XC is heading up again, stop freaking out it hasnt even been 24 hours. Investing requires holding your investment longer than hours, days, or even weeks or months.
Good luck with that.
http://www.cryptocoincharts.info/v2/pair/xc/btc/poloniex/10-daysI've been waiting to buy in, will wait till it gets to 0.001. You can thank me later for the headsup.
You must be new here. Welcome to crypto.
Thanks.
Retired day trader here though. Definitely not new.
Pretty strange a retired daytrader is not remembering the very early bitcoin days. Why exactly did u retire? ^^
Bitcoin bubbled up and it bubbled right back down. Don't get me wrong, ill invest here, the team behind it shows promise. But it's going to 0.001 before it gets to 0.01.
http://www.cryptocoincharts.info/v2/pair/xc/btc/poloniex/10-daysIt's going to continue swinging up and down with lower highs and lower lows. Until a final crash probably tomorrow, maybe today.
If you can't see that then that's your problem.
Speak to me tomorrow, you'll know why I'm retired then.
Ok. So I missed the bottom ever so slightly. Apologies for that.
Anyways, A few notes,
Firstly, all this talk of manipulation is completely false. What your seeing going on is the price discovery phase of an extremely volatile market. Anyone who shouts manipulation clearly doesn't understand that this is all perfectly normal and expected.
Secondly, if we break up past 0.0025 in the next few hours we could easily test 0.0036 again within a few short space of time, this won't be one big jump, but swings up and down until the test. If it fails, which I think is far far more likely, were heading back to 0.0016-0.0019 range while the volatility settles, before, what I expect, a huge rise after the weekend breaking past the 0.003 barrier.
thirdly, I don't think the floor is stable at 0.002, but any fall below 0.0016 is an immediate buy. The reaction when we got to 0.0013 was ridiculous and I don't expect it to go any lower. If you see the price this low I suggest you buy before I do.
Fourthly, don't worry too much about the price. From the research I've done this coin has a future in the top 7 easily. It's going to swing up and down naturally in this phase, if you get emotionally attached to money just don't check the exchanges. It's as simple as that.
Fifthly, mods, deleting threads is an absolute last resort. Seriously. Unless someone is coming here spreading obvious bullshit then keep the posts, the whole we will delete anymore questions about that jake guy does allot more damage than someone just not getting a response. Shit like that is the biggest of red flags to serious investors.
Anyways. Happy Friday. Its going to be an interesting weekend. I'm putting my neck out here and guessing on the price settling in the high 0.003 range by Monday.
Peaceeeeeee