Crypto Today 12/9/2017 :: Altcoins, Futures, Hold or Sell::

bravadoworks (36)in #cryptocurrency • 7 years ago

::BEGIN::

My alt coins are on a slight incline since yesterday. I have btc stashed away, and i just made my first reinvestment on bitconnect. Ready to see what happens tomorrow. I think btc is going to jump and then immediately dip. In that dip the scared are going to sell and the confident are going to buy and hold. Then we are going to see crazy volatility next week with investment firms making hard moves and the scared trying to follow but being a step behind.
While that is happening I believe atl coins are going to get bought up with the selling of btc. Ethereum and litecoin are going to increase nicely over the next two weeks and the under $1 altcoins are going to break the $1 mark especially ripple. At $.25 and being in the top ten, Ripple looks like a great place to put btc earned from volatility. Cardano(ada) at $.12 and Nem at $.41 both look like nice investments for earned btc in high volatility. You are going to want to have a bunch of these altcoins under $1 for 1Q 2018, as well as Ethereum and Litecoin. I think btc will hit 50k by the end of january.
The way im looking at it all for December.... I would hold everything and sell 25% of whatever makes a jump, for btc. Then put 25% of that earned into under $1 coins, rinse and repeat.
Just my strategy, I believe we are going to see btc hit $100,000 in 2018 especially after more retailers accept it as a payment method, simply because the IRS cant touch it until you cash out.
This is not financial advice, every move i make i adjust for the what happening in real time. but holding btc and alts is always going to be the safe bet until things get bigger.

::END::