Crypto Prices Jump, Here Is What It Means (This title is total clickbait)
Yesterday saw crypto prices pop across the board (almost). It doesn't really mean anything but most people will think it does and they will go looking for answers so I may as well take the opportunity to share my point of view and get some views.
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That news story from CoinDesk about the ETF:
https://www.coindesk.com/sec-commissioner-says-bitcoin-etf-will-be-approved-eventually
Weiss Crypto Portfolio (My Affiliate Link That Earns Me Commission):
https://weisscryptocurrencyratings.com/reports/WCP/ev/?ec=PWCPUC02&sc=CVRS&campid=WCP2018-12
Hi there, pump the price one day?!!.. LoL , I did fomo a little and bougth just a little of some of my favorites ...
Buying because of a fomo is not a good strategy :o ;-)
Thanks for the advise, I'm only human ,,, more of a holder, but defenitly not a trader ...
This is what the market should do all the time - just go up! :D
You came across quite serious and disillusioned. The news are, that the space is still not ready for a new bull run. There is no real value for the regular guy in sight. Store of value? Passive income? Investment opportunity? Here and there some pump and dump and some new "bitconnect" alternative. But sustainable game changers are still not in sight and probably will not be for some time. Still, there are a lot of constant activities going on playing around with the new possibilities. And since there is a need for innovation it is only a question of time for the next breakthrough.
🤦🏻♀️
A bit of green is nice to see and brings back fond memories ...... however, I think there is still a way to go (back down unfortunately) before we see the full return!!
It was nice to see green on my Blockfolio, even if its probably only temporary. I still remember the days when it was a sea of green almost all the time, will be nice when that happens again.
The bottom will happen at some point and we will not immediately know as given how long the cycle has been, it may take time to consolidate and grind higher as an exponential gain is out of the question given the market dynamics currently in place with a more mature market and type of participants.
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