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IMO it should have never went red. When the market opened bitcoin was sitting where it was when the market closed yesterday but someone panicked and set off a chain reaction. I'll hold until next week and get the price that I want for my shares. If we don't get above $2.00 today then maybe Monday it will get there.
Bitcoin just went green so it's only a matter of time before this moves back up fast IMO. I just doubled up my shares at $2.66
FYI Punxsutawney Phil said we have six more weeks of winter.
Nobody cares about that. If they did this would still be a penny stock. Check the chart before they said anything about blockchain. They were sitting around $.70 a share before it took off. The mining farm will be 100% profit within a few months and that's what people really care about.
Wow these are some idiots selling. Bitcoin already bounce and it's back at the same level it was when we closed yesterday and still going up. There was no reason to have a selloff today. Holly crap.
I think DPW is going back up.
Speaking of gold it just took a dive. So I hope you're not in the miners right now.
$1300 is how much it bounced so far as I'm typing this. DPW entangled its self into bitcoin went it bought up assets and decided to make a mining farm. So it kinda went the way of the gold miners in that regard. Without mining all you have to do is look at the chart and see it would be a penny stock like it was Nov 21st. Crypto is giving it value now.
The last time it dropped so much percentage wise was back in Sept. Then it went on to make new highs in Dec. We may look back at this point in a few months and say that was the time to buy.
Korea has found a way to get their tax money off of it and they trade a significant volume there, so we'll see. Right now it made it above the next level of resistance very quickly so we have to see if that holds now.
The selloff sent panic selling into action and if this pop holds it could trigger them to chase it and get back into the game. People that sold; that trade it all the time will try and buy it again before it gets to the price that they sold. So we could end up seeing everyone chasing the train again, so we'll see soon how this plays out.
It hit a support area and bounced a thousand dollars in two minutes with high volume. It may go lower but not today. Today it found it’s bottom for now.
Bitcoin is popping now. I guess it hit it's bottom.
https://www.dailyfx.com/bitcoin
Bitcoin hit support and had a nice bounce. I'm glad I got back in at the end of the day. It should be a green day tomorrow.
You under estimated a little.
Well it sucks to be me. I’m watching the action on my phone right now at my appointment. It might actually hit $14 today. I hope you jumped back in like you said you were. It’s better than sitting on the sidelines watching the action from afar like me.
I seen it. I'm getting ready to leave the house and just now looked at my screen. I wanted to sell at $13.60 but I have things to do and can't baby sit this all day so I sold when I started getting ready. I guess I should have just waited to sell as I walked out of my house. I'll find something else to get into when I get back. Good luck
I was wondering what kept it from filling the gap from the jump and then I found it. Credit Suisse put their target to $13.50 when it was on it's way up and that brought it back down. So I'm guessing it will be a slow climb up instead of a quick fill and I don't have time for slow and steady.
I'm out now. Good luck
If I hadn't have overslept I would probably be out already. I would have taken anything above $13.60
I'm still holding for now
I'm going for $14 tomorrow to see if the gap gets closed tomorrow.
I'm going to see how this flies tomorrow. I have to leave the house now so I hope they don't say something retarded again and kill my trade while I'm out.
She's going to reach it tomorrow I think. Unless the company does like they did last time and kill their own stock with some stupid statement again forecasting lower sales because of crypto mining. I don't know if you remember when they did that.
Did you jump on it?
I already have my sell order at $13.50
I'm in AMD at $12.83 the QR came out good for it but it's not taking off like I thought. I may bail soon.
I'll get back on the horse tomorrow. I was a little frustrated with myself today and just stepped back before I decided to do something dumb.
I have a ton of stocks on my watch list and 90% of them are red right now.
When I've seen it like this there is always one thing. They pull their money and cash is king.
The strange thing is gold isn't making hard gains today either.
http://www.stockmaster.in/gold.html
I would say normally it would. I think crypto has to adjust to the news out of Korea.
I was going to buy that if it hit $1.30 but it ran in the opposite direction.
Crap; I Screwed myself. I should have just stuck it out like you said. I thought I was about to be able to average down, but it's holding. I guess more people are interested in tomorrow than I thought.
Bitcoin just dropped below $10K be careful.
I held out to see if bitcoin would bounce at $10,000 and it didn't so I bailed selling at market trying to catch the $2.08 but ended up with the $2.07's I wasn't fast enough. I guess I'm not the only one watching the bitcoin chart. Soon DPW is going to take another dive again once people see the price of bitcoin.
https://www.dailyfx.com/bitcoin
I was trying to take a small loss at $2.15 on DPW but then it just dropped and left me hanging. Bitcoin is dropping again so I was going to get out.
Wow it's still running. I have my sell point sitting at $2.32 on DPW just in case it decides to pop then I'll take a profit.
I've got 2600 shares at $2.20 so it's just a waiting game. Tomorrow is their Webcast and I tried to get ahead of that. I didn't think crypto would drop that much today but I should be fine and be able to walk away green tomorrow. I should have just waited until today to buy, but it's always 20/20 the next day right.
Korea is a big chunk of the crypto market so I'm glad that they found a way to work with crypto there instead of shutting it down completely.
I was kind of hoping ford would drop down to $10.50 today. I'm trying to hold out for a buy at that point.
I have to wait until tomorrow to get out of my position in DPW, but good news is out for the Korean crypto market. They will get to trade with close tabs by the taxman right beside them. Bitcoin took a little hit today with the news but if it was a policy of a complete shutdown I think the bottom would have fell out. With a little time I think it's going to recover some of the losses. So at least one country is learning how to live with cryto. AKA getting their cut.
https://www.cnbc.com/amp/2018/01/29/south-korea-cryptocurrency-regulations-come-into-effect.html