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RE: Are you ready for the Bitcoin Fork? Whats my trading plan for THE FORK?

in #trading7 years ago

Im never completely out of Bitcoin.. Im always holding a core position long term.. and I keep those safely tucked away, especially if there is going to be some possible exchange issues.. However I am a market reaction trader, I do not make predictions.. I simply react to what the market is doing.. So I would not be buying or selling anything here , at these levels, based on a theory of what might happen.. I just draw my bases, and make sure i have USDT availible to buy the panics.. I will react to the panics, thats what I do, and that's why I always win..

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Thoughts on EOS? Currently i am holding 70% ETH, 10% XRP, 10% LTC, and 10% EOS.

From what i have seen, EOS tokens give no rights of ownership or anything. check the eos terms and conditions before you buy eos.

I have noticed a lot of large % drop alerts on the scanner for EOS:

http://imgur.com/a/N82v7

My thoughts on EOS: Trade it if you see the opportunity to exploit the market. That mimics my thoughts on ALL coins: Trade them if you see the opportunity to exploit the market. I don't care how good a coin's project is, all I care about since following Luc's model is the volatility in the market, the volume, the spread, and my potential for ROI.