Black Friday - Altcoins Off!

mynewsteemit (55) · 7 years ago

I've allocated a small amount of money and I buy in every week. I try to pick a down day.

$4.54

8 votes

byteguru (39) · 7 years ago

same deal with me.... little at a time..

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swnl (45) · 7 years ago

keep stacking :)

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shifty0g (43) · 7 years ago

hold and dont let go until the moon

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danie93 (35) · 7 years ago

Buying in the red days is a great strategy. I use it to buy my favorite coins for the long term hold. I hope we will be rich in the next few years :)

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czechglobalhosts (79) · 7 years ago

Buy those dips! That is the strategy that will work long term since the crypto is only starting and the upside potential is huge..... Those pullbacks are great to add to your long term portfolios.... It would be great to sell the tops and buy the bottoms but it is easy said and harder done.... If you sell too early you will miss the coming profits and might not even able to get back in since price might not dip as low as you sell price..... There are a lot of coins with great potential! Can we go lower from here? Absolutely! Are we going to? Who knows! I wish we did:)...more buing opportunities.... Thanks for sharing, great post!

$2.72

techwizardry (65) · 7 years ago (edited)

The altcoin markets are not so liquid.

This altcoin bear market has nothing to do with fundamentals, and is entirely the result of instability and fear surrounding the bitcoin scaling debate.

$1.00

yemmy4eva (46) · 7 years ago

Real Black Friday deals going on lol

Buy all you can..

$0.94

5 votes

mexbit (60) · 7 years ago (edited)

I would prefer they would only buy Steem! ;)

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correctdrop (8) · 7 years ago

True!

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paco (63) · 7 years ago

The red sea waves are strong on Fridays :)

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https://steemit.com/bitcoin/@ravindrasail/help-improve-bitcoin-org-and-earn-bitcoin-with-its-new-bounty-program

ravindrasail (31) · 7 years ago

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slickhustler007 (56) · 7 years ago

During these times I try to double down on what I have and wait out the red days. When I first got started I would sell during the red only to regret it a day or so later. Investing with a long term mindset is the key. It's cool to make a few quick flips on some coins but the ultimate reward comes from being patient.

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cdwyatt (51) · 7 years ago

Ditto. I used to sell....and learned the hard way in stocks on a very large margin call - cost me my twenties....

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slickhustler007 (56) · 7 years ago

Marginal trading is another tough lesson to learn if your not careful. I'm glad I caught on to the concept in my earlier trading days. Don't get me wrong with marginal trading as it does have some good value to it. It's just that when it's time to collect from the trades, the bulk of the money goes to the actual lender. It gets tricky so just be sure to overlook the terms before engaging.

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17 votes

beretc (40) · 7 years ago

yes you are right investing in longterm portfolio is a key short term is always gives you loss so you should HODL your coin for atleast year or two, but this is my personal opinion.

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jrhonk23 (43) · 7 years ago

You guys are bang on. The newbies cause these panic waves. HODL.

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heh8me (28) · 7 years ago

I just switched over to attempt exchange style trading and it seems like if you do it right you stand to make more profit than just playing the big "3" from coinbase. Do you have an exchange you recommend?

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csggene3 (25) · 7 years ago

There are at least a dozen "major" exchanges around the world that do significant volume in a given space of trade pairs. Poloniex is an excellent option for a first time exchange account as they vet their available trade pairs well, and only make available what has a significant enough volume developed from other exchanges to support their customers' divestiture should they decide there exists some good reason to liquidate (i.e. truly worthless claims, dodgy mods, fraud, technical problems, etc). Some of the other exchanges like Bittrex or CCEDK use the power of being able to offer listing to a small coin for a larger cut of the transaction fees, and provide a means of capitalization through trading into bitcoin and the others available. As soon as you can trade a coin newly minted into an exchange of any sort, make no mistake that "money" is being "created" just like a central bank does, except the new "money" is in our decentralized open-source ledger rather than the fed's centralized closed-source private/public banking cartel. Additional major players in the exchange game are obviously those of eastern origin, such as BTCe and BTC38, both Chinese. The last group of players would be the futures markets that offer some simple options trades or highly leveraged margin accounts like Bitfinex and BitMex. To give you an idea of the ability they now wield, Bitfinex was being criticized in April for being "insolvent," but have sinced launched IOTA which peaked at a market cap of nearly $1.8B. Value that they created. In their computer. The current market cap is at a paultry $800M, but you can bet they can pay their bills now. For a long time.

