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HUGE DROP In BTC And ETH

Discussion in 'CryptoCurrency' started by PowerPath, Jun 26, 2017.

  1. PowerPath

    PowerPath Junior Member

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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.
     
  2. goldenkiid

    goldenkiid Junior Member

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    It looks like btc and eth are going to keep dropping though
     
  3. MisterF

    MisterF Jr. VIP Jr. VIP

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    Same rules apply, never risk more than you can afford to lose.
     
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  4. bmanfacts

    bmanfacts Junior Member

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

    Not a game for the weak
     
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  5. MisterF

    MisterF Jr. VIP Jr. VIP

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    Agree, worst thing people can do is start to chase losses.
     
  6. xIRaTeD

    xIRaTeD Regular Member

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    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
     
  7. interkul

    interkul Jr. VIP Jr. VIP

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    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.
     
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  8. Endlau

    Endlau Newbie

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    Just give the market a couple of days and it will stabilize itself.
     
  9. AlumniAce

    AlumniAce BANNED BANNED

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    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
     
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  10. CreativeCit

    CreativeCit Junior Member

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    Time to buy.
     
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  11. curiouskt

    curiouskt Regular Member

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    How can you be sure though?

    Do you have crystal balls? :rolleyes:
     
  12. Endlau

    Endlau Newbie

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    Because that coin has a great dev team and idea behind it. It's value will only increase over time
     
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  13. Martin Porters

    Martin Porters Newbie

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    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
     
  14. curiouskt

    curiouskt Regular Member

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    / sarcasm ;)
     
  15. jacker818

    jacker818 Power Member

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    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 ;)!
     
  16. Vapys

    Vapys Regular Member

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    Exactly!
     
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  17. DecadeOfWinning

    DecadeOfWinning BANNED BANNED

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    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.
     
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  18. Kode

    Kode Junior Member

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    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.
     
  19. Vapys

    Vapys Regular Member

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    Why don't you just check the volume under the candle sticks?
     
  20. interkul

    interkul Jr. VIP Jr. VIP

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    Problem with btc is that it doesn't have any real value.