Now that everyone is going crazy and selling their bitcoins in wild panic, it makes me think of the famous quote from Baron Rothschild:
The time to buy is when there's blood in the streets
Also, it makes me think of this absolutely excellent song by Zhou Tonged.
Keep in mind, the chaos factor in Bitcoin is high at the moment, we may be looking at a period of high volatility. If you're gonna give trading a go, make sure you know your stuff! :)
Of course, treat every investment in this space as very high risk. Like any other cryptocurrency (or even some traditional currencies) it can virtually go to zero tomorrow.
*If this post goes above 1000 dollars, I will donate half the Steem Dollar reward to Zhou Tonged. Provided he joins Steemit of course!
And please check out @fabiocortes10 's excellent market analysis of the situation:
Hold those coins extra tight and rock gently back and forth while facing a wall. It's been working for me since 2012.
lol, the first pick on this article made me chortle a little.
I love a price drop. It get's all those players to show their weak hands.
Thank you very much.
China waking up right about now, going to be very interesting to see how they react.
https://steemit.com/money/@fabiocortes10/market-analysis-the-two-factors-that-put-the-price-of-bitocin-in-free-fall
Nice @spectral
Shot you an Upvote :)
Hi! This post has a Flesch-Kincaid grade level of 7.8 and reading ease of 75%. This puts the writing level on par with Tom Clancy and F. Scott Fitzgerald.