Stoopid Money Minute 2018-05-16
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Crypto Market Dip - Markets are significantly down today with some tokens like EOS down close to 10% so far. This downward trend is fairly normal in crypto and bitcoin trading. As of right now Bitcoin is still up almost 370% from this time one year ago.
WTF
This is WTF which stands for...well you know. Each episode we'll tackle a common crypto buzzword or meme or phrase and what it means. Today's word is: Bear market - A bear market is a financial term for a downward swing in an overall market’s value. The term comes from securities and commodities trading and refers to when those assets are persistently declining in value.
SMH
This is SMH which stands for Sell/Buy, Mine, Hold or Hodl :) The purpose of this segment is to tell you what we're doing so you can think about your own strategy.
- SELL - NOTHING
- BUY - EOS
- MINE - Ethereum
- HODL - Bitcoin
98 episodes