Bitcoin's Swings in Perspective

in #btc8 years ago (edited)

Same as it ever was...we are now 335 days into this correction, IMO we still have lower to go, but long term, Crypto still has plenty of legs. If you liked it at $10,000 BTC, everything should be viewed as "On Sale". An 80-90% pullback means BTC at $2,000 to $4,000 and there would for sure be a lot of buyers in that zone. I'm nibbling here but still waiting for lower to back up a truck.

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As the stock market bubble pricks, everything is going to come down. Gold, Silver, Crypto, US Homes and foreign Real Estate...all of it is coming down in terms of the USD...at least in the short run. Until the Fed hits Ctrl+P again and destroys the US dollar.

$2-$3 EOS is clearly on the table again if we bust through $4 and IMHO would be a great entry point for the next run-up! Maybe it goes to $0.00001 per token and you lose it all. But the Asymmetric upside possibility makes this a great risk/reward trade.

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@matthewwarn

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Basically, my crypto portfolio is based on what @matthewwarn says. Glad you didn't jack it in as who would I get all the info from?

Oh dear Lord I hope not! lol...I've HODLtarded most of this correction. I did pull some $9 EOS off the table but not enough. If we get <$2 EOS, I'm back to being All-In

$4 is my EOS magic number, that's my "buy" in. I did more than OK from the $20 pre-mainnet pump.

I still love eos and think in the long run, it will be one of the few still around/has a use.

The key is 70%+. Top to bottom it has done it 6 times in its history, now 7...we are entering the buy zone for the long haul.

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