In my last post I advised on buying tokens using the old cliche of 'buy when there's blood in the street'. It has been a bloodied weekend in the crypto market and up until yesterday it was still a bearish red market. Many fret and lost hope. I mentioned in the last post that time was ripe to buy.
After rain comes shine
The total market cap went down to about $9Bn from over $110Bn and then the miracle happened today when the market cap came back up to $107 billion. Amazingly, Bitcoin rose back to about $2600 and ethereum which plummeted to $240 is now back up to above $330 (miraculously).
The $1000 trick
In the midst of the bloodied market yesterday ethereum was on the low for $227.14 and back to $330 today. The trick was $2300 investment yesterday for $10 ether yesterday fetched $3300 today. This is the cooooolest $1000 I've ever seen. What an opportunity.
Lesson Learned
Let's learn not to fret in crypto and grab opportunity where the fain-hearted see blood or gloom.
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