Crypto Trading with TobeTada! | 24-10-2019 | Why it's not time to panic!

in #bitcoin5 years ago

Corrections in the market are to be expected after gains; it's not the time to panic :) In this video I analyse BTC/USD and STEEM/BTC and why I think that the outlook is positive

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Good day Steemians!

Join me in analyzing the crypto markets!

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  • In these videos we will learn about the patterns that dominate the market and try to predict future trends.
  • Learn about controlled investment: stabilize your profits in a volatile market!
    • e.g., setting up rungs and stop-limit orders
    • understanding compound interest
  • Learn about keeping your head cool!
    • Facing losses? Learn when it's best to hang in there and understand when it's a good time to get out of a position quickly...
  • And finally keep in mind that I don't know everything... so tell me what you know! 👍

 
As a general reminder: Please keep in mind that none of this is official investment advice! Crypto trading entails a great deal of risk; never spend money that you can't afford to lose!

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Okay! Don’t panic! But will the prices go lower?! Is it the right time to get some Litecoins?!

Thanks!

low point for BTC/USD should be 7000$ which would be another 5% drop. But mid to long-term trend is positive.

For steem we might see 11 cents, but I would argue that we are reaching the low point or have reached it.

Litecoin looks good too; it should hold at the present level. But keep in mind that this is not financial advice; invest at own risk ;)

Thank you very much for you kind answer!
A few hours ago, I just bought some Litecoin and Ether with my Steem. I intend to hold them long term! So,I am not worried about ups and downs! I just ask my inner voice whether I should buy and follow that voice! Very illogical way to make decision!! Hahaha.

Whenever I used reasoning,I made a loss!
So, I experiment with some other mode.

Have a nice day!

yeah, don't worry about the squiggles, long term should look good :)

Thanks! I also think as you do!
The world is slowly being pushed towards digital money and cryptocurrency. But powerful people are trying to control all the infrastructure for future dominion! This is a dicy powerful game they are playing with many unexpected consequences!
Star war!

who can ride the Horse Chaos?

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In light of the BTC breakout I am giving this a little bumb!

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