Is Bitcoin starting to gain confidence again?steemCreated with Sketch.

in #bitcoin9 years ago

It bounced off 800 back to 820 instead of continuing lower, Cliff Highs web bot is predicting a "Bitcoin triumphant" scenario and looking at the China news as positive. I jumped back in STEEM just in-case the hype is real. The reward simply outweighs the risk for me on this one.

Not financial advice

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I just diversified into four more cryptos, and I will probably get more btc this year.

it's like a déjà-vu.

buy on rumours
sell on news

I think the smart thing to do with BTC might be just buy. Forget the price action and just buy

True if you are aiming for long term investing.
But this is very individual and in the end its just about the factor time.
You buying some today means you will sell it someday for something else. right ?
But you are right, it doesn't seem to be the baddest time to invest in btc for longer terms.
It remains exciting

Bitcoin to be 1 million usd in 20 years, or not. just hold.

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