I did try buying the dip but my experience is even harder. I paid those abnormal fees thinking that I would recover them as I am buying on the dip. But I never realised it was not the right price to buy. The prices went further down and down. Every one is saying buy further.
Yeah, we're still massively up from this time last year so it's just a minor dip for now. That China news wasn't anything new so I'm surprised it triggered such a rush.
As long as the cheap supply of money doesn't dry up, I still think we end the year higher. But who really knows lol.
Yeah. It reeks of manipulation. But people are weird.
I also somewhat watch the stock market and I'll never understand people.
I also don't understand why every thought of inflation makes people sell all their stocks.
With higher interest rates, the cost of borrowing money to buy stocks on margin goes up. So people who made a profit and borrowed too much sell.
They probably borrow again because I remember reading a study that stocks generally rise with interest rates up to a point. Then when interest rates get too high, it all crashes.
Yesterday when prices were dipping some guys I respect were not worried, they said it would recover very quickly, I should just watch. I watched and saw recovery. Cool. I bet you've recovered some of what you said here you lost, except if you sold out.
Really sad how hard it can be to purchase crypto with Fiat sometimes. Everyone should simply abandon those sites that are acting that way completely.
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I did try buying the dip but my experience is even harder. I paid those abnormal fees thinking that I would recover them as I am buying on the dip. But I never realised it was not the right price to buy. The prices went further down and down. Every one is saying buy further.
Yeah, we're still massively up from this time last year so it's just a minor dip for now. That China news wasn't anything new so I'm surprised it triggered such a rush.
As long as the cheap supply of money doesn't dry up, I still think we end the year higher. But who really knows lol.
Yeah. It reeks of manipulation. But people are weird.
I also somewhat watch the stock market and I'll never understand people.
I also don't understand why every thought of inflation makes people sell all their stocks.
With higher interest rates, the cost of borrowing money to buy stocks on margin goes up. So people who made a profit and borrowed too much sell.
They probably borrow again because I remember reading a study that stocks generally rise with interest rates up to a point. Then when interest rates get too high, it all crashes.
Yesterday when prices were dipping some guys I respect were not worried, they said it would recover very quickly, I should just watch. I watched and saw recovery. Cool. I bet you've recovered some of what you said here you lost, except if you sold out.
Really sad how hard it can be to purchase crypto with Fiat sometimes. Everyone should simply abandon those sites that are acting that way completely.
Yeah. Everything recovered a bit except POB which is like 85% of my porftolio. Lol.
I wouldn't sell no matter how low it gets. Most of my positions are so low, that transaction fee would ruin it and a lot of it is staked anyway.
"Selling" for me means, trading POB for hive and swap tokens. Prices aren't great for that right not. I wouldn't sell below $0.80 per POB.
Cool!
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