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8 years ago in #stocks by bitcoinflood (80)
$5.15
- Past Payouts $5.15
- - Author $4.84
- - Curators $0.31
22 votes
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Interesting that 2 days ago you were predicting a massive surge in growth beginning in February. Has your position changed?
https://steemit.com/bitcoin/@bitcoinflood/are-cryptos-poised-for-massive-growth-history-shows-the-answer
It all depends on if your a short term holder or long. Myself I am a long and in 6 months I see bitcoin and Ethereum breaking all time highs this global sell off expands to much more then just cryptos it is in the stock markets as well which means to my own speculation a rather large crash perhaps over the next 2 days after today. This could be prime time to buy if you wanted to get in low and hold for a longer period of time.
Again I feel only bitcoin will go up on news of lightning network being launched and successful
Ethereum I feel will go up steadily and perhaps even replace bitcoin here soon as they continue to expand and update their blockchain. Their focus has shifted from POS to increasing transaction speeds, fees and times.
P.S I greatly value comments such as these so I can further go into detail on what my posts mean.
Thanks! Really appreciate the follow up! Keep posting, really enjoy your insights on market movements.
What about the Fed PUT? All eyes on the "Plunge Protection Team", or maybe it is still a little bit early for that?
Any particular catalyst for the stocks to correct, or just being over-bought is enough?
GE is in big time trouble, find by the SEC and huge amounts of Debt. Plus a log of other stuff elsewhere may cause a huge correction in the market. Something worse then 2007-2008 is getting closer by the day. The Feds are slowly starting to raise interest. Wait till it effects the Bond Markets. We may see Crpto go down some then a reversal as money will need to go somewhere.
only crypto is best i think
thanks for the blog
carry on dear
Even gold is down
Good post
Everything is going down it seems! hope it won't stay long like this
Thank you for this post @bitcoinflood
Best time to buy then, right?
Could be I expect some more downward trend in the days to come though. Just my best guess though not investment advice ;)