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RE: BTC almost $4,000!!! Will it hit $6,000 or more? Where do I take profits on my Free coins?

in #trading7 years ago

Everbody seems to be buying bitcoin by selling the alt coins, they are all going down. I am hoping for a rebound so the alt coin prices climb again.

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Hey @quickfingersluc, as @amaralluis here has pointed out, some alt coins are breaking bases due to the huge selling off to purchase bitcoins, and while I tried to catch those falls, some falls went deeper then expected, but as people are selling them to buy bitcoin (not really a panic sell), will those still rebound to their bases?

Case in point: https://www.coinigy.com/s/i/598fc9f59f61c/
I had drawn my base at 0.0000052

On another note, thanks so much for taking the time to post all these videos, I have been actually making money and it's hard to believe.

I stuck with 2 altcoins! i am waiting the same.

@amaralluis, I've been watching this too and have come to the same conclusion about the sell offs. Perhaps when BTC hits it's ceiling for this run up people will sell off their BTC and buy back into the other altcoins. Good reason to hold on to your altcoin position... I think.

Me same but it will be long run. All my bases were broken and I was thinking that I choose greedily 20-30 % for safe, but it wasn't ;p

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