We lost 40 billion?! 💰 | Market Analysis 30 November 2017

in cryptocurrency •  7 years ago  (edited)

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It was a fun day today, Bitcoin hit $11.000, Ethereum hit $500, lots and lots of green alts.
PLUS we gained 40 BILLION in newcomers yesterday, these newcomers were clearly scared of the 10k theory and sold when it dropped a small 5%, after that all 40 billion were gone, they cashed out for fiat.

DON'T SELL

But that's healthy, we now clearly know that there is hype and that Bitcoin and altcoins will grow crazy these upcoming months when the money comes back in.

DASH

Everything is down double digits except for Dash, DASH has hugh buy walls today, looks like some investors want to distinguish DASH from other alts?!

What is your favorite coin?

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From my point of view, if you are not already in the position - it's too high to buy bitcoin. Risk reward is close 1 to 1. Think about
https://steemit.com/bitcoin/@sergeykhorolskiy/buying-bitcoin-around-10-000-is-too-risky