A bit currency
Last year I did invest a bit in Bitcoins and Ethereum. I can not say it did bring me any luck or profits. It is the same with Steemit. As I was finally accepted, after over 3 weeks waiting, the Steem was over it's top and the value only decreases.
A Steemian wrote the best time to buy crypto currencies is at May, June, November and December 1st.
An other Steemian wrote about Bitvavo. I decided to find out what Bitvavo is and found out it is an easy way to buy and sell different types of crypto currencies. Way easier as via anycoindirect.eu which I used before. I decided to wait for the right moment and to buy some other crypto currencies.
Via anycoin you can buy and sell, but last year they had huge problems as the bitcoin was doing great.
It was very difficult to buy and sell. They even were out of business/unreachable for some days! They had to train people first. (I doubt they still need them by now.)
It is kind of fascinating to watch how the crypto currencies are doing via Bitvavo.
Fact is I can not discover any line in it.
Of course since I decided to buy, again the currencies only decreases more and more and more.
It looks like the only ones who do make a profit, are those who earn the fees.
Proved by now is that buying at May 1st was not a good advise. I doubt the other dates are.
I think the mentioned dates has way more to do with spending your money for the holidays.
What options are left over if you lose?
I assume you only did invest your own money and money you are able to miss, so you did not take a loan! The chance to get rich over night is very, very small.
So did you invest a bit and did you lose money just like me? Just wait and see what the (near) future brings. It is not very likely the Bitcoin (or other coins) will be worth as much as December 2017. It was once and never again.
Like to know more about me? Please read my other posts:
Photocollagecontest #8: Colourful life
https://steemit.com/photography/@wakeupkitty/photocollagecontest-8-colourful-life
The sour cherry is healthy
https://steemit.com/photography/@wakeupkitty/the-sour-cherry-is-healthy-2018-05-16-16-13-17
Puff pastry with banana
https://steemit.com/photography/@wakeupkitty/puff-pastry-with-banana-2018-05-16-15-38-51
The poppy field is gone!
https://steemit.com/photography/@wakeupkitty/the-poppy-field-is-gone-2018-05-16-15-17-48
Ever saw a rainbow pedestrian crossing?
https://steemit.com/life/@wakeupkitty/ever-saw-a-rainbow-pedestrian-crossing-2018-05-15-21-39-48
Are followers of any use?
https://steemit.com/steemit/@wakeupkitty/are-followers-of-any-use
Just been thinking
https://steemit.com/life/@wakeupkitty/just-been-thinking
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