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RE: Eyes On The Stock Market Because More Losses May Be Coming. Here's Why. By Gregory Mannarino
Thanks for the update Greg. I also think today's crypto market action was eyebrow moving. Take a look at this overall crypto move as illustrated by the TaiFu Index. I'm breathing a little bit easier now, but this morning I was really squirming.
Snapshot from http://taifuindexes.com/
It was, and I went off on it a bit in the video I did earlier today. Wild day overall.
Here's a quick blog about the TaiFu index, in case you're interested: https://steemit.com/crypto/@infinite-monkey/taifu-index-gives-insight-into-overall-crypto-market-action
In principle, one may not need to be overly anxious re the crypto market - if one is there for a longer term. In some years from now imho crypto and underlying technologies will hopefully be a multi-trillion market, amongst other things because of its spectacular usability, reliability and efficiencies. Perhaps more and more in contrast to the traditional money markets?
Agreed - I think it's a healthy correction
Thanks for the heads-up, I'll go check out your video now.
Don't u just wish someone could put u into a coma and wake up a year later? (and find out that your wife has gone off with your neighbour and u made a bunch in cryptos so u can afford expensive hookers)
Well, for those of us who have been in crypto since the beginning, it looks like one more day in Bitcoin land :)