Sorry for the red pill. I do that sometimes. Most times. =]

Start with Polo. Follow the rabbit hole down from there. =]

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rjona1 (41) · 7 years ago

Another chinese site which has english is Yunbi. But you need a chinese bank acct.

I wanted to get PAY & MCO so I signed into BITTREX. They have lots of alt coins there

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https://steemit.com/bitcoin/@ravindrasail/help-improve-bitcoin-org-and-earn-bitcoin-with-its-new-bounty-program

ravindrasail (31) · 7 years ago

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crypto-insider (31) · 7 years ago

It's the moment of selling and getting USDT for the big dip:
https://steemit.com/bitcoin/@crypto-insider/bitcoin-will-collapse-this-july-make-money-out-of-it-usdusdusd

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susanli3769 (74) · 7 years ago

Couldn't agree more. Holding hold would help to gain more financial returns. Selling short could lead to a lot regrets.

slickhustler007 (56) · 7 years ago

I call it a financial rollercoaster and I'm just riding until I reach my level of satisfaction. This whole experience as a whole is a learning process. A day at a time and constant research helps when I see red. Good vibes to you 👍🏾👍🏾👍🏾👍🏾

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13 votes

inshanmeahjohn (36) · 7 years ago

Smart advice

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cryptosteve (45) · 7 years ago

I am a great fan of LTC and I am sure it will hit $500 soon, because of many reasons that LTC investors know as well.
especially the 24h trading volume, always in the 3rd position. so if you are a wise investor buy low and if it goes up dont sell, and keep just buying as low as possible.
the goal here from investing in digital currencies is financial freedom, I and you still achieve it in LTC.
Even $55 for one LTC is still undervalued.
if you read this comment carefully you will remember me in a matter of 1 year or two if u do what it contains.

6 votes

flycryptoguy (50) · 7 years ago

Agree, my plans going forward are to take my profits and put them into LTC exclusively. Hoping the best for a dgb recovery soon!

rjona1 (41) · 7 years ago

I agree. that why I got excited when it dipped to $45

I'm sure it will outpace Bitcoin this year even if that scaling controversy is resolved
Because what ever Bitcoin can do with SEGWIT, Litecoin is doing better already with Segwit & Lightning Network

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nononsense (30) · 7 years ago

Just because I believe in signs, I will! Thanks!

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heh8me (28) · 7 years ago

Automatic investment plan for LTC is a good idea (obviously with what you can afford to lose 100% of). I see LTC breaking out August 1, regardless of the BTC outcome. It's a much faster platform and Charlie Lee is crushing the road tour promoting the capabilities and bring Asia on board. Once Litecoin is mass adopted by Asian markets and daily users the price of LTC will soar.

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andrewlarson (48) · 7 years ago

Yes HODL is the ultimate truth.

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zooropa (46) · 7 years ago (edited)

Patience and endurance are the main reasons for any success; no matter if in business, sports or partnership. You have to sail through the harsh times of life to reach Robinson's Island!

It's always the Q: Are you able to dream on, even everything might be lost... - ?

Cheers!

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gamerveda (49) · 7 years ago

Yeah It's a solid time to reorganize the portfolio and purchase coins that may have been at price points that didn't seem attractive at the time.

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happycoin (11) · 7 years ago

Cryptopay - ORDER BITCOIN DEBIT CARD and Wallet with advantages 😃 NFC 2.5 $ iphone https://steemit.com/card/@happycoin/cryptopay-order-bitcoin-debit-card-and-wallet-with-advantages 😎

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heh8me (28) · 7 years ago

What do you like about this card in comparison to Bitpay or Coinbase Shift??????? I've heard Coinbase has horrible customer service for the shift card and Bitpay seems to be attempting to operate a legitimate payment system.

