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RE: Terrible day in the crypto markets...

in #bitcoin6 years ago

Always good idea to get the mind off of markets when they are like this. I have found it so fascinating to watch to be honest despite the decline (given the increase we came from). I am watching carefully as I think the risk/reward on some assets are looking enticing to get into...

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Which ones in particular?

I think that dramatic low prices will impact smaller protocols that are more centralized so Litecoin and Ether here look good as these could potentially benefit from failures of up and coming projects that will find it more difficult to fund themselves. Just bought some more of both today. Also, of course buying more STEEM (via SBD as I and just about to post in detail about).

If SBD could hold near its peg that would be a nice play right now. Last I checked SBD was trading down around $.83. I am so glad there were groups intentionally trying t push SBD prices down when they were over a dollar, sigh, where are those groups now pegging it back up to a dollar?!