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RE: Bitcoin (BTC) Morning Update: Classic Vintage Running Flat

in #bitcoin6 years ago

Thanks a lot for sharing your thoughts! highly appreciated!
" More money in, the more widespread the investments will become"
It actually makes sense... More money flooding into crypto world can very likely alleviate the BTC-Alts pendulum syndrome !!!
So I think for now we'll have to wait for the real phasic run to happen before picking our long term investments..
I invested in LTC and it is having a hard time going up.. I still get annoyed when I am in a trade like this watching other coins explode and I am sitting there and waiting...
Patience is the key I guess...

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Patience -- and, not using all your dry powder! :) In other words, try to keep a percentage "in reserve" and don't make trades with it -- that way, you'll be able to take advantage of quick moves, like the TRX yesterday -- I captured 60% of its movement, which is awesome for a couple hours.

I'm actually thinking that if BitConnect and similar competitors do this type of trading, then it is entirely possible that they aren't scams. Still, not trying them again!