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cryptonfused (46) · 7 years ago (edited)

Monaco and Tenx would be whaat you need to be looking at right now!

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nairamallam (50) · 7 years ago

what goes red today must definitely turn green tomorrow. the best time to bag some altcoin is now.

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minnowsupport (70) · 7 years ago

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by nairamallam from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.

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cryptogeek1 (17) · 7 years ago

Most of "sheeps" sell on red days not to lose more.. But actually by doing that, more "sheeps" follow their stupid trend..and they all lose more! The key factor of success in trading altcoins is to keep them on red days! #long term investing!

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elkfazer1 (25) · 7 years ago

I guess some of the sheep have had enough when it seems there's a weekly dump though. I'm holding a mixture of long term and short term coins, but many of mine haven't hit previous highs for weeks now so I'm nervous about making any profit on them for ages. When you look at those red days it does seem like it's a race to the bottom!

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cryptonfused (46) · 7 years ago (edited)

If you are looking at shorterm profits at this time; you will lose big! Until some months after the hardfork, nothing will return to normal!

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gamerveda (49) · 7 years ago

It depends. If you're a trader and can see that the floor has been breached, getting out of the trade and purchasing again at a lower price point can be a smart decision. Otherwise, yeah, hold.

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cryptogeek1 (17) · 7 years ago

Unless if you might never see that low again..after you sold ;)

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davidpwsun (28) · 7 years ago

If you are a firm believer, then HODL. During the down days, it should be an opportunity to buy cheaper. Never margin!!!

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incomepal (44) · 7 years ago

WOW!
That article is on another level totally!!
Thanks for taking out time to compile all the info.
Much appreciated.
@incomepal

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linuslee0216 (69) · 7 years ago (edited)

They up again in today!

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4 votes

djohan (66) · 7 years ago

Good time to buy at discount prices

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dontstopmenow (68) · 7 years ago

cheap as chips!

nom nom nom

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askaran (53) · 7 years ago

You know that feeling when you think "damn, i missed out on this great project"? Well, now we get a second chance on some great coins.

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piotras (48) · 7 years ago

It is not time to sell. It is TIME TO BUY MORE!!!

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mrcryptoman (40) · 7 years ago

You better believe the federal reserve is the ones shorting these coins. They want you in the dollar. All the cash alternatives are being crushed right now along with the metals. The problem is they have unlimited funds and can keep this crap up for as long as they want. None of these charts are behaving like normal.

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5 votes

haroldx (26) · 7 years ago

i don't know if they manipulate... but you can gain profit on there manipulation.. .. it the same pattern weeks..if you can't beat them used them

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epsylon (27) · 7 years ago

how?

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brosh (27) · 7 years ago (edited)

The same way you'd earn money shorting a stock. If you "know" the value of something is going to drop - you short it.

Here's a hypothetical:

You borrow 5 ETH from your exchange.
You IMMEDIATELY sell that for $8. (So you currently have $8 in your pocket. Keep in mind you need to return 5 ETH to your exchange. )
You wait for the price of that ETH to drop, you purchase it back - at the lower price, of $4.
You return that 5 ETH to your exchange, and in the process have made $4.

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heh8me (28) · 7 years ago

That sounds real confusing for the average person. Glad that someone can make that work, nice! BTC/LTC/ETH have adjust price the last three weekends straight.

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brosh (27) · 7 years ago

Start @ 2 minutes and 26 seconds. This is the most simple example I've come across.

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gamerveda (49) · 7 years ago

Considering that we're talking about a space that is less than $100B I highly doubt this is accurate.

A large part of the volume of trades is coming out of Japan, China, and Korea which can be observed on coinmarketcap. So if anyone is controlling price action its among that group with the big coins.

On the smaller coins it depends entirely on the coin and markets they're traded in and can be easily manipulated as a result.

