Post by
stingray88 on Dec 28, 2020 4:06pm
Unfortunate Timing
With the mkt being closed for 4 consecutive days we missed the party. Now that we are set to reopen Btc is crashing back to reality. Off $1500 (time of this writing) from Sunday's high. At least Ether is holding up very well. Things happen quickly here so hopefully it's just a breather from it's latest sprint up. Do the chart guys have any input?
Comment by
Bac0n on Dec 28, 2020 4:30pm
its only $140 shy of 27,000. take it easy chicken little the sky isnt falling.
Comment by
stingray88 on Dec 28, 2020 4:34pm
Ok Boss! Anything else you want to discuss on a Hive bullboard?
Comment by
Hawker17 on Dec 28, 2020 5:04pm
When the market closed bitcoin market cap was 435b and bitcoin was 23500 as of right now we are at 497b cap and 26600 i would say we are doing ok for tuesday morn ether was 69.4b market cap and 609 as of right now we are 83.3b and 728 again i think we are right in the thick of things
Comment by
stingray88 on Dec 28, 2020 5:20pm
Hope you are right hawk! I bought 10,000 shares on Thursday for my flippers $2.02 ( hold long term too). I would hate to see those flippers erode over night. Was hoping to sell them at the $2.75 -$3 range and most likely would have today.
Comment by
farmboy123 on Dec 28, 2020 5:09pm
Stingray, you sound like a short seller. If it looks bad to you, sell your shares. Hive produces much more Ethereum every day than Bitcoin. Since a few weeks ago, both of these coins are flying. Hive will do well tomorrow and the trend up has only started. There is much more acceptance of Crypto than there was in 2017.
Comment by
stingray88 on Dec 28, 2020 5:25pm
I can go both ways, I'm primarily a trader as opposed to an investor. Been burn't too many times in the mkt drinking the KoolAid. not saying this is a bad stock.
Comment by
farmboy123 on Dec 28, 2020 5:39pm
Thanks for the honest clarification, stingray. It should be an uptrend this week.