ALTCOIN/BTC UPDATES

in #bitcoin6 years ago

IMG_20180721_121848_359.jpg

While market fell by 34% overall and the random sampling on some of the popular coins out there fell by average 45%, if you followed my portfolio on holding Bitcoin, Ethereum, HT tokens and BNB, your portfolio would have instead made 3% gains (minimal but in a bear market, its actually performing 37% better overall) just by doing nothing.

I'm simply doing this to prove a point that its better to trade smart than to trade hard. There are times where you should be actively trading and times where you should play a long term strategy. I think its best now to hold on to higher cap/exchange tokens and then swap into alts (if ETFs are approved) because the ETFs will cause the market to go on a bull run and alts will go up with it (probably faster than most bigger cap tokens). However, BTC is still a safe bet now simply because if BITCOIN ETFs is approved, it also means that more money will flow into BITCOIN and since demand will increase, price will go up naturally.

Sort:  

Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BNBBinance Coin12.217$1.8%0.98%
BTCBitcoin7447.650$2.13%18.56%
ETHEthereum464.496$2.57%6.38%
HTHuobi Token3.616$7.57%12.91%