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grizgal (55) · 7 years ago (edited)

If you understand what and why you bought something and those fundamentals haven't changed, why would you sell, unless its to finance another purchase?
Too many people are buying for the wrong reasons, hoping it will go up. It's pure speculation and could end badly. The world of crypto is ripe for consolidation!

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gbenga (73) · 7 years ago

i would love to get litecoin at 10% discount

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bitcoinflood (77) · 7 years ago

This one is a bit steeper then the last few weekends honestly a little worried about this one as we come into some changes here in 3 weeks.

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tinyhomeliving (62) · 7 years ago

I agree, this dip seems quite a bit steeper than what we have been through in the last couple weeks. I am not sure what to do at this point, take profits and park in bitcoin, althought wtf is going on with bitcoin come August 1st??

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bitcoinflood (77) · 7 years ago

We might be hitting the bottom here soon from the looks of it the sell off is starting to turn into a bit of buying and it for sure was a larger sell off then the previous ones.

As per whats happening August 1st is that the majority of bitcoin nodes will try and force the miners to implement a protocol upgrade proposal called BIP148. Depending on how it all plays out it could and i use that word carefully cause a split in bitcoin kind of like we saw with Ethereum and you now have ethereum classic and ethereum. You would in essence have bitcoin classic running the non updated chain while the new chain runs the updated version.

heh8me (28) · 7 years ago

Good point....I believe Coinbase said they will run whichever BTC is of interest to users and miners and the other one will not be adopted. I think LTC will continue to fluctuate over the weekend from $44-$51 then jump Monday morning. It's possible it could hit up $50s again and then will adjust again over the weekend to the $50-55 range. I think this pattern will repeat through the end of the month and then it could shoot up dramatically if BTC hard forks. Thoughts???

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https://steemit.com/politics/@davebrewer/cnn-has-to-eat-crow-by-reporting-trump-and-putin-reach-syria-deal-btc-and-crypto-prices-drop

davebrewer (59) · 7 years ago

My thesis is recent ups and downs are explained by geopolitics.

The Trump Putin meeting went well today, risk off, crytpos drop 10%

Not an issue if you plan on holding long-term

tinyhomeliving (62) · 7 years ago

Interesting theory. I am a holder long-term, but sometimes I wonder if I should shift all into btc to wait it out. who knows!

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heh8me (28) · 7 years ago

I'm right there with you on this. The uncertainty is crushing plans but it's definitely worth the risk considering what the upside may look like. Can we just blink and August 1 be here already???

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gamerveda (49) · 7 years ago

We went up from $20B overall market cap to $110B in market cap. Giving back a large chunk of that gain is highly possible so I wouldn't bet on the bottom being in just yet. Of course no one can really call the bottom. All we can do is either Hold and buy more coins the prices become more attractive or Sell if we think there will be a better opportunity tomorrow.

At the end of the day if you're in this for the long haul these price dips shouldn't be a concern as it's not the first time it's happened. In fact we have seen Three such major downward movements over the past 1 full year post every major upwards movement.

Just gotta chill and head outside for a while until things steady again :)

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bryanoemar (37) · 7 years ago

Sales day!

Massive discounts everywhere :)

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g-dubs (71) · 7 years ago

The strongest on a weak day... that's a tell.

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marcusxman (53) · 7 years ago

A pull back is what we need to calm the exuberance in the market. To those who have BTC to spare, have a happy ride back up!

cyberblock (65) · 7 years ago

SBD is getting hammered today

lig007 (51) · 7 years ago

I wish I could think like that but I always see the downside more than the upside.

ackza (72) · 7 years ago (edited)

force youself to be positive ! aparently thats what we excell at here at steemit

silver-saver (44) · 7 years ago

Absolutely! Great time to buy!

orionsbelt (50) · 7 years ago

Market is bleeding= best time to buy!!

waniowski (40) · 7 years ago

this is life , sometime you win sometime you loose

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5 votes

boopie (50) · 7 years ago

In the past, everytime I planned a trade I would sell at a low point and end up buying at a high. Now I just stick to lending and buying when they are low, like now! Buy buy buy!

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ugaard (38) · 7 years ago

Ill be like:

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mikej (50) · 7 years ago

Great time to buy for sure.

