Sale time again on the cryptocurrency market!
Almost every crypto in the red!
Now, while others panic sell, it is almost time for me to buy low again.
Might come in handy when EOS ITO starts.
That is on monday the 26th of june 2017, here in Nederland at 15:00 CEST {Central European Summer Time}. One thing I still find a bit difficult is that I need to buy Ethereum first to get me some of those #EOS Innitial Token Offerings {ITO}. But at some time I can swap them for real EOS Tokens on the EOS #blockchain. And that is going to be one that is going to shake up the cryptos realm. Parallel processing Smart Contracts writtin in #WASM, the new webstandard supported by many big names. From Microsoft to Mozilla. It will make webapps go at high speed and more. And EOS will be the blockchain Operating System doing millions of transactions per second, using WASM for the Smart Contracts.
Now seems an ideal moment because the market again has another drop moment, or dump, whatever you prefer to call it. There is leverage going on, some could drop a 30% before the pumping will start again. Some traders are very good at it, or maybe I should state Cryptos Automated Trading Software? Anyway, it can give between 20 and 60% every time this dump and pump leverage is triggered. Hard to argue with the panic that is seems to cause. Yet many stay calm and hold on to their cryptos during a leverage round. The #cryptocurrency/ bitmoney market has shown a lot of those recently, it seems there is a ceiling at about 116 billion US Dollar total capacity. There has been a lot of negative attention from the mainstream media and traditional financial realm lately, which tells me that the cryptos really have stired up things quite a bit.
Hard to predict where the cryptocurrency #market will go from here, it really seems stuck at a ceiling of 116 billion...
Have a great one!
How to get passed the 116 billion USD ceiling?
image cc-by-sa @oaldamster
NOTE: Only invest what you are willing and able to lose. And your speculation might be a good or as bad as mine.
The president of the German central bank is already blaming the upcomming financial crash on the crypto's (isn't that a strange thing? LOL)
Or do the failling banks have something to do with it?
(2nd biggest bank of Spain went under 2 weeks ago which they sold for the symbolic price of € 1,- to Spains biggest bank and this weekend 2 small Italian banks stopped breathing as well)
Lucky for us, we have diversified some of our fiat for crypto's!
It is crazy to blame cryptos for their own sick banking system... And I wonder how long people will buy that kind of bullshait. How about the Bank crises of 2008, and all before that? Bitcoin was not even invented back then... Hahaha.
Cryptos are the safe haven. ;-)
Yes, cryptos are the safe haven! Thank god!
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I just picked up some more Stratis, Litecoin and Ubiq on the dip, thanks for the heads up. I will check out the ITO you have suggested.
For me EOS is the next big thing. It has really powerfull blockchain technology behind it, that will proof itself soon. Exciting crypto times ahead!
Ah, I already bought a bunch of stuff earlier, but yeah, still a great time to buy!
It is expected that the market will go up again after every dip. So it seems there still can be made some profit in a couple of days.
I've learned to buy when the trend is red. Typically jumps back up in an hour or 2. Easy profits XD.
The key is to find the right time when to buy at the lowest point and stay calm for a while after that. With Digibyte I did make a bad one once, that happens too. ;-)
The other key is knowing with Alt-coin is going to jump lol. That's my issue lately :p
That is quite an important one yes, hunch and gut feeling... ;-)
Time to buy ? Let's buy man
Yes, but can not get on the site... :-(
Any other source ...?
Nope. Have to try and try...
thanks for sharing :))
You are welcome!
thank you:))
I think sooner of later I will use that for a part of my portofolio.
Never have tried it myself. Did set threshold buy and sell offers at exchanges, but cryptos trading software is supposed to be far more sophisticated. Never have used them myself. Maybe I should give it a go too.
I will definitely buy a couple of coins I was watching the last couple of weeks that are dropping now. Always the best opportunity to buy when others are selling in panic :)
The panic sell of many is the profit gain of some others. =D
Oke thanks for the EOS heads up! Getting into it. Looks like a good investment!
You're welcome! It is a project of the programmer of Bitshares and Steem, the next level in blockchan tech. This is going to shake up things in the crypto realm, so I guess it might be indeed a good investment.
Is this the best buy time?
Many will try to buy at the lowest possible point in a downtrend. Or like famous Steem member Heidi Travels once stated: red means they are on sale.
It is always a speculation and that has a high risk attached.