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Take note, high-risk investors: now is a good time to buy.
I got some ETH at $230-$240 range but it would not surprise me if we see a $170-$180 range (next resistance level) the next hours.
> The cryptocurrency traded at $3,601.40 at 7:58 a.m. in New York, far below an all-time high of $5,013.91 set earlier this month. That's a 28% drop from the high. For normal securities a price drop like that in less than a month would be considered a crash. Does it count for BTC as well or are the elevated levels at the start of the month with too thin a volume to be considered legit?
In cryptocurrency world 10% daily change is considered normal. The markets were extremely volatile in the past and as years pass by they become more stable. We are not there yet but I believe in the future as the market cap increases and more people get involved the price will stabilize more and such changes will be considered a crash. Also do not forget the people that had money in BTCC exchange. I suppose many of t…
"Tesla Sinks 20% From High — Entering Bear Market Territory — As Concerns About 'Bubble Stock' Mount"
https://www.cnbc.com/2017/07/06/tesla-shares-plunge-12-perce...
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In cryptocurrency world 10% daily change is considered normal. The markets were extremely volatile in the past and as years pass by they become more stable. We are not there yet but I believe in the future as the market cap increases and more people get involved the price will stabilize more and such changes will be considered a crash. Also do not forget the people that had money in BTCC exchange. I suppose many of t…
Tesla is considered an infamously overvalued stock, and even Elon Musk has publicly questioned the price in the past. It has had the highest number of shorts for any stock. Despite making 1/100th as many cars as the big manufacturers, it has a market cap higher than Ford and GM. That is not exactly a great comparison. A normal blue chip won't fluctuate more than ten percent in a month, let alone in a day. But currenc…
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I got some ETH at $230-$240 range but it would not surprise me if we see a $170-$180 range (next resistance level) the next hours.
Same here. I'm trying to figure out how to short ETH. Unfortunately, I'm a noob and don't know my way around.
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I got some ETH at $230-$240 range but it would not surprise me if we see a $170-$180 range (next resistance level) the next hours.
Same here. I'm trying to figure out how to short ETH. Unfortunately, I'm a noob and don't know my way around.
Another way of shorting is to get an ETH loan from someone, covert it to $ and then wait for ETH to fall. When it does you can buy more ETH, pay back the loan and keep the profit.
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I got some ETH at $230-$240 range but it would not surprise me if we see a $170-$180 range (next resistance level) the next hours.
Resistance level? It's 2017 and you still believe technical analysis BS?
Earlier quoted context omitted.
Same here. I'm trying to figure out how to short ETH. Unfortunately, I'm a noob and don't know my way around.
Bitfinex is probably your best bet.
EDIT: bitfinex doesn't work on the machine I'm using. Guess shorting will have to wait for later.
Bitcoin almost defines volatility.
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I got some ETH at $230-$240 range but it would not surprise me if we see a $170-$180 range (next resistance level) the next hours.
Resistance level? It's 2017 and you still believe technical analysis BS?