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dimitrya123 (51) · 7 years ago

SBD below 1$ ... I wish I could buy a little bit.
When everybody sells, is it time to buy !
Bright blessings.

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kimseonghun (54) · 7 years ago (edited)

lol I'd love to buy more now but ran out of money ...all my money is in coins T_T

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zararina (65) · 7 years ago

Dogecoin is just same same. :D

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jamie-smith (51) · 7 years ago

I noticed that steemit is not in the top 10 or the biggest losers, so where does it fall exactly? Not sure, but it's good to see you talking about bitcoin and other cryptocurrency.

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imransoudagar (63) · 7 years ago

I have invested a little money in Bitcoin, ETH and I mine a few coins on my laptop.

I am hoping that all the altcoins go big as Bitcoin did, many people are hoping that Bitcoin will hit an all-time high of 5K USD by the end of this year.

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gdreyer (44) · 7 years ago

Picked up some discounted LTC :)

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sdilan (43) · 7 years ago

Anyone else wish they had more money to invest? me too!

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bill2089 (27) · 7 years ago

I've been buying on the downs, now I am out of cash and they keep going down. I need to find a way to take advantage of the bloodbath!

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correctdrop (8) · 7 years ago

People be like...

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getsome3000 (44) · 7 years ago

ETH for 228 right now

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dey27 (25) · 7 years ago

Me encanta haber descubierto el mundo de las criptomoneda. aunq suene increíble es un tema desconocido.

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ioanaaa (46) · 7 years ago

haha good to say ,is definetly a good oportunity to buy

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introvert-dime (67) · 7 years ago

Trading is not the way to go. Patience pays off. Hold on to what you have to get multiple times reward instead of dekking few percentage gains with the risk of losing.

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chrissonomics (35) · 7 years ago

Every weekend the same game :D Buy when its low. Dont sell at the weekend guys. #PAY Token! #TENX

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inshanmeahjohn (36) · 7 years ago

Why does it go down on a weekend?

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jrhonk23 (43) · 7 years ago

Less people day trading? More people chilling out? The whales are suffering a hangover? Monday - high day!

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inshanmeahjohn (36) · 7 years ago

Good point

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alin89 (48) · 7 years ago

I think that until 1st august prices will continue to vary up and down(mostly down) because of the uncertainty of the Bitcoin changes. If you guys remember last year was the same with the bitcoin halving, and since almost all altcoins are connected to bitcoin, they all suffer in this period. How about we take that well deserved holday? i Think it's the best time to do it!!

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jimbojones (53) · 7 years ago

It seems to me.. bitcoin went up.. lots of investors jumped in. They also moved into alot of alt-coins.. buying those up.

But really they are not worth so much.. so now the price will slowly drop.

It will go back up again when the bitcoin price goes up.. and when people hopefully make more applications on top of their coins.

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ttosic (25) · 7 years ago

People are panicing because of Bitcoin SegWit update at the end of a month and are liquidating their assets until initial period of adoption ends. Market was always volatile but it is dependant on Bitcoin (not talking about daily margins but long term growth). My opinion is that prices will go down even more this month. Deversification is the key tho, and major market cap assets are way to go along the few that are small atm but which have great technology/dev team behind them.

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bird393 (25) · 7 years ago

Hold on to everything and buy more! Cryptoworld taking over !!! :)

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time4rise (46) · 7 years ago

Holding hold would help to gain more financial returns. Selling short could lead to a lot regrets.
I am a fan of LTC and I am sure it will hit $500 soon, because of many reasons that LTC investors know as well

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rjona1 (41) · 7 years ago

Did you see TENX ? Got introduced Friday night then fell 90%. Now it is slowly rising again

Bought Litecoin & Dash. Now they are back to their old prices

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decentrawise (25) · 7 years ago (edited)

Thanks for the info @kingscrown Upvoted, Followed and resteemed!

