create account

RE: Why Are Cryptocurrencies So Volatile? When Will Prices Stabilize? by kolex

View this thread on: hive.blogpeakd.comecency.com

Viewing a response to: @scalextrix/re-ckcryptoinvest-why-are-cryptocurrencies-so-volatile-when-will-prices-stabilize-20170704t205530626z

· @kolex ·
Am i the only one seeing a bubble brewing with the cryptos?
With ICOs springing up all around and attracting the attention of gamblers as against investors (the difference is one places his fund baased on evaluation while the other just wants to cash in with the boom) and once there is a little blip in the ride there would be moves to either take profit or cut loses which would further depress the prices as there would be more sellers than buyer (law of demand and supply kicks in). This would result in the demise of most cryptos but a few would bounce back stabilise and be there for the long haul.
Good risk/reward consideration and funds management is advised in the coming months .

But hey! while you can make as much as you can.
properties (22)
authorkolex
permlinkre-scalextrix-re-ckcryptoinvest-why-are-cryptocurrencies-so-volatile-when-will-prices-stabilize-20170708t134312749z
categorycryptocurrency
json_metadata{"tags":["cryptocurrency"],"app":"steemit/0.1"}
created2017-07-08 13:43:18
last_update2017-07-08 13:43:18
depth2
children0
last_payout2017-07-15 13:43:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length739
author_reputation65,066,761,461
root_title"Why Are Cryptocurrencies So Volatile? When Will Prices Stabilize?"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id7,753,781
net_rshares0