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 

Too many coins, tokens, and ICO's, not enough money I'm afraid. Everyone is all over the place trying to chase their Lambo dream, so loyalty for the most part to any one project is over, well for most of the dumb money coming in anyway.

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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

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!