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RE: What a Great Altcoin Run It Has Been. The Rubberband Effect in Action.

in #bitcoin7 years ago (edited)

I believe this is best strategy. To hold Bitcoin and some altcoins as well. Almost everything is going up and this trend will probably continue in 2018. For example I traded Litecoin, bought at 33 and sold around 60:). Now it is around 300. But there is going to be a time when we might need to sell at some point. Just my 2 cent opinion.

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Diversification always pays. Just wondering though that this short term weakness in alts is set to continue from today's weak price action. More longer term i totally agree. I was writing about this in my posr today, although its in italian. Italian community is growing and we are working hard for it. Thanks

I am always taking profits.

Where have you seen bitcoin for less than 11 000$? On coinmarketcap I seet deepest point is 15 590$

Yes, I bought at $450. ; )

You are boasting that you bought this months ago.

I don't think it will return to that value but anything is possible if it breaks to the downside.