Massive Bitcoin Crash!!

in #bitcoin • 7 years ago

OMG only up 37% in the past month! >> If this puts a smile on your face during these past few stressful days, please show some love with a like and a resteem. I'll follow all who do. Good luck to all!

Screenshot_20170904-232333.jpg

#cryptocurrency #ethereum #icos #blockchain
7 years ago in #bitcoin by
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    • [-]
     7 years ago  

    its done :( no more buying

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     7 years ago  

    The Blockchain is a great technology and for the time being we can expect that emergent nature of the community will overcome all the bans, governments and restrictions and to continuously change technology on its way.

    Having said this it's very difficult to bet on the right crypto, which one will be the one that will solve the specific issue of the moment?

    My suggestion would be to:

    • yes spend time to select cryptos and tokens, look at graphs and read about teams and regulation
    • but always maintain a portfolio of cryptos so that you are not too exposed to idiosyncratic risk

    I wrote a small series on diversification benefits and the income that can be created through it.

    CryptoPortfolio - Extract a "diversification dividend" - Part 1: Geometric and Arithmetic Returns
    CryptoPortfolio - Extract a "diversification dividend" - Part 2: Portfolio Risk and Diversification
    CryptoPortfolio - Extract a "diversification dividend" - Part 3: How to make 8% more per year

    I would be grateful to anyone who wants to take a look and let me know what he/she thinks! Thanks

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    [-]
     7 years ago  

    Let's not get ahead of ourselves. A crash is a big word. You should call it a SALE. we are having a sale and so maybe everyone should do some more shopping.

    [-]
     7 years ago  

    You read the post, right?

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       7 years ago  

      This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond Please consider upvoting this comment as this project is supported only by your upvotes!

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        [-]
         7 years ago  

        Actual price 4500$, but yeah the drop was huge.

        Thanks for share man.

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