Some of the biggest losers the most hyped coins, but also most volatile with lots of potential

in #cryptocurrency7 years ago

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Not all losses are even. There are some safer havens in this crash than others. But this could also be a buying opportunity for some of the more volatile coins if you wanted to diversify your portfolio. These coins have a strong belief base to get them to that position in the first place. BitCoin is the steady grower and has suffered the least. I still think there is going to be more down trends in the future. I hope you all have silver and metal to back up.

Finding a safe haven in this mess can be tricky. At the moment BitCoin is holding pretty well. There have been lots of coins that have had some major gains in the last few months which are getting hit hard. Huge growth in a few weeks is a good sign the coin has been hyped up. There are good and bad things that can come from hyping, is that it gets recognition and therefore more investment to develop the coin. So there are big losses to be had but also big gains.

So my plan at the moment is to take a BTC out, Pay off some power bills, have some saved for a bigger drop. Get some ETH into the exchange and trade it for some of the more volatile coins. Like STRAT would have been a wicked pickup at 2.50!!!!