Good evening, Steemians!
Bitcoin has been down a little bit in the past few days, but don’t fret. Many people on TradingView are saying that this is totally a normal pullback before re-testing the $19,000-20,000 high we had recently. I agree with this. Bitcoin has a bit of news today, as the SEC ruled out ETF proposals. I’m actually super glad they did this, because it would’ve just added another piece of manipulation to the market (like we’re seeing in the precious metals).
Here is my current portfolio. Call me crazy, conservative, risky, but I think holding on to BTC long term will be a ticket to the moon
As you can see, I’ve dumped a lot of my altcoins which have 2-3xed at least. I don’t want to get too crazy and hold on to watch them die.
BTC-USDT chart
Notice how we’re still trending upward although we’re in a small dip. This, to me signifies a larger bull-trend. We haven’t tested recent lows and as long as we stay above about $13,000, we should continue to make higher highs and lower lows.
People will naturally want to take profits in BTC as their altcoins can buy them more and more. What is your strategy? Are you a long term BTC Holdler or are you playing the market? I don’t want to play too much because I’m afraid of getting burned.
Thanks for stopping by!
up-voted and re-steamed.
I have shown your Steem site to some friends at the local coffee.
Well thank you! That's very kind of you. :D
Once again another spot on analysis! BTC ready for a pump
It really is!
Good luck my friend. You can buy a house in Tiltcove with 1/4 BTC right now, comes furnished and with an entire family too. Maybe something to look into..
Haha. As long as is comes with Russian dolls in the cupboard I'm game!
I don’t have any BTC but now might be a pretty decent entry point. Thanks for your analysis, vegansilverstacker
I call Bitcoin "Smartmoney"...it's never gonna collapse. It's currently chasing 100k and by end of the year it might be above 100k. The price is bouñd to atleast double or tripple every 3 months. Hodl just " hold on to bitcoin for damn life".
I agree completely about Bitcoin. It is a good time to move half of one's portfolio into it. Good advice!
interesting posts I like your posts. because your post can be an insight for me and users steemit .. post interesting .. thanks for you.
Saying a lot without really saying anything is such a gift these days. I can play, too. It's like the greatest thing to do because some people like don't really pick up on it, so they might actually misconstrue my comment for a legitimate one at first glance. I totally know what you mean, too, when you talk about insight. Your comment is very inspirational for me and others on the platform. I wish you all the best you jolly little dude.
Nice page I’m also into precious metals and crypto please follow back😁👍🏻