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renegade (25) · 7 years ago

If we believe in this technology (and more people start to believe) then the cryptoworld gets more traction and attention - driving the prices up. It is not a question whether to invest. The question is which altcoins to choose as an addition to Bitcoin.
Bitcoin seems to become the new gold for the new century. So it is evident to invest in Bitcoin.
Litecoin is becoming a reserve currency. At this very moment it can clearly be seen. So, I'm going for Litecoin for this July and carefully buying into Bitcoin.
After Segwit? We will see.

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euni (56) · 7 years ago

Its a bloody Friday mate!

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williamsjose (25) · 7 years ago

los Altcoins Andan bajando su precio de manera increible

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vladimirk800i (46) · 7 years ago (edited)

Blood is spilling all over the trenches, but it's the right time to buy-buy-buy as much as one can. Keep it strong, soldiers, the green zone is coming! Red river is always an opportunity!
Безымянный.png

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arunava (76) · 7 years ago

There are some good deals there like Litecoin and Gamecredits @kingscrown

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steppingout23 (55) · 7 years ago

Bought more Steem. It's on sale. Get it now. It's on the "lo lo", you nah what I
mean. " lol

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kumaran444 (50) · 7 years ago

Right time to invest in cryptocurrency

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sheval (38) · 7 years ago

Can explane me anyone ??

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michaelwilshaw (56) · 7 years ago

After the last two months excitment with ripple. Well May, June ish. Everything is down for me. My last play was Ubiq which did well for a time.

I have Game, Reddcoin, Digibyte and Ubiq. Long term will these do well? Or should I take my 1k on each out? Who knows...

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rapidaax (27) · 7 years ago

I love these days because I stack up on bitcoin and then buy a bunch of alt coins which really helps me profit so yeah!

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ionlysaymeep (50) · 7 years ago

meep

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everittdmickey (73) · 7 years ago

EOS is trading?
It's not on Bittrex.

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theviralnomad (50) · 7 years ago

"Buy low sell high." It's game time!

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buzzbeergeek (73) · 7 years ago

Hmm... SBD slightly below 1$. That's scary :/

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manjix (25) · 7 years ago

Steam Summer Sales has ended.

Crypto Summer Sales is still ongoing.

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alexhfli (22) · 7 years ago

What is the reason for the altcoins price drop?

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randowhale (67) · 7 years ago

This post received a 2.2% upvote from @randowhale thanks to @buzzbeergeek! For more information, click here!

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victorier (66) · 7 years ago

lol, thanks for your reminder. But it is just a hard situation for those like me, who have never bought any single altcoin. As although the altcoin drop today, but it still so much higher than the price 1 month ago! So, I still have no idea is it a suitable time for me to step into the market or what...

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cheeto.blue (61) · 7 years ago

We know we need to buy when coins drop like this, but human nature just pulls us away - we're scared 😳

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tradz (58) · 7 years ago (edited)

So like I stated earlier, I am currently trapped in all of my investments which is fine considering that I am long-term, but I did have plans on taking the money I had in SBD, out! It was a bit shy away from my target SMH to now back down way below.
'Black-Friday' is looking too gd to not get involved in so, I decided to sell a portion of my trapped SBD to place some orders with a few other coins that I felt needed my attention ;)
I put in an order for my first ever buy of 'Antshares', an order placed f0r HEMP(THC), and another order placed f0r the infamous XRP.
Now I shall gain even more than what I already had in SBD, in due time.

Crypto-Life, Gtta l0ve it!

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opanyin (39) · 7 years ago

Red days means invest more to me. I love to invest

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princekayani (41) · 7 years ago

Wow, Tremendous!

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theblockchain (46) · 7 years ago

quoteBe Fearful When Others Are Greedy and Greedy When Others Are Fearful
Warren Buffett

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hirennamera (53) · 7 years ago (edited)

Really really bad Friday @kingscrown I recently reader story of @lukestokes same thing is happen with him also.

Hope things becomes good soon at @steemit

Regards
@hirennamera

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felix.herrmann (65) · 7 years ago

DASH moving up the chart. I think it is basically a cleaning of all the currencies that have no additional values.
Gold and Silver is down as well.
Big banks preparing to buy?? Big short??

