Why I Hope Bitcoin Keeps DroppingsteemCreated with Sketch.

in bitcoin •  11 months ago

At the beginning of this year, I had about enough cryptocurrency here on steemit to buy one Bitcoin. But I didn't, because I'm not a very decisive person. Now, I'm kicking myself.

So, I hope Bitcoin keeps dropping in price, and then I will buy low and (hopefully) sell high when it goes back up.

Keep dropping, Bitcoin!


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True i believe this will keep going lower for a little bit more i am grabbing alt's that i think would do well against BTC currently, lets see how this works out.

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Which ones do you think will do well against BTC?

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I got some verge coin and vert coin yesterday.But if you wanna hedge BTC your best bet is ripple at this stage .You could consider BCASH since it's already low .

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Cool. Thanks!

That is definitely one way of looking at it! @natator88 have you invested in any other crypto currencies (besides time on Steemit)?

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No I have not. I'm currently looking to diversify, but don't really know what I'm doing with cryptocurrency. What else do you have?

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Not yet either. My friends and I have been discussing some of the coins less than $50 each, but we aren't sure if this is the right time to buy or not. That is why I have just been focusing on STEEM since its really the only crypto easy to "mine" right now that I know of.

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True. I'm considering ethereum as a cheaper but still very valuable alternative.

As for altcoins less than $50, I have looked at Lbry in the past, but it doesn't seem to be going anywhere.

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Yeah etherum is the one major crypto right now that I can see actually be used as a transaction alternative at this point. Still really expensive to invest in right now for most people...including myself.