Gridcoin is rebounding
Gridcoin, just like all altcoins I know of has suffered with BTC and lost 35% of its value overnight. This, shortly after a long overdue price correction that saw its value triple for a moment, before settling in at roughly double its previous value. Now it seems the shock of the crash is over and gridcoin is rebounding to its pre-crash value, despite Bitcoin staying at roughly 2200 USD. Maybe GRC is not just rebounding, but soaring to new heights? We will see.
Charts source: https://www.coingecko.com/en/coins/gridcoin-research
Please excuse the obvious lack of familiarity with both investment/stock trading and cryptocurrency terms, and the lack of depth. I'm a bit of a fish out of water here and should stick to nutrition articles. I just wanted to share this piece of news and my optimism for Gridcoin's future, as I love the idea behind it.
Carry on.
I managed to get half a Bitcoins worth 12 satoshi above the minimum.
Yeah!
Means at the moment I am at about 60% profit. May the rising price soar on!
And if not, I just put it into my stash ^^
Well done! I wish I had had any kind of liquidity at the time ^^
I had to sell something (0.2BTC) at ~20% loss but it was the right decision :D
Well done, you gained a follower :)
Cool, thank you :)