So we've gone from... "crypto currencies will be the global currency of the future" to "sell it all its not worth anything" within a month...

in cryptos •  7 years ago 

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We all got into this game knowing the risk of volatility. Now it's volatile people wanna bail... nothing changed except people's perception and expectancy that they'll be buying a Lambo by March.

Although I have no idea what the future holds I'm happy to see the lambo fraternity run for the hills. Leave it to the people who genuinely believe in the tech to survive. I'm HODLing no matter what cos it's not about how much my portfolio is worth against the dollar. To me it's more important about how much of the future currency I possess.

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7 years ago by

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      ·  7 years ago 

    i completely agree, buuut when will the dips end?

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        ·  7 years ago 

      Hopefully soon

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        [-]
          ·  7 years ago 

        Good one. It sure is a fickle market!

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          1 vote
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            ·  7 years ago 

          Markets across the board are dumping, not just crypto. I agree tho I kinda hope the price dip purges a lot of the greedy people who are only in this for short term gains.

          Still, losing 100k in a day never gets easier :(

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              ·  7 years ago 

            100k in a day :o i can just imagine mate. Well let see what happens next hope for the best. Im trying to think positive so far 😂

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              [-]
                ·  7 years ago 

              hard to imagine cryptos not having any value long term..in the meantime, lower prices mean better entry point for some top up magic :)

              @ausbitbank, I guess we have established coins are not a hedge for an equity / fixed income / real estate portfolio.

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                [-]
                  ·  7 years ago 

                Thanks for yur good posts, I followed you!

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                  [-]
                    ·  7 years ago 

                  Cheers

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