Bitcoin Chart 2014 vs Bitcoin Chart 2018 - Similarties

in #bitcoin4 years ago (edited)

Bitcoin.jpg
Image Source

I am planning to buy some Bitcoins for myself as i currently only own Steem

While doing some research on Bitcoin i came across this beautiful chart which i wanted to share with all

I could not believe how much similar the 2014 and 2018 charts were

This first comparison was published by D4rkEnergY so full credit to him

Now i might be wrong but i think we are headed more down before coming up.Thats certainly what the chart is suggesting

THE SIMILAR 2014 AND 2018 CHARTS

2014 Chart

2018 Chart

From the Tops to the Lows everything looks so similar

So as per the 2014 chart we should be heading more downwards during the month of October?

Or may be i am reading it wrong and there is no comparison at all?

I could really use some help.Should i wait for it to dip more or is this the last dip?

Let me know your comments and thank you for reading.I really enjoyed this :)

Lots of Love
Alice

Sort:  

The diversification is good, you should buy a bit of Bitcoin and a bit Ethereum. You know what they say, do not put all the eggs in one basket.

Regards!

Yes..heard a lot about ethereum as well..may be now is the time...

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Alice(blog-fictions) from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

I am holding off on both and investing a bit in shit coins. Etherium is still purging like a supermodel that has to walk the runway tomorrow. Down another 5.5% just today. But that little shit coin Doge would have made me 3x returns in the last week if i had just listened to my gut instinct.

Wow..just saw dodge chart..what happened to it last 1 month?
What an upward graph...

It has happened to a few of the really low priced shit coins. could just be some pump and dumps or it could meant that there are people getting ready to put some good money into the market. In my opinion bitcoin is still to high to make good profits on but you can grab a shit coin for less than a penny and munipulate it up to 2.5 cents and you have turned your investment into 3 times profit. To do that with bitcoin you would need to invest $6000 and hope it climbs to $18000 in a week. What way would you go? I am going with shitcoins that will go to over 100x profit once the big coins take off again.

Well now I am confused haha..should I go for the strong coins or should I go for shit coins...haha..

most people would call me crazy but I am going to try and be king of the shit coins. My outlook on stuff is often not the norm though.

Haha..go go dodge...

I am long on steem .. hindsight is a bitch for sure. Very volatile investing in crypto and easy to pick the wrong one :) I am a master of this

Master on picking the wrong ones haha...

I tell you what shit coin to buy and you buy something totally opposite, you'll do fine

Haha..so what's the shit coin for this month?

all of them :) can't believe the .70 steem price ..but if you believe in steem it sure is one to watch

I believe in all the top 20 coins haha..

steem is not top 20, so i don't know what to think about that

Steem is an exception :)

I am expecting the bitcoin to be dip more in October. So I suggest you to hold on before buy. And try not to but with full potential at once, break then in 3 parts. It will help you to be balanced. I am holding bitcoin, litecoin, ripple since a year. Litecoin also sounds promising.

Yeah..me too waiting for October...

Congratulations @blog-fictions! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 4000 upvotes. Your next target is to reach 5000 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

The new Steemfest³ Award is ready!

Support SteemitBoard's project! Vote for its witness and get one more award!

Hello! How's it going?

Posted using Partiko Messaging

Congratulations @blog-fictions! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 5000 upvotes. Your next target is to reach 6000 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

Saint Nicholas challenge for good boys and girls

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @blog-fictions! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

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!

Coin Marketplace

STEEM 0.24
TRX 0.08
JST 0.040
SBD 2.51