Overall, March will be a crazy month for crypto. March 8 : 4 | Crypto Network
Overall, March will be a crazy month for crypto.
March 8 : 40k Seized BTC FUD March 10 : MTGOX Starts Repayment March 14 : CPI Data Release March 21 : FOMC Meeting
You might want to wait till Friday-Saturday and see how the market moves before starting to open up positions. There is a chance we see another leg down this weekend.
Here's why:
On March 10, there will be a distribution of dues to those affected by the Mt.gox platform
The total amount is 142k Bitcoin... huge.
Keep in mind those who will be refunded have been patient for more than 9 years, and their profit rates are estimated to be around +3000%.