Geez there's nothing more boring and watching cryptocurrencies go sideways.
I like action like we saw in early February, when everything was crashing and it was the end of the world. Those are the fun times :)
People be like...
Now there's little to look at...little to analyze. I like movement. I like to be able to predict support and resistance levels. Just like I called the $6K bottom and the recent $9K top. I love that stuff.
This sideways stuff has me like...
Do something! I don't care if you go up or down...just do something Bitcoin!
Here's the last 30 day trading volume for Bitcoin:
The most recent melt up from $6K to $9K was done on little or decreasing volume. I'd like to see a move in either direction...preferably up, but with some volume. We need some conviction from traders.
Meanwhile, I continue to add to my Steem position. Buying the dips. I missed the dip to $2.60s. It happened so fast and I was sleeping :( Oh well, there may be others. Like I said before, I like the long term viability of Steem. Plus having Steem earns you Steem. It's the currency that keeps on giving, like a hooker with with an STD.
Speaking of hookers...did anyone buy into the Vice Industry Token? I thought about it but then they kept pushing their crowdsale date back and I got cold feet. I don't think the market crash helped with demand. Probably a good idea for them to push it back.
Anyway, hope you all have a great day!
With Love,
Chris
P.S. Don't forget Valentine's day is in 2 days.