@Porwest
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Yikes! Kind of feels like a financial disaster today with the DOW down over 900 points and the crypto markets taking a massive dive this morning. A bargain hunting I will go. https://soundcloud.com/porwest/jim-bauer-dont-panic-coldplay-cover
15 comments
Will this trend continues till end of the year? What could be causing it.
Who knows, is my best guess. lol. The crypto markets, despite what anyone says, are not all that predictable and I think are extremely difficult to valuate. If I just think long term, any time in between is a good time to buy I think, especially when the big dips occur.
It's gaining popularity and that's also my wild guess lol. Instead of buying lotto tickets with zero chance of winning I'd rather put that extra fiat in cryptocurrency. 😌
What I'm reading is it's because of this New Covid variant airlines are down oil is down which is good. it’s like being on a roller coaster we go up we go down we go up we go down.
This is definitely some of the stuff affecting the stock market. Not sure what crypto's problem is. lol. There is also something that typically occurs at this time of the year as well, and that's portfolio adjustments, and selling off a stocks at a loss on the books to offset profits and gains for tax purposes and other reasons. So, combined, it just makes for a sea of red.
I am also very upset after sudden crash of BTC the whole market is down I lost all my assets. Your music gave me a little comfort thank you sir 😥
I was just drained out totally today 😞.
Yeah. I think it was just best to buy a little bit and turn away for a little while.
It really struck me off my feet to wake to a 54k worth of BTC. It's frustrating, I'm kinda happy and sad at the same time porwest.
I look at it this way. If something 12 years old is now "worthless" it was worthless from the word go. If anyone believes any of this crypto stuff has any legs, they'd be falling over themselves buying as much of it as they can get their hands on at these prices.
Are you still gonna buy again?
You betcha. Absolutely.
Darn it, I admit you kinda motivate me to buying also cause I hate those reds, they ugly as hell.
Besides, I was happy it dropped and also unhappy because. I analysed the market and I saw a sell on btcusd which I took and it melted swiftly and I got nice profits but going back to my portfolio where I had the coin stored it was all a deep red Sea 😅😔
I was just happy yesterday to see a hike in BCH 🤣 hope it will rise again