HUGE DROP In BTC And ETH

PowerPath

PowerPath

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Wow,

ETH dropped by about $200 from this months peak

BTC dropped about $700 from this months and still is!

I know this might go back up but good thing I didn't listen to the 'millionaire' gamblers.

I am expecting a slightly steady performance now from ETH and BTC.
 
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It looks like btc and eth are going to keep dropping though
 
MisterF said:
Same rules apply, never risk more than you can afford to lose.
Click to expand...

Advice said countless times. Hopefully heeded advice so there's no panic complaints about "what to do now"

Not a game for the weak
 
bmanfacts said:
Advice said countless times. Hopefully heeded advice so there's no panic complaints about "what to do now"

Not a game for the weak
Click to expand...

Agree, worst thing people can do is start to chase losses.
 
yeah noticed that aswell big drop, luckily i got my btc out of there :) it was way too high to invest into anyways,
just catch it on the rebound now when the trend dips make a quick profit
 
An year ago btc was about $555, now it is $2463, it is obvious it won't rise forever, but after slight drop it will rise again. If You played forex a bit , You will know when to sell things.
 
Just give the market a couple of days and it will stabilize itself.
 
I'm hoping for it to go even lower, will spend 1000 euros on litecoin if it goes below 30 dollars, I can see this coin increasing 5x to 10x in 1 year time
 
I knew ETH was going for a nose dive. I am very glad I didnt invest. But I am going to in the next few days hehe
 
These ups & downs are exactly what i look for. If you ask me at this point none of these coins are not logically long term investments. They are great for day trading though ;)!
 
PowerPath said:
Wow,

ETH dropped by about $200 from this months peak

BTC dropped about $700 from this months and still is!

I know this might go back up but good thing I didn't listen to the 'millionaire' gamblers.

I am expecting a slightly steady performance now from ETH and BTC.
Click to expand...
Its based on emotions and chinese manipulators. This july Austrulia is no longer doing double taxation on btc so you can bet your ass those aussies are about to put millions if not a billion combined raising btc value again. So if your wise buy now its a holding game my friend for the long run not a short term play. Do your research. Bitcoin solves a lot of problems which is reason for it to stay and thrive.
 
Kode said:
Nah I'm let it keep declining, but I'm actually curious as to how many people actually buys before the dip occurs and how many buys after the dip passes.
Click to expand...

Why don't you just check the volume under the candle sticks?
 
Problem with btc is that it doesn't have any real value.
 
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