You are viewing a single comment's thread from:
RE: Bitcoin Above 1000USD... but not in China!
More to gain then to loose, I have had many people asking me about what to do with the bitcoins they own ( I have converted many a fiat lover into cryptocurious and worse ) And Im telling them this : 1/3 chance of ETF aproval which would in my opinion more than tripe the price, 2/3 chance of postponement or rejection which will likely bring bitcoin back to 400-500 territory. I dont know if this makes sense in my opinion but if you already own bitcoin its mathematically wise to sell right now or trade maybe into a cheap altcoin short-term. If you on the other hand dont own any bitcoin then maybe its a good time to buy considering the risk factor.
Great post enjoyed reading it! @kingscrown
Very good observations!
That's what I did.
I bought some bitcoin with my Steem, then sold it for more Steem.
Heck yes, profit.
But then I saw Ethereum's sudden rise.
So I bought some Ether. So far, it's going up and up, so I'm very pleased, especially when I look at those delicious curves. I think it's about to have a "spike".
Probably not on the level of a "bubble", but it might rise a good 20% over the next month or so.
I wouldn't be surprised at all if it rose more though, seeing as the platform itself seems very interesting.
ETH is one of highest volumes so yes it has to pump from time to time :)
Huh?
I just realized I'm a total trading noob, and I have no idea what any of that means.
I just look at the little prices on the chart, and if they're going up slowly and steadily, I think "I should buy" and if they're going up really fast, I think "I should sell".
Beyond that, I've got no idea. ^,^
as long as you are in profit thats all good ;)
erghhh, yeah, that's one of those things that's always troublesome.
I was doing fine until Steem crashed.
I got ruined completely...