The Bitcoin bear trend could not be more clear on the 1Day chart. Bitcoin is headed to $450 by this weekend. There should be an immediate bounce to $500.
Bitcoin Doom = Altcoin Moon. Set your positions! Good Luck!
Ofc, but this imminent move presents a good opportunity for setting a short position or entering an altcoin. Ride the wave. Nothing wrong with bitcoin HODL tho.
With all the attention on anon applications and zcash hype, I've put funds into anon alts, especially the ones that haven't popped yet but are still consolidating ($XVC $SDC). I've entered $BTS with the upcoming snapshot next week. I've also entered a few coins that are on the BTS DEX that will be carried by blockpay in the future such as lowprofile $GRC. I threw some bits at $NSR because it's been solidly beat to shit. I think $Steem is now a good entry at .0017, I think we may see a reversal here after a double bottom. Same reversal potential with $ETC at .0022 - .0019. $EXP is a good buy. Got into $XCP yesterday even tho it's a little expensive. $MAID most likely headed up. $LSK finally broke its downtrend, so it may be a good buy here at .00045-.00042. Not paying much attention to $ETH, which probably means I should be XD. Staying away from FCT, XMR, DASH and everything else that's been significantly pumped. I expect a random pump from DOGE at some point, but I don't want to tie up my money there. $JBS is an interesting little coin and dev team - flying under the radar. And of course $DCR is probably one of the most promising coins that is still priced well, plus it's very profitable to stake. I've decided to HODL all my $DCR and stake it. If interested in staking $DCR, now is a good time to buy. That's about it!
And just as a side note - if you're thinking about shedding your coins because they are dumping - don't. Most alts (if not all) will pick up in the next couple days. Whales are just trying to scare cheap coins out of you.
Sure, according to a one day chart. Some of us are planning to hold for a while, though.
Ofc, but this imminent move presents a good opportunity for setting a short position or entering an altcoin. Ride the wave. Nothing wrong with bitcoin HODL tho.
any altcoin picks?
With all the attention on anon applications and zcash hype, I've put funds into anon alts, especially the ones that haven't popped yet but are still consolidating ($XVC $SDC). I've entered $BTS with the upcoming snapshot next week. I've also entered a few coins that are on the BTS DEX that will be carried by blockpay in the future such as lowprofile $GRC. I threw some bits at $NSR because it's been solidly beat to shit. I think $Steem is now a good entry at .0017, I think we may see a reversal here after a double bottom. Same reversal potential with $ETC at .0022 - .0019. $EXP is a good buy. Got into $XCP yesterday even tho it's a little expensive. $MAID most likely headed up. $LSK finally broke its downtrend, so it may be a good buy here at .00045-.00042. Not paying much attention to $ETH, which probably means I should be XD. Staying away from FCT, XMR, DASH and everything else that's been significantly pumped. I expect a random pump from DOGE at some point, but I don't want to tie up my money there. $JBS is an interesting little coin and dev team - flying under the radar. And of course $DCR is probably one of the most promising coins that is still priced well, plus it's very profitable to stake. I've decided to HODL all my $DCR and stake it. If interested in staking $DCR, now is a good time to buy. That's about it!
And just as a side note - if you're thinking about shedding your coins because they are dumping - don't. Most alts (if not all) will pick up in the next couple days. Whales are just trying to scare cheap coins out of you.
Congratulations @iotaissham! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.
Congratulations @iotaissham! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!