Originally Posted by BossChief:
It caused Ether to drop from 1225 to 1000 and it’s already back to 1210.
In 2 weeks, Ethereum will be the top crypto in the world, overtaking Bitcoin.
Originally Posted by BossChief:
Ether was 1100 bitcoin was 15000 when I said this a week ago.
Now Ethereum is 1250 and Bitcoin has fallen to 13000.
The gap is narrowing.
A month ago, Bitcoin was almost 20,000 and Ethereum was about 700.
People are valuing the superior technology of Ethereum and I think this week is going to close the gap even more.
It’s gonna be very interesting if cointelegraphs data holds true and bitcoin falls to 8000 levels if Ethereum goes down in value with it or if people that sell bitcoin move those funds to Ethereum or elsewhere.
Billions of dollars are going to go somewhere.
Originally Posted by BossChief:
Just because it’s a “confidence based system” doesn’t change the fact that something like what I posted would heavily impact the value of the dollar
Bump. It’s been too long.
And man, Bosschief was on fire in this thread. [Reply]
Originally Posted by -King-:
So ****ing happy I sold 90% of my holdings in February when the first round of dips was happening. Sold at around half of the all time high but still made a huge profit. Crypto is just too big of a dumbass roller coaster to me
Originally Posted by BWillie:
Imma be the one holding the bag
You're not the only one. Far too many people got into the "hodl" at all costs mentality and didn't take profits along the way no matter what. It makes sense for some things but not something as volatile and unpredictable as crypto. Even if it goes up after you sell, there will be another crash sooner or later and you can get back in. Posted via Mobile Device [Reply]
Originally Posted by BWillie:
Imma be the one holding the bag
After sitting on 1 LTC and 1 ETH for months, hoping they would go back up, I decided this morning that it's time to take my losses and walk.
All told, I only lost a couple hundred, as I was lucky enough to sell most of my ETH at a slight profit. I just held on to the one in the hopes that it would do something like what BTC did.
I learned from this experience: I think that some people can make good money buying/selling individual stocks. However, I'm definitely not one of those. I can't handle the volatility. My retirement scheme has been, and will remain, to steadily invest in my 401(k) and only log on once or twice a year to re-balance the portfolio. [Reply]
Originally Posted by Taco John:
The coins are starting to cool off. That's normal.
I dumped my TRON position last night and took big profits at $.25 from where I bought in at $.04. I'll get back into TRON once it finds a new support line. If it goes up and I miss the boat, I'm okay with that.
I put all my TRON profits into Verge for now. It's been holding firm at $.16. It didn't get the bounce it deserved from the Wraith launch because they were a day late and they had poor communication. No matter, it works. I expect it to bounce to $.50 at some point. When that happens, I'll have a decision to make.
Verge coin has a lot of enemies. It is a high risk, high reward coin. I could lose big on this play. I could win big too.
Have fun out there.
This is my favorite post from the market high. Put all his profits into Verge at $.16. It is now down to $.02.
Pay a bunch of taxes on your profits on one trade, then double down and take a 90% loss. Ouch. [Reply]
I'm a complete n00b in the world of crypto, so forgive the question if it sounds ridiculous -
Is crypto being submarined by the Central Bank in some way? At the beginning of the year, crypto took a dump and hasn't seemed to regain its luster, and all of that happened after rumblings from "normal" banking industries about how it wasn't fair that crypto isn't regulated (heavily paraphrased). Do any of you think that could be the case, even a little? [Reply]
Originally Posted by Bowser:
I'm a complete n00b in the world of crypto, so forgive the question if it sounds ridiculous -
Is crypto being submarined by the Central Bank in some way? At the beginning of the year, crypto took a dump and hasn't seemed to regain its luster, and all of that happened after rumblings from "normal" banking industries about how it wasn't fair that crypto isn't regulated (heavily paraphrased). Do any of you think that could be the case, even a little?
Oh, it certainly is. That's just down there on a list of many reasons, though. [Reply]
