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RE: Was this week's crash caused by a loss of confidence in Ethereum or are cryptos being manipulated to fail?

in #ethereum7 years ago

I look at it like this, at the moment I'm making money from cryptos so manipulation doesn't stop me, actually I benefited from last week's crazy market. But I'm going to stay diverse, not too much in one crypto and maybe a little gold/jewellery.

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I wish I had enough to take advantage of last week's downturn...most cryptos have essentially recovered already. Ethereum is back over 300...and definitely gold and silver are surging the past couple of days because we are (unofficially) in a recession. It is going to get a lot worse, so crypto/precious metal adoption will become even more mainstream.

At this rate you'll get plenty more chances to buy low don't worry.

I hope youre right! Saving up! Get some gold and silver, they are more stable and people flock to them during seriously turbulent times. Also, I followed and upvoted you. lmk if you are interested in joining a steem engagement group!