Crypto Crash January 2018 (podcast/video)

in #crypto7 years ago

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Bitcoin and the cryptocurrency market in general took a huge hit in mid January 2018, with the total market cap dropping from around $750 B to under $450 B. This happens periodically, as the young market sees new media attention and new money flooding in from hobby investors and big institutions.

If you haven't seen this kind of crash before, if you're new to the market, this type of thing can seem very alarming, and it might have caught you off guard. For others, this is just part of the natural cycle of an emerging market where high volatility is expected. While newbies feel stick to their stomach watching the Bitcoin rollercoaster, experienced speculators watch calmly and take advantage of the bargain basement prices.

In this episode, Kurt explains the signals to look for next time when the market is getting overbought, including the general sentiment on social media, people getting sucked up in the mania and getting agitated at any criticism. Kurt also explains how this time presents an opportunity, where media attention will likely drift away from the crypto market, allowing prices to consolidate, forming a foundation for the next bull run.

How can you turn this crisis into an opportunity, and how can you learn from it? These questions and more are answered in this bone-rattling, price-exploding, price-imploding episode of ... The Paradise Paradox!

Disclaimer: Nothing in this post is intended as financial advice.

To download the audio, right click here and press ‘Save as’

View the full shownotes here: Crypto Crash January 2018: The Paradise Paradox Episode 188

About The Paradise Paradox

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The Paradise Paradox is a podcast where we talk about crazy ideas for open-minded people. We cover topics such as crypto-currency, technology, politics, economics, freedom, free-thinking, and psychedelic experiences.
We're reposting our content from our website. To confirm that it's really us, or to read the full shownotes including related episodes and pertinent links, go to The Paradise Paradox
If you enjoyed the episode, please upvote, leave us a comment with your thoughts, and press follow. You can also follow Kurt here @churdtzu for more fascinating stories and articles.
You can also subscribe on iTunes, subscribe on Pocket casts, and subscribe on Youtube.

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upvoted! you rock

El tiempo es el mejor amigo de los inversores, estoy 100% seguro de la fortaleza del bitcoin y de las mayoría de las criptomonedas, este año va terminar siendo muy buenas para ellas.

Here's $20 for supporting Steemit.
Just click the link to Join Monetize Coin

https://monetizecoin.com/?ref=5a566f9c2e4cd


Awesome work! I`ve re-steemed!
Must be supported...
Thank you for your wonderful work 😊😊

keep sharing, more power!

very nice photo

while we all love making money , it's important to have other hobbies that you can fall back on to distract you when times are bad. Enjoy your life come back in a few days after HODLing and things usually end up fine.

The price is back now!

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Rewards Pool Farmer Alert

@Steemcleaners, check out the comments section of @ryacha21 above. (https://steemit.com/@ryacha21/comments)

He is leasing 30k SP from @minnowbooster then using that to VOTE Up his own 7 Day old comments on random posts at the last minute. Scroll his comments to around the 6 day mark or just go to https://steemd.com/@ryacha21; he has a lot of self love on his own old comments.

HE IS DOING IT OVER AND OVER AND OVER.. He is farming the pool.. If you could help it would be appreciated..

Learn more about this sack of monkey spunk here:

https://steemit.com/shitpost/@pawsdog/the-shit-post-diaries-1-17-18-4

Also kinda a dick move to use the actual good post of another person to post a comment for no other reason to come back and farm it later.

Post Author, @paradise-paradox I do apologize.. This dude makes no actual articles of his own so the only way to draw attention to what he is doing is to comment his comments. My sincerest apologies for cluttering up your blog, outing the abusive self voting behavior of @ryacha21

Still we have a remaining time... 348 Days... But... Steemit is ruling the game.