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RE: Alts are blooming

in #bitcoin7 years ago

Buy the fear.
March was a great time to top up the portfolio after the January bloodbaths. This was always going to be a make or break year for mainstreaming crypto and it's markets so to see a steady recovery is a good sign.
A lot of the news has changed away from the negativity and fear mongering of the past few months to more positive announcements and plans for the year.

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Thing is there was no end in sight, so buying at anytime was a risk.

True but it had leveled off a lot by the end of the month. There was no increases but the huge falls had stopped. It's always a risk to buy crypto but the ones i buy are the ones the i believe in the end product. With that in mind I expect this to be a big year for mainstream adoption and expect to make gains over time.
For day trading there was a lot more risk but i was planning a bit more long term with my buys.

Agreed. I am totally in long hold mode, just accumulating all my favorites