seems to be quite knowledgeable about investing. I love his earnest disposition, his clarity of thought, his Mickey Mouse shirt, and his general attitude.

Whats up with the market today? Sentiment is low because of China and bankers talking shit, so the market is down. Hang in there -- now is the worst time to sell. It is the time to wait.

About halfway through he begins answering questions from those who wrote in. I for one, will follow this guy and heed his advice.

He starts at 1:30.

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