Positioning
Frequently hearing economic trend forecasters chat about dangers in the remainder of 2018, I find it natural to think about what positions offer safety. Other positions meanwhile offer potential gains. These combine to clearly show a need for personal mid-range planning.
I am aware of the dangers of ‘playing’ with numbers. For example... certain people have predicted that Litecoin will have a price that is 1/5th the price of Bitcoin. If Bitcoin jumps to $100,000, then Litecoin may see $20,000. Litecoin currently sells for about $90. That would be over 20000% (big gains).
These would be very pleasant realities, but today these are dreams. At the same time Silver is selling fou under $16. Steem is $1.47.
Currently my portfolio mix is 10% Litecoin, 30% Steem, and 60% Silver. These are rough estimates, but they work as an example. Each has different levels of liquidity and stability. The midterm potential for gains also differs.
I began to consider my options when I read about the upcoming Steem-Fest meeting in Poland. I cannot attend, but it is another factor in my expectations for the fall. Litecoin has a festival in SanFrancisco in September.
Daily activity should probably reflect midterm objectives.
Here is today’s beauty.
The only thing I can say about the dangers in 2018 is that we had the same dangers in 2017, 2016 etc. etc. I do agree there is danger in the future but when. I do give the powers that be have done wonders in kicking the can down the road for these many years. Play it safe and have some silver and gold. Problem I have with cryptos is I do not know which ones will be good. I have steem because of steemit.
Crypto Currency definitely in coming future growing up. Many things need a patience.
We live and revolve on unreliable systems and failure is not completely impossible. Dangers are just friends as our continue to be unreliable. No position offers complete safety.
Your level lowered and you are now a Minnow!