You are viewing a single comment's thread from:

RE: If It's Financial, It's Taking a Beating! Markets in Free Fall - A Great Time to Buy?

in #bitcoin7 years ago

Watching for the $4-5k range as it's near enough to the mining costs. Only time will tell. Seems equities are taking a breather before resuming uptrend as bond yields continue rising. In my view, not the time to be entering new positions in crypto nor equities, unless you're a latecomer to the party starving for yield - always a losing proposition.

Sort:  

With the regular stock markets nosediving at the moment it'll be interesting to see if the cryptomarkets follow them down, or if they start living up to their (no yet earned) potential reputation as "digital gold." If the latter, we should see some money flowing in, soon...