Hey Guys,
Just a quick dose of coin news before I go bed it's like 3am here haha.
Today we saw ethereum drop to $309 the lowest its been all week due to an earlier network failure.
What does this mean? sell,sell,sell,sell??
NO!
To me this mean buy, buy, buy!!
I initially bought ETH at a higher price and I've bought more because I still believe it has massive growth potential and what happened today was a bump on the road to $400 but how quickly it will get there is still tbd and we know it won't stop going up from there unless something crazy happens
At the time of this message ETH is $325 still a good price to buy and hold imo
Just so you know I am looking at this with a long term mindset.
But I am keen to get some steemit community chatter going and hear from you guys
Did you buy or sell ETH today and what were your reasons?
Also I use coinbase what other exchanges are good to use?
I don't like it when every time there's a move in the market coinbase crashes and I have no access to buy or sell :(
All suggestions are welcome!
Thanks guys :)
All the margin traders have been stopped out or margin called out of the market. Unless a whale comes in a drops a ton of ETH on the market this is likely a pretty stable bottom.
sweet! I would hope so. If ETH was to drop below $300 do you think we will see a huge sell off?
also do you use coinbase?
Looks like you missed the $13 buy in price. Wonder what happened there!
http://www.coindesk.com/13-ethereum-ether-prices-plunge-2500-gdax-exchange-flash-crash/
Oh it only lasted a fraction of a second. lol
I know right! Im still in shock imagine you put in a limit order for just $100 you would be smiling right now.
I need to use a different platform that can actually handle when the market moves unlike coinbase lool
What do you use?
I use Poloniex. There are some complaints lately about their service, but i'm quite happy with them so far. They charge relatively low fees (Maker 0.15%/Taker 0.25%, with less than 600BTC trade volume in 30 days, and the fees decreases proportionally if you are trading in higher volume.) Due to the surge in new active users and transactions, their website can be a bit laggy sometimes, so just be patient. yea. :D
Ok I get you! Thanks I will give that ago as I have been told about Poloniex aswell. Do you use the app for it?
Did you hear about the Antshares news today?
I just posted about it.
Check it out and let me know what you think please :)