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nickwilson (45) · 7 years ago

I love the weekends. This is when I get cheap litecoin..

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arckrai (62) · 7 years ago

It seems like everyone is losing out nowadays.
Let's see if things will get worse or better after the BTC hardfork.

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moderninvestor (51) · 7 years ago

Hope everyone is buying up during these sale prices

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feelsomoon (52) · 7 years ago

You're missing TenX. That thing dropped to $1.12. People who wanted to invest should buy in now. Its a bit higher risk but high reward and ots on sale.

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zacly (4) · 7 years ago

Your post is very interesting to follow ....
I am new person, please help my vote ...?

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enomujjass (64) · 7 years ago

thank you for good posting

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ionlysaymeep (50) · 7 years ago

meep

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doqstrader (50) · 7 years ago

Yeahhhh.. the best time for altocoin.. steem is definitely

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https://steemit.com/politics/@davebrewer/cnn-has-to-eat-crow-by-reporting-trump-and-putin-reach-syria-deal-btc-and-crypto-prices-drop

davebrewer (59) · 7 years ago

My thesis is geopolitics is playing a role in crypto prices in short-term.

Short term gyrations don't matter if you are in cryptos as a longer term investment.

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vajmuduke (44) · 7 years ago

A good time to buy some on sale!

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beretc (40) · 7 years ago

Yes i agree with you we shouldn't put money in every coin which is dumping because every coin is not a bitcoin or ETH so we should be careful while putting money.

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lions1120 (25) · 7 years ago

Being new to the crypto world, I was going crazy to see all the red! I took to the internet to find out more and figured out that this happens. And "usually" its the best time to get in on some of the coins that got hit hard. Thanks for the post!

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dlina-v-metrah (57) · 7 years ago

It is a pity that bitcoin I already do not have - I bought everything for different alt :(

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eastcoastcrypto (49) · 7 years ago

Invest in the cryptocurrency ecosystem and EARN crypto everyday! then whatever the market does matters much less

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satomicha (25) · 7 years ago

Just join steemit, glad to know I m not alone in this red. Thanks for the encouragement. I will hang in there till its time to profit.

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gmt117 (57) · 7 years ago

yeah, not fun to look at my Excel sheet and see all my open trades deep in red, not just Friday, the whole week...

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kothantkothant (42) · 7 years ago

Good post.please follow and upvote me

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joshualawhorn (34) · 7 years ago

10% off Litecoin! Priceless!

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shehbaznawaz (53) · 7 years ago

this is why I never make a full entry into the cryptos, i keep my investments in steps, sometimes opportunities like the one mentioned in the post arises and I enter at even a better rate.

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shyne07 (30) · 7 years ago

Nice. Where can someone take advantage of the sale/dip? Where i stay in Nigeria, i don't know how to get such information.

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marquix (49) · 7 years ago (edited)

a decreasing coin price is not a dump, nor is a coin price going up anything of a pump! "Pump and dump" are artificially kicked-off moves (and not just any move).

You seem to think using some slang is cool or makes you appear to be a super-hero trader, but when it only shows you're confusing the most basic concepts, then it's not...

Your first phrase should read "when Bitcoin takes a breather" or "goes back/decreases a little" or similar. Instead of that pump you might want to use surges ahead or rebounds because that's what it is: no one has the means to "pump" Bitcoin these days at a marketcap of $50bn and upward (not even on margin with any degree of profit probability)!

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schattenjaeger (71) · 7 years ago

That's just the lingo used around here, so it makes sense to use it.

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tarbz (30) · 7 years ago

What do you hold mate?

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nononsense (30) · 7 years ago

I AIN'T NEVA SCARED

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lightviz (31) · 7 years ago

Hi, guys, Follow me and Upvote my posts in my blog and i will do the same thing!!!
DQmSU1hzsgYXpLoTgCd69jJHNJaNfZZj15c4dFDAwSLLxwM_1680x8400.png

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jarexx (39) · 7 years ago

That's basically what I've been telling my followers, too. The green days aren't over, guys.

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