Prepare for a slow month in crypto
Hello crypto community!
It has been a very slow past couple of weeks for the major tokens and most altcoins as everything has been in the red. I expect to continue its slow pace throughout July, but as always I think holding for long term is always the best option. DO NOT PANIC SELL! Buy what you can AFFORD on the dips and ride the wave.
Many of you may have saw the GDAX flash crash and perhaps were impacted by it. Trading cryptocurrency is very new and is technically regulated by the "free market" so it is possible for some one to sell their ETH at $.10 and create a flash crash. My suggestion is do not margin trade cryptocurrency and always back up your coins on a hardware wallet.
I heard there was a refund from GDAX? Anyone get there coins back?
the closer the soft fork is coming the more turbulent the things will become.