If you were to buy BTC, LTC, ETH or STEEM what colateral would you use ?
We have a dumps on everything. So my question is - if you think its a good time to buy would you:
- buy altcoins with BTC
- buy BTC with altcoins
- buy BTC/altcoins with fiat
Do i think its a good moment to buy? No idea. I just wonder if people are more keen on spending crypto<->crypto of put FIAT in the middle when buying.
Hard to post charts or what people say during this time but its worth a chat here and see what hivemind would do.
Markets
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Xrpthestandard no 2. Every time xrp is above eth, market is extreme.
I will buy a whole bunch of steem... I hope the prices tank further by Friday evening
Considering I bought my steem at the top, it will be a LONG time before I buy any crypto ever again. I was the last greater fool. I have never bought anything ever that lost 95% of its value in 6 short months, and I still can't quite cope with that. I would have been farther ahead buying scratch lottery tickets. Will it come back? I have no idea.
Okay, maybe if steem slips down below .30 I will be tempted.
Don't beat your self up too much over it. I caved into the hype as well and got a few orders in just before the big dip at the start of the year. These orders have now become extra-longterm hodlings.
Granted, these losses are offset a little by some good purchases I made earlier last year, but I can still feel the sting.
Chin up and weather the storm with us!
Buy alts with btc. Maybe btc with fiat when it arrives somewhere near the floor...
I hear your pain, but don't make the mistake of not buying at the bottom. You don't want to make another purchase at the top of the market.
I'd like to see it for 15 cents, but I don't know whether we will hit that point.
We probably will hit 20cent-15 cents, we still haven't bottomed on btc
Remember that buying now reduces ur average buy in by a lot!!
Lesson learned.I only buy coins at all time low's,and this strategy seems to work for me 100%.No losses.
All true, but if everyone waits for the bottom, getting there will be just that much longer. And if there are no fools to hold the bag, the moonshots never happen. In the end, a market that appreciates a few percent a week is way more healthy then one that bounces 20% in a day.
Cryptocurrencies are extremely speculative but offer asymmetric returns. I would put some money in Doc.com $MTC and Safe Exchange $SAFEX which offer the potential for 100x returns.
I would for sure but alts over bitcoin. Let’s go Steem!
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Depends if you have a fiat paying job.
My FIAT is reserved for my coffin payment @kingscrown
buy BTC/altcoins with fiat
Only if you like falling knives ;)
🤷♂️
hurts less when they go up
Wait a bit longer, maybe we see BTC at 3000 or less (and the rest of the market with it)
again it will hurt less to me
Buy BTC with dollaz