Cryptocurrencies are very fragile
Their movements by minute very agile
Don’t buy them less you
Lose your money too
Currencies currently too volatile
Alan Grace
18 January 2018
What sort of creature is Bitcoin (and other cryptocurrencies)?
A very speculative investment at best.
From a high of about $19,500 in December last year (2017), Bitcoin this morning (7.40 am NZ time) was down to under $8500, less than half what it used to be worth. See:
https://www.vox.com/energy-and-environment/2018/1/18/16901422/bitcoin-price-crash-energy-emissions
On 3 February Bitcoin went below $8000. See:
http://www.thisismoney.co.uk/money/markets/article-5344379/Bitcoin-plunges-8k-fall-55-2018-peak.html
From being worth over $1.60, Ripple is now worth less than 85 cents.
Update 10:45 pm (NZT): Bitcoin now under $8000; Ripple less than 80 cents!
Do not invest any money in cryptocurrencies that you cannot afford to lose.
Daily prompt: Creature
See: https://aaamazingphoenix.wordpress.com/tag/bitcoin/
At 7.40 am this morning:
At 7.00am:
And at 7.50 am Bitcoin was below $8400:
See: https://coinmarketcap.com
And just before 4.30 pm (NZT), Bitcoin under $8200 and Ripple just over 80 cents.
If you think you want to buy, soon may be a good time although very risky.
