Its a bathtub full of blood out there...

in #cryptocurrency7 years ago (edited)

...Only question is is the bathtub half full or half empty???

The optimists amongst us would say this is the time to scoop up cheap coins. The pessimists are locking the doors to their underground bunkers.

Nathaniel Rothschild famously quipped that the best time to buy was when their was "blood running in the streets." I'd say that the crimson is indeed a flowin'

My own gut feeling is that this market stands a non-trivial, maybe even good chance of getting clobbered over the next day... This viewpoint is being adopted by an increasing number of my robots... Although not a majority, yet... They do the trading, btw, so their collective mind is the opinion that matters! I've relegated myself to just controlling the power cables...

However, there is likely to be a lot of opportunity in this market during whatever comes next (i.e. lots of volatility to gobble up like pac-man). My motto is after all always be trading but that isn't to say there wont be plenty of scary looking mark to market losses along the way.

My thoughts are that the juice is worth the squeeze, but I'm being very cautious and reserve the right to pull the plugs at any time.

Steem had a very interesting pop up to $2.4 over the last few days. Although its pulled back significantly I'm watching Steem closely to see if this aspiring whale comes back over the near term. EOS has stayed pretty stable against Bitcoin and Ether as well and it will be interesting to watch if the uptrend continues after the rest of the crypto market stabilizes.


Follow @marketstack for more updates about trading, finance, and technology


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Thanks again mate for helping out with my mistake.
You're a champ.
Half full I hope, it's a roller coaster that you cant get off on, you open your eyes and you close them, you smile and you scream, you're excited and frightened, you want it to end and you don't.

But when it's finished you hop back on and do it again,
It's so addictive.

Best half-empty/half-full reference ever.
Interesting steam page. Started following you today.

lol thanks!

@marketstack thank you friend visit on my blog

now the situation looks like we are in a earth quake, just aware with its shock absorbed!

Thank you so much my friend visit on my blog

Great post! I see you have investments in STEEM and EOS like me. Have you looked into cardano?

Thanks for this cryptocurrency news update providing....I like your post.

There is no greater time to capitalise on the market than now but that does come with some extra risk.

If it does happen that the market turns bullish from this point people will be kicking themselves that they missed out on such cheap prices for crypto.

Thank you for the interesting post and keep up the good work!

If it does happen that the market turns bullish from this point people will be kicking themselves that they missed out on such cheap prices for crypto.

let's hope those of us who bought the dip are all looking back in a month and laughing... because we're rich mind you not out of despair!

Wanna talk bloody bathtubs? Try getting a profitable vote off without some ______ ruining the ROI seconds before voting..

I think it is a good time to buy cryptocurrencies now, but since it is uncertain if we've reached the bottom of the bearish trend, it might not be clever to invest in crypto-CFD.

yeah i think a crash is definitely a time where cash markets are the way to go vs derivatives

Thanks so much for upvote me i also do that.

Excellent analysis and I consider that Steem and EOS will be news

No worries, HOpefully we will see some good days too.

Thanks for sharing this analytic " the bathtub half full or half empty?"
Please, next time share profitable vote strategy content. @creativeidea

still figuring that out myself...

Thanks you my post
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Your writing is very beautiful to me.
I hope a better write in the future will give us gifts.
Thank you for sharing your beautiful writing.

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I'm sorry I had to LOL at this!

Thank you for these insights.

Thank you friends you have shared with me your kindness always remember

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Ah, I've always enjoyed your crypto market analysis. I can hardly follow the conventional forex market, let alone cryptos, so I'm not quite affected by the ups and downs of it. By hook or by crook, I'm going to continue steeming because of I'm really enjoying how the Steem economics work.

I like your post!!!!

We will wait for good times at good prices. Thanks!

Thank you @marketstack to your support.

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Thanks for support my post! I follow you, I do not have any idea abut finance but I learn with your blog. :)

Hi, I just followed you :-)
Follow back and we can help each other succeed!!@romyjaykar

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This line made me laugh!!!!! "The optimists amongst us would say this is the time to scoop up cheap coins. The pessimists are locking the doors to their underground bunkers." :D

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Thank you for your vote!! I wish I can vote for you too..unfortunately I still don't have the steem power to vote anyone yet... again I really appreciate your vote!!

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Informative post.Much obliged for sharing it

gtf outta here w this bullshit. if u r gonna copy n paste the same bullshit comment then self-vote it at least get the spacing right bro!!! fucking sloppy

Thank for your vote.

Can you send me 50 sbd please