RE: Bottom for BTC may be in -- but it may be VERY wise to use the 3 day rule before buying in.
Hi @bycoleman. If I had the funds to invest, I'd seriously think of buying BTC now. But I won't use all my funds. Probably about a third. If indeed this is the bottom and price goes up, then I will buy BTC with the remaining funds on the third day. If it continues to go down, I'll buy again at a lower price using a third of the remaining balance and wait. It's called averaging.
But most analysts are saying BTC should go up after the Chinese New Year. This plus the fact that the worldwide stock market crashed due to massive sell off could signal some shift towards crypto by some investors.
This is a great post. At least the author is taking a position and risking his reputation by giving a prediction of what he thinks the price will be. Most don't and just give different rainbow colored and Greek alphabet waves refusing to commit what it would be which is what matters most in the first place.
Good morning Gems.
I personally will be buying altcoins. I'll try to post some of my recommendations a bit later.
Your are wise to take it slowly.
Many blessings
Good morning too. I will await your altcoins recommendations. And your other posts as well.
Not sure you should wait on me, I move slower these days :)
One of my favorites is steem. It is undervalued both the token and the platform. And your investment in it can help you be more profitable here as you post and curate.
Much success.