CoinSheet - Jun 28, 2017
CoinSheet - Jun 28, 2017
◤WHAT PEOPLE ARE TALKING ABOUT
The cryptocurrency market continues to dive. The downward momentum isn't over yet.
Bitcoin regains some of its crypto-market dominance.
In Adoption: IMF urges banks to invest In cryptocurrencies. And Barclays pitches UK finance regulator on cryptocurrencies.
◤OPINIONS
To all you "hodler's" out there, volatility is the name of the game. I'm going to reiterate a point Schmitcoin made yesterday on his morning twitch stream. People who tell you to hold when you're losing money are saying that because they're losing money and they want to feel better. Don't just sit there while the market is going down and your profits keep slipping into the red. There's no glory in losing money.
If you aren't going to take advantage of profit opportunities, why are you on Ethtrader and other cryptocurrency subreddits? Why are you always complaining about Coinbase, are they making hodling difficult for you? Why are you always on Twitter trying to get the latest news? Why are you so curious about when is a good time to buy or sell? For someone who's hodling, you sure as hell seem interested in not hodling.
Anyways, if you're butthurt, it's because you're losing money. I know I didn't offend any real hodler's because they're at home with their families, or at the beach, or I dunno, painting? They're probably somewhere doing something productive, not refreshing GDAX prices. So remember kids, we have decent traders, and shit traders. Hodler's are Unicorns.
On a side note, I propose a new drinking game. You take a shot of Coca Cola every time you see reference to the quote below.
Fun Fact: Mr. Buffett family name is derived from their insatiable appetite for economically priced, all-you-can-eat Chinese cuisine.
◤THINGS I LIKE
How China’s Central Bank has cautiously began testing a cryptocurrency.
◤QUOTE OF THE DAY
“Wealth is not his that has it, but his that enjoys it.”
◤IF YOU LIKE THIS YOU CAN
I appreciate everyone's support and feedback. Much love.