My Plan in this Bear Market! What's your's?

in #steemit6 years ago (edited)

Hey Cryptopeople,

I'm holding on to my coins, since I bought them for the long run and I believe in the future of cryptocurrency!
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If I take major losses I will just add more to my positions and accumulate on the way down.

Just some examples of coins I'm accumulating and at what price I'm looking to buy more:

Cardano at $ 0.10
Steem anything under $1.30
Bitcoin at $ 6500
Covesting at $ 0.50
Wanchain at $ 2.50
Fusion at 1.75$
Poll at $ 0.50

I think BTC will hover around $5000 to $7000 until we see the next potential bull run.
I mean it could go under $5000 and we could see a potential retracement of around 90% like after the last bull run back in 2013 but I think this is highly unlikely because the market has changed so much since this time. Back then Bitcoin and the crypto space was not as recognized by the masses as it is right now.

What do you think of the current crypto market?
How far do You think BTC will drop?
And What is your strategy within this market are you holding, shorting, selling to buy back lower or you just waiting for the price to go up because it's hard to time the bottom?

At what prices are you accumulating other coins and which ones?

Please let us know!:)
Let's share our thoughts and profit all together!

Please follow me on Steem if you don't wan't to miss other Crypto related news.

If you like this post. I would be really happy if you upvote and/or resteem. :)

This is not investment advice, as always please do your own research!

Happy gainz :)

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Exactly what I'm doing! :) Happy Gainz:)

I will have a look at COV Thx :)

Like it!

Great to see optemisim out there!

What else is left ;) Just joking :) You have to look at it long term! I mean 2-5 years :)

HAHA Exactly!

Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
ADACardano0.148$-5.89%-1.53%
BTCBitcoin6889.620$-1.63%-8.3%
COVCovesting0.537$4.97%-18.13%
FSNFusion2.094$0.56%4.41%
STEEMSteem1.731$-7.36%-0.16%

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.028
BTC 60732.06
ETH 2345.63
USDT 1.00
SBD 2.46