Crypto Bounces Back - Initial Miami Thoughts

in cryptocurrency •  7 years ago 

After a rough few days for cryptocurrencies, the market has bounced back with Bitcoin above $11,000 and altcoins recovering anywhere from 15% to 50%. Let's talk a bit about the recovery process for crypto, as well as my initial thoughts from the Bitcoin Miami Conference.

As I mentioned before, I'm working my best to get some interesting nuggets of information for you all, and gauge the sentiment at the conference, to provide you with helpful info.

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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**

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Many neglected the advice to buy the dip including myself. Now, I wish I did. I'm still learning though

Buying the dip is terrifying and goes against human emotion, but you have to train yourself to do it.

It happens lol.

But... There might be more dips to come! Last month it went to 10k and people who missed it thought theyd never see that price again.

Yet a month later, 9k just happened. :)

Crypto is a very strange market. Keep your fiat ready to buy and another option is dollar cost average :D

I'm a big fan of seeing you speak to the camera instead of looking at OCFX and CMC the whole time. You got some great lighting at the beginning too!

Hotel window hahaha.. Working on understanding lighting, cameras and all that stuff. I've never done it before so it's taken me some time

Nice post. Good work. I just upvoted you! Now it's your turn. Let's help each other and grow as well.

its good news. that market up sloli sloli

im buying the dip on bcc, and holding all current altcoins

The rise and fall of bitcoin has us all very nervous, although experts say it will rise in these next 5 days.

Very good @cryptobobby eh I have read your publications and I have learned a lot, and if the Bitcoin is too low but it is already recovering and starting a stir. congratulations you have a new follower. If you like you can go through my blog.

saludos amigo buen post si gustas me puedes apoyar en mi blogU5dspeHbWqKhxK1h4VJwS2QXQ5LxsVg.gif

Thanks for sharing this informative post,

Haha...buying the dip is so situational. Where's the dip? What if there's an even "bigger" dip? If we knew all of us would have been multi millionaires by now. But it won't stop any of us from trying! ahah....

Agree with most on buying on the dip but the question is if that was the bottom. Looking at volumes and the weak hands that will take any bounce as a selling opportunity, makes me hesitate before adding to the positions. I am surprised that alt coins are outperforming BTC at this point as well. I would expect BTC dominance to increase before a real rebound. Just my opinion...

Although I dont have a ton of money Ive been buying the dip ever since it went below 10k the first time. Just 50 here and there I have faith we will hit 25k to 30k easy by the end of the year

The harder the crash, the higher the bounce!

little worried about asian markets, good news is swiss opening new exchange safe heaven

  ·  7 years ago (edited)

Great video Bobby, glad you're enjoying your trip. Interesting to hear that NEO is a star at the show. I am surprised you don't have a NEO position as its a fairly reliable med/long term hold option in general IMO (been holding mine since the Antshares days). Anyways keep us updated!

Great video Bobby, keep then coming!