Portfolio update 11-03-2018
A complete disaster these days .. especially Bitcoin. Everyone expects the famous "Alts Season", but I am sure that we will no longer have the same earnings as in the past years ... or there will be few coins that will give that kind of return.
Of course, this "collapse" is due to a lot of FUD (Fear, uncertainty and doubt), especially to the fact that an old hacked exchanger named Mt.Gox had to sell (and will continue to do so) the bitcoins to compensate the old users . Fortunately, the compensation should be in national currency, Dollars .. but they are still many .. which will affect / have already affected the market.
From what I've read is rumored that they are barely 30-40% of the refund due ... we hope well, and above all hope that the next time will not sell them to the market but rely on some exchanger to not collapse too much the price.
For the rest, with regard to my wallet, I am trying to get rid of the minor coins and "take refuge" on the safest coins and in which I believe more.
I am currently accumulating Btc, Steem, Omg, Waves, Neo, Vet, Eth, Drgn.
Honestly, I hope that this downtrend will end soon ... although fortunately we are still uptrend on the support of > 1 year.
Thanks!
Don't get discouraged mate, everybody right now is facing the losses as their best.
Our job is simply to hodl. The market (driven by outside facts or whatever u want to call it) is clearing the weak hands.
When all this ends, we'll be sitting at a 50-70% loss from ATH (as we stand right know even with the safest coins).
I take the opportunity to invest more money to fill my bags with 'cheaper' coins which hopefully will break even in the following months (when next alt season comes).
Take a 'outside' job, spend time with family and friends, watch serie, travel a bit... enjoy the ride :)
Stay strong :), you're not alone.
having an "outside job" and put all the money in crypto is the best deal at the moment!
For future viewers: price of bitcoin at the moment of posting is 8718.80USD
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