Bitshares has gone through a strong correction, crashing down as much as 77% down to 0.22 bitUSD / BTS. But I guess it was important and required to let go of weak hands and take with it those who are long term hodlers.
So, the question is, will BTS moon now? Are we going to see a shot beyond $1 towards $3 or beyond? @Haejin predicts as much as $300 although he doesn't talk about the time frame.
I know one should diversify, but I'm way too emotional when it comes to Bitshares and I've put a huge portion of my savings in it (which isn't a lot btw :P)
If you don't already have a Bitshares account, you need to get in now! BTS is available super cheap right now. Go here to get your account: https://wallet.bitshares.org/
None of this is financial advise, please do your own research. Cryptos can drop like crazy just like they go up like crazy
This is a healthy correction. A lot of BitShares are being redistributed and landing on the hands of long term holders.
This!
It’s a toss up right now. If the bulls are able to get Bitcoin past $13k than we might see another run up, but then there are signs that Bitcoin is going to drop to around the $8k which would probably drop BTS to under $0.20. I’m splitting half BTS and half bitUSD
Ah yes that's possible! And oh yes, half BTS and half bitUSD is a good idea because you're safe no matter which direction the market takes. I have tried trading since years and every time I end up losing money. I think I'm better with spotting undervalued things and investing there (like Buffett ;)
Will BTS moon now? Are we going to see a shot beyond $1 towards $3 or beyond?
NO! First correction $0.20 - $0.10
Perfectly possible! Which is why margin trading is so dangerous
NEVER trade on margin!!
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