Cryptos Will Going To Pump In 8 Days From Now Because Of BAKKT Launching

cryptopie (81)in #steemleo • 5 years ago (edited)

I am holding quite a bit of cryptos, some are odd types and some are popular but I just hold them because I do not want to lose my money and accept my trading defeat. I will lose if I would sell so the most prudent thing is that to hold and wait for that perfect moment and I am hoping that if not for the next few months I could see some improvements particularly in steem price and some of the altcoins that I hold.

BAKKT will soon launch and it will be as far as I've learned would be a good catalyst for BTC and other altcoin if not to all altcoin prices because BAKKt will cater for institutional investors and we are talking millions if not hunderds of millions of BTC futures trading backed by physical bitcoin.

Of course we are just hoping that STEEM price will follow suit because I believe that it is so influenced by BTC especially now that there had been changes in the economic setup in the steem ecosystem that is more favorable to investors if they buy, curate, and create content if not trade within the steem-engine with some tokens which also could potentially get influenced by BTC movement.

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So it is not all totally doom and gloom particularly for steem and other cryptocurrency. We just have to be vigilant and stay with our plans and get carried away by our emotions and other people's opinion as most are hyping and fudding just to influence others for their own interest. We are just in the realm of fast-moving money that would mean a loss or a great gain with our portfolios.

Now I myself is styaing in my own course and just following the golden rule of trading too which is not to sell for a loss and within steem community to continue with what I am doing with enjoyment which is to write my thoughts in, mine my brain and get rewards for me to earn a bit for my own interests.

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