Not going to lie, if I saw your message 5 minutes ago I probably would have still did what I did. I sold some Ripple and bought in.... LOL. I didn't touch my ETH or Bitcoin, just some Ripple. Hopefully it won't bite me in the ass. You are absolutely right @hilarski, but some men just want to watch the world burn.
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I don't know either, but I do know that I have bought high and sold low on too many crypto.
For me waiting even a week after a dip would have paid off greatly.
So if it drops, don't panic!
Best of luck and see you at the top!
I was thinking exactly that right after I bought Omni at 300, then bought again at 140, then sold it at 114. Dumbest panic trade of my life and of course it eventually rose back. I learned my lesson. It's never fun watching the screen, with swings like that, invested in something you know nothing about.
I would have been better off, if I got up from my desk and just took a nap. But, I wanted action, and I got it.... LOL.
bad trades are good lessons imo. i had a similar experience on ETH this week. ive learned to always use a stop loss and stick to it. heres looking up.
Also what are your views on Steemit as a digital currency outside of the Steemit ecosystem?Absolutely. @songbird what are your thoughts on the BAT (Basic Attention Toekn) ICO? I tried to get some today but they sold out within 34 seconds. Do you think everyone who got 6400 will be a millionaire in the next coming months or is it going to take longer, or is the business model of the company an impossible task?