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RE: Time to be buying?

in #trading7 years ago

I still feel this pullback is made worse because there are so many new hands in crypto. These people are not accustomed to a 60% haircut on an asset. If that happens in the stock market, it is because a company is pushing bankruptcy or someone is being indicted.

This only made the situation worse than it was. BTC, especially, was due for a shave. It ran up too quick. At this point, I am going to buy some of the trust that has some BTC in my 401K....Ill be looking at that about midday tomorrow.

We might be getting near the bottom of BTC.

As for STEEM and BTS...it is only a matter of them getting recognition. I feel more secure about STEEM because I am on here each day seeing the growth taking place. I really need to delve into BTS more...not that I am worried about @stan leaving...which someone posted on the article I put up about it that he isnt leaving, only not being so public.

First comment if you are interested:

https://steemit.com/bitshares/@taskmaster4450/mob-mentality-on-display-and-bitshares-loses-a-good-man-good-job-people

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