Apparently the Chinese new year causes it but idk how true that is.
Apparently the Chinese new year causes it but idk how true that is.
This has been a weird month. At one point I almost doubled my money, now I'm only up 25%.
I re-invested my profits into other coinsLet me give you some spec'ing advice. Anytime you get to the point where you are up 50% or greater, nice time to at minimum pull out your initial investment and let the profit ride. May not make as much but you walk away with a solid position.
Looks like we are well on the way to another 75%+ correction. I think they really need some time and to settle down and find some more use in the real world. Might be down for some time IMO.
Be careful you don't fall into this pattern of thought.
https://optionalpha.com/wp-content/uploads/2011/04/Investor-Cycle.png
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IS IT STILL DROPPING? I’M TOO SCARED TO LOOK.
Looks like we are getting close to denial now, perhaps starting to see some fear.
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And it went from $8500 when you posted that back to over $9000 at the time of my post
Yep, someone should have not so fasted my not so fast post. lolWell, that posted aged well.
I've never played with more than $100 at a time, but I've made at least that on the last several dips. All Ethereum.I'm hoarding Ethereum still and buying on the dip.
I thought buying LTC at $160 was a steal, now its at $130. I’d hold out on ethereum it could drop to $700-800I'm hoarding Ethereum still and buying on the dip.
Bitcoin went from 170 billion(dec 1st) to 330 billion(dec 17) in 17 days.... Of course there is going to be a dip
Banks are beginning to fight back. Suddenly decided that the fees aren't worth helping their competitors.
https://www.zerohedge.com/news/2018-02-02/bank-america-jp-morgan-bar-crypto-purchases-credit-card
Coinbase, sent out notices to clients, informing them that purchasing cryptocurrencies on credit would now be prohibitively expensive, if not impossible, as banks have started to process payments for bitcoin et al as "cash advances", which tend to come with extremely high interest rates:
How's bitcoin this morning? Any good and informative youtube videos to watch today?