For my inaugural post, I'm actually going to be following up on a twitter post from earlier in the year.
First, Here is my post and accompanying picks from January 8th 2018:
In this weeks #LessonsInCryptocurrency,
BlueStateMeatPuppet (@ShoreProgress) January 8, 2018
It's a three-parter:
1. Don't buy the dead cat bounce after an all-time high.
2. Don't take #cryptotrading advice from @CNBC.
3. #Ripple? Really? That's what you get.
See the vid @ https://t.co/A8rIrQFo4a$BTC $ETH $LTC $XRP pic.twitter.com/WnX6xAinjE
The overarching lesson that went unsaid was "Don't' trust CNBC for Cryptocurrency Advice". Maybe I should have spelled it out, (I did, didn't I. Maybe I should have used all caps?) because it seems CNBC has closed the circle on how absolutely uninformed (by chance or by design) they are regarding how to navigate this space.
Then this happened:
H/T @SimonDixonTwitt
CNBC teach you how to buy #Ripple $XRP at over $3 and how to sell at under $1. Anybody? Here is a link where they grilled me for explaining why #Bitcoin is undervalued at $300 too, but to be fair they we’re the 2nd major TV channel to cover our sector hard https://t.co/2PdVtAsJQ4 pic.twitter.com/e77YevLLMu
Simon Dixon (@SimonDixonTwitt) February 3, 2018
Somehow, I can't figure out what would have been worse investment advice.
Taking lessons from CNBC or lending to BitConnect.
Anyway, HODL on my peops.
