What is your Bitcoin strategy?
I don't think that we have seen anywhere near all-time highs in Bitcoin. I think the future of Bitcoin will be 10 or 20 years from now when/if cryptos are worth millions.
It just keeps going up, levelling out, and going up more.
There is so much debt out there. I think once it gets loaded onto blockchains it's going to get interesting.
Do you buy and sell BTC?
Are you a fan of any specific crypto?
What is your strategy for 2017-2018?
Bonus question for +0.25 Steem
My strategy is to buy cheeper crypto than sell high and convert it into bitcoin
Something like this.
Also hold you cheap bought crypto from 3-4 years ago until you are a millionaire.
Mine is cloudmining, anyone else agrees or is with me?
Yeah I started out cloud mining just over a month ago with the price of bitcoin it's not too bad at the moment!
Oh and by the way if your upgrading genesis here's my code iRI47z 😉 spread the love haha
Mine is buy as much as I can as often as I can.
My bitcoin strategy is buying cheaper crypto's because the price of bitcoin is too much for me to make a significant profit, where on the cheaper stuff nem, pivx and so on bigger profit can be made.
I've started my journey in cloud mining bitcoin which with the price of bitcoin is working out pretty well at the moment
i love bitcoin
My strategy: Buy a set amount every month (a set amount of fiat, the btc I can buy goes down every month!)
I am buying to hold long term. I also may diversify into alt-coins or ICOs in the future, but keep the bulk in btc.
I have a quantity of ETH which I'm holding long term
I continue to accumulate Steem & aim to buy & hold
(you can see I'm not a trader!)
Strategy 2017-2018: accumulate btc every month.
Margin trading is also a good scope
These crypto related stocks are less than 3 cents, for now. This I think fits into your discussion on the crypto markets and investing potential.
I have been sharing this info on something not widely known/talked about, crytpo related stocks. For me , just another opportunity to capitalize on this new and exciting paradigm. They are currently trading for pennies.
The stocks I think, give that still large segment of people who are not ready to learn about crytpos and exchanges, but have been on the sidelines hearing about all the excitement and gains, the opportunity to get on board this earth shaking crypto move, but within their own comfort zone by simply buying a stock that is related to bitcoin.
Most of these people already have a stock account they know how to use and in this way can participate easily. There are very few crypto stocks so these are already starting to skyrocket just in the last couple of days but may present an very unique opportunity. As a warning, there is not really a ton of info about them so use risk capital only!
I have put some money into them in just the last 1-2 days, already up significantly which means they may skyrocket further, or pull back hard, I do not think anybody can predict. Dollar cost averaging is probably the best way to enter at this point as they are just moving so fast now and price points could be anywhere next week. Anyways, I thought I would share, fwiw.
Here is a link with some of the info on 2 of the stocks crypto stocks that I just put together for myself and others as a starting point for due diligence.
https://steemit.com/bitcoin/@motowngold/global-arena-holding-inc-gahc-another-rare-bitcoin-and-blockchain-stock