Alts are blooming
It looks like it’s almost that time. Alts have been gaining against Bitcoin for a full month now.
If you look at the charts of most Alts dating back to March 17th, if you made any purchases you are now sitting 2x. This is a prime example of not flowing with the tide but acting against the echo chamber.
I still caution to be responsible and take profits along the way and secure your initial investment.
Happy hunting.
It's good to hear from you brother. It had been so long I was almost thinking that something that happened. I've been throwing a little bit of money into my etherium wallet when I can. I've been thinking of expanding into another coin. I'm a light investor so there's no need to worry about me losing anything concerning my next question. Which coin would you pick? Also I'm about to begin mining ethereum. I have never mind before and I'm just using this as a starting point. do you believe there's another coin that I could mind also that would be profitable? Please bear in mind I am on a smaller budget. Thanks for any advice that you can offer my good friend. And I wish you continued success here and in every venture you partake. I hope you have a great day. And I send all of my love until we meet again. May our creator bless you and all of yours.
Hey my friend I have been busy with some other projects but I should be up to my old posting patterns soon.
Glad to hear you are well.
I have been stocking up like crazy on icx wan Ren
Those are my pics for Q3 of this year
This steady BTC price is helping greatly with it. Perfect time to be in any alt.
Good times coming.
Buy the fear.
March was a great time to top up the portfolio after the January bloodbaths. This was always going to be a make or break year for mainstreaming crypto and it's markets so to see a steady recovery is a good sign.
A lot of the news has changed away from the negativity and fear mongering of the past few months to more positive announcements and plans for the year.
Thing is there was no end in sight, so buying at anytime was a risk.
True but it had leveled off a lot by the end of the month. There was no increases but the huge falls had stopped. It's always a risk to buy crypto but the ones i buy are the ones the i believe in the end product. With that in mind I expect this to be a big year for mainstream adoption and expect to make gains over time.
For day trading there was a lot more risk but i was planning a bit more long term with my buys.
Agreed. I am totally in long hold mode, just accumulating all my favorites
We seem to go in cycles of Alts moving up, then btc moving up. The Alts don’t seem to be seen as individuals yet. I suppose this will come as the space matures!
Well said. you find success when you leave your comfort zone. Success for those person who dare to swim against the tide. Thankfully crypto market is going well. Thanks for such an inspirational post @crypto2crypto
Np
Steem power is the best investment and worth of time being invested. Even I am not afraid of my initial investment with it. It keeps on growing day by day.
As long as steem doesn’t self destruct I ca see how you can’t really lose
I think the best term would be cautiously optimistic. Good to see a few weeks of green again. I think looking at the historic BTC, it will give some idea of how alts will trend over the next few years. Patience will definitely pay off
As long as you didn’t need the money right away. You can make out like a bandit
@crypto2crypto I was hoping to ask you if you are willing to lease some of your SteemPower to me for Weekly payments.
please reply
How much did you need?
I am looking for around 10000 SP
For how long and how much are you paying?
I will love to have it as long as I can.
For 10000 SP I am willing to pay 40 STEEM/SBD per week.
@crypto2crypto are you willing to Lease to me??
It is officially alt season. I've been holding Monaco Card for almost a year now and this coin has been through some serious turbulence, today it went up over 120% because it got listed on Bithumb and I profited immensely. Other coins have been doing similar gains, unless you invested into Verge, then you've made negative gains, ha.
I think the biggest takeaway during a bullish market is to never invest more than you can afford to lose. We just came out of a pretty prolonged bear market and it was getting bad, to the point where the suicide hotline number was the most upvoted submission on Reddit in the /r/cryptocurrency subreddit a few months ago.
People need to stay safe, make smart investments and NEVER ever FOMO buy into a coin you know nothing about, that's the easiest way to lose your money.
Glad you were able to hold on. Many had to sell because they over paid and didn’t have backup
The part with securing my initial investment is still in works since I was "smart" enough to buy in December and February...
At least I learned something about the crypto market game. My guess is that we'll see some serious green in June and July followed by another down trend till September. Time will tell though.
June July will be big for Btc, but if you look closely man Alts are ready to go boom due to roadmap completions.