I just checked the cryptocurrency market and things are not looking good. In fact, every one of the coins were in the red for today. Some down over 25%!
Stratis is down 26.65%
Bytecoin is down 28%
DigiByte continues their slide from the big hype down 29.69%!
Bitcoin and Ethereum are down around 15%
Steem is down 25%.
This is the largest sell-off I have seen in a while.
I have to admit I am slightly concerned. This is a big drop, but I am in it for the long haul and excited to be able to buy back in some of these coins at a lower rate.
Are you starting to panic?
Crypto bloodbath. It's happening on a regular basis these days.
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It sure is, but I just picked up some extra Bitcoin to start getting into some smaller coins a little heavier. We'll see how it works out. Wild ride though.
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My feelings as well; now is a great time to buy - and diversify (which is probably why so much red!)
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Sorry for the late reply. I agree. I bought back in and added a few new coins. Great minds think alike. Did you pick up anything in the dip?
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I sure did!! Been reading and researching for what I want next; while waiting for the right time
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I think Ripple is the next to pop. We'll see. It is exciting.
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I have given up on Ripple. It's too hard to get a hold of. I just wrote about my experiences, and the money I've lost while trying to buy it. I've decided there are too many coins, to be too worried over one.
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The MarketCap went from 108 billion to 96 in a matter of hours. Also the US Fed is planning on a rate hike. Guessing the Stock Market will be in up/downs tomorrow. My guess is this cash outflow could be money from larger investors trying to move it in prediction for this tomorrow..who knows
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The Fed raised the rates today. That might have something to do with it. So much to consider. lol Thank you for the input.
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Just consider today Black Friday! Happy shopping
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hahahaha!
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The Happy Shopping part! I have made a list!
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It can be a bit scary when everything in the red and your whole portfolio is down around 40% over the last few days.
But im pretty confident in the coins im holding [sia, gridcoin, eth, pivx and steem] so I am not going to sell. I will keep holding, and just hold for a long time.
Times like these are why some people say you shouldn't play around with money that you can afford to lose.
I for one hope these coins stay low long enough until pay day so I can buy some more!
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It is scary, lol, you are right. I am in for the long run and it is money that I can afford to lose, but don't want to. lol I am looking at this as a buy too! Thanks for the feedback, you picked up a new follower.
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LTC is actually holding well. This proves people mostly see it as BTC alternative. It might be a good safe haven for hard days of UASF. Also ARDR is doing well. I predicted these would be good value coins in this piece
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Literally just picked up some LTC based on how it's been holding up the last couple days :: plan on getting more soon
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Sorry for late reply. I actually did by some LTC and now it is up around $40. Awesome. I'm going to follow you for more great advice. Did you buy more in the dip?
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I did get some but not as much as I should have. Didn't want to expose myself too much to one coin and now I'm sorry.
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I know how you feel. There are always ways to feel sorry in this game. Hahaha, but keep focusing on the wins and long-term lambos. lol
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Thats the dip to buy for sure!
LTC looking good indeed, maybe I should buy some against btc
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I just saw this reply, sorry about that. I agree. I hope you bought LTC. Did you? It is up around $40 now. @thomaskikansha good call!
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