Do you think the crypto market will bounce back after the bloodbath overnight Saturday? Or do you think there is more pain?
My view is the reasoning used for the sell-off, lawsuits and money laundering charges doesnt really have any long term impact beyond the initial fear. I think we might waffle for a few days at most and then head higher.
Posted Using LeoFinance Beta
I agree! I wish I wouldn't have fucked off and invested in a failed project or obvious scam.. I’m realizing now that a few thousand isn’t anything to really play with (for a guy like me) and I shoulda been playing my cards a lot closer to the chest.
Especially because I’m just starting out in crypto and learning the ropes.. looks like I learned the hard way :/
https://peakd.com/hive-167922/@unorgmilitia/we-got-rugged-fuk-bud-defi
I learned my lesson, and that is that I shoulda have stuck with CUB and been happy, or shoulda figured out how to invest a couple hundred here and there into the project others who are knowledgeable are talking about and impressed/excited by.
This is 5k I no longer have to invest in the future of crypto. I need to learn to HODL
DeFi is a risky arena and not so much by the risk of the returns but of exit scams and what not.
That is why I go with those I trust. I believe in Khal and Leofinance so I have no issue with my money there.
Anything else, not so much.
Posted Using LeoFinance Beta
Yea I’ve learned my lesson. Thank god Im still hanging onto something. I’m not as adept as some folks on when the best time is to pull the trigger. So I’m just going to keep it simple and focus on powering up my hive, engaging curating, and invest a little at a time into some of those other crypto lottery tickets
It is honestly best to follow some of the advice on here (leofinance). There are a lot of intelligent people.
I think it would help to avoid the scams and bad moves. Few are looking to put their money into things that will lose.
Posted Using LeoFinance Beta
Yea that’s true! I’m definitely done doing my own hunting (for now) into “promising” “up&coming” BSC DeFi projects. I’ve definitely learned my lesson, and won’t be repeating those mistakes.
Let others check them out for you.
Besides, if it is a good idea, odds are CubFinance will implement it in the future.
Posted Using LeoFinance Beta
Yea seriously.. that is my plan moving forward.
I don't know but I kind of expect crypto to get some more pain. Its more of a critical rest of the month for the stock market if they want to keep making it go up. It makes sense to me that they want to make people scared in crypto and move back into the traditional markets.
Posted Using LeoFinance Beta
I think the equities market keeps inching higher into May. We might see a top then.
There will likely be volatility but I foresee the trend higher.
May might signal a reversal. It is the time of year when that can happen.
Posted Using LeoFinance Beta
Yea I think the market will have a sell in May event and I wouldn't be surprised if they move money out then to match the seasonality charts.
Posted Using LeoFinance Beta
The thing that is giving me pause to that thought is the capital flow internationally.
Europe is a shit show. They along with Japan blew up their bond markets. We are doing something similar. Right now you can either go junk or no rating to find a return.
I have a feeling we are going to see capital controls coming in. These areas cant allow capital to flow out. China is already restricting and I wouldnt be surprised to see Europe do something similar.
Thus, before that hits, money will flee.
Posted Using LeoFinance Beta