RE: Um, random giveaway competition (of some sort...)!😀

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Um, random giveaway competition (of some sort...)!😀

in steemit •  7 years ago 

One thing about crypto is there’s no ‘finally’ unless you actually ‘finally’ convert back to legacy bankster’s money😄

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LOL. OH man! I might be on the street with ya.. 😆

speaking of crypto... what do you think of the current drop? Buy more bitcoin? LOL

hahah well not terrible with good company right?

Ahh...hehe... yes, re. the company.maybe you’re right!... hadn’t actually thought about it (perhaps subconsciously that’s why I’m on steemit it right now today haha).

But yeah, the charts are not a pretty picture imho! :-/. From my experience, technically, it’s a different looking thing from the previous two or three downturns we had earlier in the year with most crypto. So personally, I would not be buying ‘the dip’ this time, at least not until a good while had passed, and enough to change the ‘look’ of the charts into something better.

In fact, the charts of the leading cryptos are looking to me a bit like what happened with steem following the peak of last June. Basically, the chart was ‘accellerating’ downwards. It then went pretty much back to where it started and then spent like the next 6 months essentially flatlining (while bitcoin, and many others were skyrocketing)!! I have no idea why; and I don’t know why it suddenly perked up in the last two months either (although, if it was only due to `korea’ that might not hint at great things (if mostly ‘speculation’ ressons) .... but who knows!).

But anyway, enough of doom and gloom, at steem has /some/ utility (I really hope!)! 😀

oh interesting! Thanks for the info. Im just wondering where I should be putting my SBD. LOL In steem or Bitcoin or what? LOL :)

  ·  7 years ago (edited)

Convert it to dollar bills and stick it under your mattress? 😀

Edit: Nah, but in crypto I always allocate a certain proportion to fiat and store it on an exchange (The rest can stay as crypto). Then if we enter a bear market, that’s when you can pick up bargains at end of it, before the next bubble :-)

ahh gotcha! Well now is not the time to pull... hahah as it is currently down! LOL :) Next one :) For now, I'll just collect crpyto like a squirrel collects nuts! :P