Crypto Crash 15.06.17 - My take on it
Well what a 24hrs!
The expected market pullback and re position happened today. Everyone has been saying it would happen sooner than later, and they were right. Almost all coins were down including BTC and ETH. By mid evening in the UK prices had rallied slightly but things looked bad, very bad.
But it's not all doom and gloom.
When prices drop, it's a great time to buy!
I thought of selling other coins i hold to buy BTC but as they had all gone down also i saw no benefit.
So no choice but to invest fresh money. From what i hear the general consensus is that things will re balance and that the major coins will slowly reach new highs.
At times like this the opportunity to invest is great as investors panic sell. Good trading!
I'm buying ETH again tonight. My thinking is the market has now hit bottom. I could be wrong, but it's only money. At the end of the day you always take a chance but remember the golden rule.............buy low .....sell high!
Heads up to positive News like this! This App helped me avoid some lost today, recommend this - CryptoPing
hmmmmm , im hoping it raises , we shall see
Hodl or buy more - thats the spirit!
Bought some more ETH, I expect it to raise before august BTC fork.
And now i hodl :)