Crypto Cra$h Party Live Stream
I LIVE Streamed on YouTube about the crypto crash and what I'm buying. To cut to the chase I'm buying more NEO and more Komodo tonight. If STEEM gets down to $1.80 I will buy more of that and power up. Other people on the live stream are buying EOS and Electroneum.
Good luck to everyone during this crash. I think it could get a lot worse. Like Bitcoin sub $5,000 and Litecoin sub $100. It isn't fun for everyone. Hang in there.
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I think Litecoin could surprise people
Steem and NEO are definitely some good coins to pick up! It is rough going through this time period but it is also the biggest opportunity to load up before the next run. It may be a year or two so there is plenty of time!
I sure hope it isn't a year or two...... 2015 was bad enough. Hahahha
I'm keeping my head down and moving along. Bitcoin gonna do what bitcoin wanna do.
Hahha, I like to be more proactive than that! That is why I ran to NuBits with part of my holdings and now I'm putting them back to work. It has been brutal out there though.
Just don't buy complete garbage and it should be fine. I really just hope this isn't a long one like 2014-2015.
2014-2015 repeat would be TERRIBLE..... I have a feeling we won't have that though. Too many institutional eyes on it now and more crypto addicts were born this boom !
Yea, they are watching it. However, as of right now Institutional money really can't participate because of custodial laws. Until a trading desk is set up by someone like Goldman and the that issue sorted out there won't be much involvement.
I get what you are saying but there are a lot of hedge funds getting exposure to crypto now.
Agreed but Hedge Funds are peanuts compared to institutional money.
I've been kind of purposely tuning out from crypto lately. I have a couple automated buys to DCA that have been running for years, but aside from that I'm not trading, not checking prices, etc. I happenned to go onto CoinmarketCap for the first time in weeks yesterday and was shocked to seee prices across the board.
Do you know why Ethereum is getting hit so hard? I know everything is down but Ethereum seems to have gotten hit especially hard. I'm kind of surprised by that as well as it seems Ethereum is becomming many peoples trading pair of choice
I know what you mean and I mainly utilize Ethereum to move between exchanges and for the trading pairs as well but if you think about it more people are selling right now than buying. Well think about when they move back to GDAX and want it there faster. They move Ethereum and sell that instead of trying to move BTC. Also a lot of these ICOs could start cashing out the funds they raised and there aren't as many ICOs being super successful raising a lot of money now so people aren't buying more Eth necessarily to purchase ICO tokens.
That is all a theory but Even though Ethereum has scaling issues I have had to swallow my medicine and realize that it is a main artery in the crypto space and will have to keep accumulating over time. But I'm more about catching the EOS train and becoming more powerful on here....etc.
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It huuuuuuurts!!
A vicious beating for sure!
Ofcourse it will go down but we just have to hold and everything is going to be fine
Thanks Brian!!
SteemOn
I'm looking at getting hold of a couple of new ones in this dip - namely Blocknet and Ethos.
If BTC dips to low $7000s, that's when i'll jump in.
I have a small position in Ethos but right now I'm not going to buy more ERC-20 's except EOS. I will eventually buy more Ethos most likely.