Pale crypto tunalia. BTC this early week reached a high of 63k na Ethereum 2200 USD. Xrp nayo ilipump ni kama iko on steroids from 0.7 USD to high of 1.8 USD.
Ghasias thought BTC will break to a high of 80-100k. Kumbe the joy was short lived.
Kitu ikaanza kuplummet. Wacheni Kwanza nipanguse machozi.
Luckily I liquidated kabla ishuke kama rating za uhunye pale Mt.Kenya.
[ATTACH=full]359940[/ATTACH][ATTACH=full]359941[/ATTACH][ATTACH=full]359942[/ATTACH]
@girlciki93, kuja uelimishe huyu jamaa about crypto vis-a-vis fiat.
Ama the pia wewe una ile dhana ya kishetani ati only thing that a woman should give a man for free is poison? :D:D
https://www.coindesk.com/bitcoin-price-falls-8k-to-3-week-low-altcoins-crash
Bitcoin nosedived to three-week lows early Sunday, puncturing the frenzied speculative bubble built into several alternative cryptocurrencies (altcoins) in the wake of Coinbase’s recent debut on Nasdaq.
[ul]
[li]The biggest cryptocurrency by market value dropped from roughly $60,000 to $52,148 in 15 minutes during the Asian session, liquidating almost $4 billion worth of positions in the derivatives market, according to Messari’s Ryan Watkins.[/li][li]While the exact reason for the sudden crash is unknown, the market mood may have soured due to rumors that the U.S. Treasury is planning to charge several financial institutions for money laundering using cryptocurrencies. CoinDesk has been unable to independently verify any pending government action.[/li][li]At press time, bitcoin (BTC, -8.92%) is changing hands near $55,600, representing a 12% drop on a 24-hour basis, while ether (ETH, -10.6%), the second-largest coin is down almost 13%.[/li][li]Other altcoins such as XRP (-18.99%), polkadot, litecoin (LTC, -18.29%), bitcoin cash (BCH, -19.96%) have 17% to 20% in the past 24 hours, while dogecoin (DOGE, -11.1%) is nursing a 6% loss, as per CoinDesk 20 data.[/li][li]Payments-focused XRP and meme cryptocurrency dogecoin recently saw huge retail-led price rallies as Coinbase’s hotly-anticipated listing on Nasdaq on April 14 created general euphoria around the sector.[/li][li]Bitcoin rallied above $60,000 in the days leading up to Coinbase’s listing and clocked a record high of $64,801 on April 14.[/li][/ul]
Ulikuwa una invest long term or short term?
Hiyo doh uli invest ilikuwa hot money haina kazi ama ilikuwa na matumizi?
Sina experience na hizo samo but sahile wasee wana panick sell na nina understand the fundamendoz…ningeongezea kiasi na ni hold position.
Hiyo plummet ni ya cycles ama ni wasee wana profit take?
Chunguza kabla uingize maji.
Better stick to mining it is safer
I just copped another fraction of Bitcoin because I’m confident it’ll be $65K by midweek. In the last two hours it’s already recovered from $52k to 56K
Watu wa kuuza bushary kama @Motokubwa na wakutengeneza turedio tukae wapi tuone hii mushezo?
Endelea kukula AdSense bila kusumbua elders khasia.
Mjamaa Niko common tuma kakitu niongezee majug kadhaa. Huku tumefungiwa ndani msiki ni kwa earphone.
Lol. Niliona hii pahali. :D:D
tupatie procedure ya kununua na kuuza, app tuweke gani, wengine wetu tunataka kujua ii vitu lakini masomo yetu iko limited
Apparently I am the only person who is not curious about this cryptocurrency rush…
Brare fukin waruchieth tafuta maasai udanganye
Idiots treating MONEY as a commodity. It will end in tears.
By end month naingia na 1000USD
how do you do this mkuu?
@girlciki93 [ATTACH=full]359971[/ATTACH]
54k and dropping on Robin Hood.
Investing in BITCOIN is the same as taking your KSH and buying USD as an investment. Hoping that other idiots will also buy and rive the exchange rate higher. It is both stupid and lame. No good is being produced. Imagine investing a billion shillings in mining rocks which have no value. You are simply hoping that some idiots will buy the rocks, split them into smaller rocks and sell to others idiots down the pyramid. The idiots low in the pyramid think they be able to buy a house using the rocks.
[COLOR=rgb(226, 80, 65)]Is it a pyramid scheme?
It might not be as obvious as a pyramid scheme but there are some similarities. The people who bought into digital currencies have a keen interest in recruiting others to continue purchasing these currencies. The more people that get involved and buy into crypto, the higher prices will go. That means those at the top, the early buyers, will become even wealthier. In fact, 1,000 people own 40 percent of the entire Bitcoin market. That means relatively very few people are getting rich from Bitcoin. For the bottom tier idiots, it will a huge waste of bundles, time, and electricity on the Internet. The opportunity cost is big. Same with those [COLOR=rgb(226, 80, 65)]FOREX TRADING mega idiots.
Remember. Always the price of bread, chicken, or petrol will be a certain percentage of median income (no matter which currency you are using, even rocks)…