Among Beggars & Thieves

in #cryptocurrency6 years ago (edited)

Just taking it easy today, some minor website back-end upgrades and crypto market chart analysis.

Initially, Thursday, i had thought it was more of a black swan event, upon review ... which took, most of that night, rendering me a burnt out wreck on Friday, i correlated that we actually saw similar movements last year.

And as much as i am sure it stings, i cant help but think its an excellent market climate to re-enforce all existing positions one may have in a portfolio, and i must be honest, looking at these prices right now, if the crypto market continues to decline over the next 5 days, i actually would be interested in taking out some small positions in some of the top 100 performing projects.

But shall have to see what transpires over the next few days.

It is certainly worth watching though, declines and market crashes such as we have experienced over the past few days, make previously un-profitable investments for retail investors, suddenly profitable again, because an artificial profit margin is created, caused by the market suppression.

As horrible as it looks right now, when i look at the entire market, my eyes dazzle, i see nothing but opportunity.

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