Cryptocurrency Market Crash | Bought Some Cheap Siacoin On Poloniex
Cryptocurrency market crash : I bought some cheap siacoin on poloniex! The cryptocurrency prices yesterday were plummeting as we could clearly see on coinmarketcap. Ethereum and zcash was down almost 20%! My rather small portfolio I built in the last weeks is getting a beating. But as I'm allways positive, I'm seeing a great opportunity here to buy in some interesting coins which will surely recover and beyond. The problem is I only have 0.076 bitcoins to spend at the moment, which are earnings from my bitcoin mining contracts from the last days.
At this moment the market is slowly recovering. No need to panic, this is normal. When the market crashes many people sell their coins, even for a loss, I would never do that. When I buy a coin, I have faith in it and I keep them. I will only sell them for a good profit when the time is right. I'm not a day trader, I'm in it for the long run! In my opinion siacoin has a lot of potential. Time will tell! In the meantime I will keep on buying coins.
What is poloniex? A US-based cryptocurrency exchange offering maximum security and advanced trading features. In this short poloniex tutorial you will see how to buy cryptocurrency on poloniex, how to trade and simply how to start and make your first buy order. Bought cryptocurrencies can be stored on the poloniex account.
Is poloniex safe? They offer maximum security, but I advise you to store your coins offline on a hardware wallet, then they are protected from hackers and they can’t steal your coins. That is the safest way for your coins to be safe. I prefer the Ledger Nano S which supports bitcoin as well as other cryptocurrencies : http://bit.ly/BuyLedgerNanoS
Besides mining with cryptocurrency mining contracts (check out my other videos) I am eager to learn more about the cryptocurrency world and I want to expand my horizon. I'm just an average guy who is very passionate about cryptocurrencies, looking for his redemption after missing the first stages of the bitcoin train years ago. Even though I knew bitcoin since the beginning, I did not make an effort to examine it or even buy some for a few bucks, it would have made me a millionaire. Needless to say, many years after the birth of bitcoin my cryptocurrency adventure is just beginning. I am far from an expert, but I’m hoping to be one some day.
I made the decision to spend some of my monthly mining contract earnings in buying cryptocurrencies. I’m really curious if I will be able to double my investment and maybe more. I will share my experiences with you. If I can do it, you can do it, and chances are you can do it better. Press the like-button if you want to encourage me on my mining adventures! Do you have some good advice to share? Comment below. Subscribe for more!
Send me some bitcoins on poloniex so I can buy some other interesting coins and I will share my top pics with you! Poloniex adress:1NQbQYptWAZQfYaoBgdTj7qeu9LM93kN7u
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Thank you for seeing my blogs sadkitten we all we got as Steemians thanks for bringing followers your the best sadkitten I love it did you know that the Blockchain will be the global currancy HODLER'S and that is the best thing about the Blockchain. Altcoins are the future and a good investment in the present investers should take advantage of this to gain a large profit margin on investment just opinion not fincial advice thanks sadkitten keep it steeming