RE: How bad will the Sunday dip get this week?

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How bad will the Sunday dip get this week?

in cryptocurrency •  7 years ago 

Yes, there is definitely dilution with too many coins, but also a lack of new money pouring in.
Money chases performance, and there is no performance here to chase

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Toot true, and the no new money coming in is for good reason too, because now 18 year old kids can't buy their new Lambo after buying $100 worth of coins, and then after a month are millionaires.

Lambo days are over. Now it’s Lambo repo days

Ah ha ha! It's too true! 😀

Did you take the plunge yesterday? Looks to me like our Asian friends took a big dump in the crypto market overnight.

Nope, I decided last night to wait until the death cross did it's thing, and to wait a little after April 10, just to make sure everyone pulled out what they needed to pay their taxes before adding more to my positions... it would seem that my move was correct. 😉

Yeah, I think FOMO went “tits up” in the crypto market

I'm playing the long game, and like so many others, including some pretty prominent YouTubers out there, I personally am not going anywhere, and I plan on picking up other peoples bags on the super cheap!

I hear you. It’s going to be interesting for sure. The war on cash and the war on cryptos are still at the beginning. Now Govcoins are coming to assist the powers – see SAGA