--morning--
This morning my portfolio dropped like 8%..... well shit. i am still gonna hold on
i really dont understand all this market behavior because all i keep hearing about is really positive news. last year when i got involved with crypto the market was just launching into crazyness in june. i am hoping that the people who are manipulating and driving this market will cash out and let things progress naturally with the way things were going more naturally. it will be hard to take much more of this. what do you guys think? feel free to vent.
--main nets launching/erc20 too hard--
i have been thinking... EOS main net launchedbut people who hodled, walked away, or went on vacation probably didnt register their wallets and now their eos tokens are useless. now i have heard that when trons main net launches people will be able to convert their tokens at any time which is similar for other projects i can presume... but wow what about all these thousands of cryptos we have now... how many of them do i own that are only tokens and that i will have to register "someday" .... guess i gotta do research but the general public doesn't have the patience for this. if people lose money on this they are going to shout scam... it might not be, but people will claim it.
--coin tracking services--
today on youtube the modern investor mentioned a new app that can track hundreds of exchanges/wallets to tell you some basic statistics. one important one is how you are doing on trades or holdings. i use cointracking.com which is pretty damn good but its the best one currently out there. cointracking.com requires payment though but it is worth it for getting your tax stuff together. the free versions are ok... but data entry is a real pain if you have hundreds of transactions and API connections are "ok" but not great. I'd like to see some huge innovations in this area of software or people are going to get really lost not too long from now.
--market crashes--
the market is crashing hard coin. market cap says bitcoin dropped 10% today... good lord.... everything was looking great... though looking at the 4hr , TA wise, bitcoin was heading for an acending wedge which is a bad sign so i might have predicted what happened... either way the next support level is around 5K. what a monkey show, man!