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RE: While alt coins die off - Steem lives strong
Great post, I was just about to post something like this but you beat me to it! I would say that BTC is about to shoot up, causing more alt blood. It may even hit STEEM a little bit, bringing it to 15k or even 12k, which would be the perfect price to snatch up some STEEM right before the HF!
Depends how much btc shoots up. Back in 2013, that huge spike also moved a lot of money into the top alts. Most of those coins died since then, but it would be interesting to see what will happen. Imo, some of these alts are oversold.
I think the days of 12k steem are over, 4days till hf and i believe we will trend upward.
Thanks for dropping in with a comment
You should make a post, i like your ideas
Thanks man, I'm getting much better at predicating movements! I basically go all in alts when BTC downtrends, then when it uptrends all-out, and when it is in a downswing during an uptrend I selectively choose my alts. It's really an art. I'm just barely getting there now. Steem is an easy buy now though haha.
It definetly is a skill to not get destroyed in the crypto game.
I have lost tons myself, but have made much much more.
Once you get the hang of it though, you can get some serious milk from the cow.