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Anyone jumping in on crypto (Aug 2018)?

  1. #1
    Cootehill African Astronaut [my unsymmetrically blurry oregano]
    Bitcoin: ~$6k
    XRP: $0.34 (can't crash the way normal investments do)
    EOS: ~$5
    Etherium ~$360
    Monero: ~$110
    https://coinmarketcap.com/

    The market was down about 10% yesterday, but these are somewhat attractive prices for Bitcoin at least. These are down between half and a quarter peak prices last December, and low summer and high winter prices are one thing you can generally rely on in crypto.
  2. #2
    A bought a few hundred at around 6300 and was going to get rid of it at 75 and then again at 82, but I didn't want to buy anything at that point in time.

    I don't check crypto everyday, but I saw that it was crashing pretty hard a couple days ago so I about broke even spending some at 68000.

    But that's the thing, I only buy it when I'm looking to spend it becuase I have no confidence in crypto, especially this year.

    I don't think it's even hit bottom necessarily. I think the speculators are starting to get demoralized and could slowly start to back out of crytpo one by one, causing more of these small 10-15% selloffs and breifs stabilizations.

    What I don't have a good grasp on is where I think it's actually going to bottom out at. It could very well go up here for a bit but if I had to give a rough estimate, I think in the mid term it won't hit bottom until low 4000's-low 5000's.
  3. #3
    Cootehill African Astronaut [my unsymmetrically blurry oregano]
    Bitcoin: ~$6k (the only one holding somewhat)
    XRP: $0.25 (can't crash the way normal investments do)
    EOS: ~$4.39
    Etherium ~$265
    Monero: ~$80
    https://coinmarketcap.com/

    LMFAO
  4. #4
    PrettyHateMachine African Astronaut
    crypto currency is just a meme
    it literally has zero value and is as legitimate as gold money from an MMORPG
  5. #5
    Rock_N_Rollover African Astronaut [my obsessively old-time raunch]
    Only for trading.

    Nothing else.
  6. #6
    Cootehill African Astronaut [my unsymmetrically blurry oregano]
    Who was shilling this coin:
    https://coinmarketcap.com/currencies/sumokoin/
    Pretty impressive, $10 to $0.10
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