Market Implosion (My Thoughts)

in #bitcoin3 years ago

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Most of the charts on a macro level look terrible with a long way to fall. Bitcoin, Litecoin, Dogecoin, Ethereum, Cardano.....they all look terrible with a lot of carnage left to go. Looking for sub $25K Bitcoin, $0.05 DOGE, $1,500 ETH, $0.50 ADA, $80 LTC, $200 BNB, $5 CAKE to feather in a little to catch a bounce. Timeline wise it will take awhile to level out and regain footing in the entire market. There is still action happening with HEX, Thorchain, ShapeShift.....etc Stay two steps ahead.

Another interesting opportunity could be buying up the HIVE Back Dollar (HBD) in this crash for a quick 8-10% gain if it gets pulled back to $1 which it has been. If you hold it long term it can earn 10% interest. That's not a bad play and in my opinion can be an additional part of an effective stablecoin strategy.

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Greetings @brianphobos, excellent opinion.

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