Bit 14700
Eth 1050
Definitely took a dip overnight. I was in Eth but got out at 1088, didn't maximize that jump above 1200 but I tend to bank out early just to be safe, I've only been in it for a week so obviously not an expert here. Was going to jump into Bit but Cointelegraph talked about the low end $15500 barrier and if it dropped below $15000 that it might not be a bad spot to cash out for a Stop Loss so I kept out to see if it would stabilize. Bit could drop to $13k which could be a great spot to jump back in. Definitely worth watching today. [Reply]
CoinMarketCap, arguably the most prominent global index of cryptocurrency prices, triggered a wave of anxiety and anger this morning when it removed a group of Korean cryptocurency exchanges from its price calculations.
Though the change was apparently made at midnight Sunday U.S. EST, CoinMarketCap did not publicize it until midday on Monday, saying that the Korean exchanges showed “extreme divergence in prices from the rest of the world and limited arbitrage opportunity.” [Reply]
CoinMarketCap, arguably the most prominent global index of cryptocurrency prices, triggered a wave of anxiety and anger this morning when it removed a group of Korean cryptocurency exchanges from its price calculations.
Though the change was apparently made at midnight Sunday U.S. EST, CoinMarketCap did not publicize it until midday on Monday, saying that the Korean exchanges showed “extreme divergence in prices from the rest of the world and limited arbitrage opportunity.”
This caused some serious market chaos, and people started to panic sell. Good time to buy on the cheap. [Reply]
Originally Posted by MahiMike:
When it comes to BTC, ETH, LTC just go long. Personally I trade alts and put the money back into BTC. It's like mining for BTC.
My exact strategy. I've got the time to day trade a lot though so it's constant in and out for me with the others. Wallet the gains then look for a big BTC dip --> invest wallet. I'm basically treating it like a video game.
I'm new at this though so I don't know really. Just seems like common sense. [Reply]
Originally Posted by Demonpenz:
ripple is down and litecoin is down. Ripple had a nice run. Tempted to take my money and go elsewhere but going to hold for now.
Coin telegraph predicts Ripple to drift lower to $1.41ish range. I got out today for a small profit and put all of that towards TRX. [Reply]
I put $1000 into GDAX 10 days ago and have been essentially day trading to get my feet wet. Up over $1400 now. Looking to take the house money portion on this and start putting some into the alt coins out there. I was going to go into Ripple but the comment from ChiefRocka regarding business size made so much sense to me that it really did seem like it was in a definite bubble. Add to the fact that they can flood in new Ripple each month(yes I know they said limited quantity) and I just chose to stay away. I'll get into a few alts pretty quick here. [Reply]
If you guys are into alts, let me tell you about the one where I've made a small fortune. The coin is Ark - today it's trading at about $10 a coin and the market cap is right at $1 billion (plenty of room to grow). The exciting part is that you can vote for a delegate and get free Ark - the more Ark you have, the more you get - I currently get 4 free Ark every 2 days. Read up about Ark at ark ecosystem on reddit if you are interested - this bad boy has some great tech and some serious long term potential. [Reply]
Originally Posted by Matt Nagy Man:
If you guys are into alts, let me tell you about the one where I've made a small fortune. The coin is Ark - today it's trading at about $10 a coin and the market cap is right at $1 billion (plenty of room to grow). The exciting part is that you can vote for a delegate and get free Ark - the more Ark you have, the more you get - I currently get 4 free Ark every 2 days. Read up about Ark at ark ecosystem on reddit if you are interested - this bad boy has some great tech and some serious long term potential.
Financial advice on your first post? Bold strategy. [Reply]