Pullback this afternoon, ICOs in the news, and that word again: FUNDAMENTALS

in cryptocurrency •  8 years ago 

Hey, Steem!

What I thought I'd do here is a little bit of HOT TAKE, a little bit on the ICOs in the news - especially everybody's buddy Vinny's launch - and a video that I did this afternoon with some evergreen advice.

Here goes:

SO THERE'S A PULLBACK...

The price of Bitcoin gets equated to a "roller coaster" a lot. This afternoon is no exception: take a look at this six-hour chart from Poloniex.
Wild Bitcoin.jpg

You can find it trading as of this writing at around 2230 - it's 1:30 Chicago time.

Ethereum has pulled back, too: a 24-hour high of 205 followed by a low of 141.

WHAT ABOUT THOSE ICOs?

Here's a great piece from CNBC about them: http://www.cnbc.com/2017/05/25/bitcoin-ico-cryptocurrency-start-up-civic-raising-money-initial-coin-offering.html

You can read about Vinny Lingham's Civic there.

And that segues nicely into the video we made...

CHECK THE FUNDAMENTALS

Really, you should know what you're investing in, and why you're investing in it.

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