PANIC... BITCOIN.. Rally , where's it heading.

in #bitcoin7 years ago

bitcoin prices.JPG

A week ago, I thought Bitcoin was definitely going to still make it higher before heading down.

It has happened today. I saw it loosing momentum a few days ago like a ball coming down after being tossed up high into the air. I sold all my Bitcoins as was heading down and confirmed.

One of the things I do when I invest in any asset is to not associate any feelings but analyst the trend and think of strategies. There are two things that may happen with the current correction. It may just a temporary drop before heading upwards again and it's going to hit a lot higher. So what I do at the moment, save more into Steem Dollars as it is pegged at USD 1. No matter how much drop there is in other Cryptos, it is going to maintain it's price. Just relax and wait.

I am very sure there will be this huge rally just before BITCOIN Halves itself next year. Many would panic. I feel that if it goes down another 2K , there is a possibility to buy cheaper and let it rise again. Just think of investing as watching the waves. Waves go out and waves come back to the shores.

What's your strategy at the moment?

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