BitShares! (BTS) possible Short term goal. Bullish? check out my blog to see!

in #bitcoin7 years ago

Target looks like $1.00

I believe we are done with the correction but please ALWAYS keep in mind that nothing is for sure and this could take many different directions.

So let me know what you think about this post on the comments below!
Please follow me and check out my other posts I will do my best to post more!

WARNING!! This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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DO you think there is a swing trading opportunity in BTS or is it risky right now because i think it may moon soon ?

I am very sorry but IDK what swing trading is

I mean selling at high and buying at low . Right now it's at 3400 . Swing trade is like selling at 3800 and then buying back at 3200 .

ohh thats swing trading lol. Nah, I wouldn't bother with that. IF I did, I would do it to play around with some extra money I have. But I started out doing stuff like that and really messed up.

As for my opinion on BTS swing trading, I suppose it is possible

btw where did you try swing trading ? Bittrex or Binance ?
Bittrex is worst for trading , in Binance i make 5-10% everyday .

Yeah it's quite risky though . Which coin do you think is the most undervalued right now ?

I think DGB seems pretty cheap. compared to others at the moment. I think DOGE and DGB are great. Truthfully I havent done much research on any coin. The book @haejin recommends (https://www.amazon.com/Technical-Analysis-Stock-Trends-Tenth/dp/1439898189) says something interesting about how the fundamentalist uses news and events to predict the price movement. It mentions it in detail how it is a flawed concept for Price predictions of stocks or in this case, cryptos .

I like to just use the charts honestly.

So IDK about whats undervalued in terms of how good the company is and stuff like that 😎

Btw i think we won. Look at Bernie sanders posts . All posts are down to 0 .

Wonderful :) thank you for the nice posts and dedication, I will be your die hard follower, Resteemed!

thank you very very much! please upvote, follow, and resteem if you want :)

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Enjoying your posts thanks mate!
Good to come somewhere on steemit and not get bogged don with negativity and petty arguments when 95% of us are here for same reasons..
keep up the great work, I have the Elliot wave book on order so i can start learning also!

Congrats!

Whats your personal opinion on BTS ? Do you think the price is gonna be much higher at some point ?

Thank you for the great post and keep up the good work.

thanks for your upvote and reply!
in terms of BTS I have a LONG TERM view of it. @haejin explains it a few times

Basically I see it as @haejin does. just because it makes alot of sense.

it is a decentralized exchange (DEX) which means when things start to get more and more regulated and strict a few exchanges will still be standing as a exchnage that does not require all the extra BS that these other exchanges will...

this will cause many people to jump on these DEXs and not have to worry about the government.

Thats what I see.

In terms of a technical analysis... I also see it as hitting a maybe 5-10$ within a few months - 1 year

@haejin has it hitting 400 or something in the next few years which is not impossible at all.... so im HODL this coin forever... lol jk but for as long as possible.

I hope @haejin is right with his long term rediction on BTS... I also could live with 200 $ :) Thanks for your update ! UPVOTE + RESTEEM

Thank you very much for the detailed explanation.I will put BTS in my list of currencies which have a huge potential.

Keep up the good work = )

its my pleasure :)

I think highly likely to hit these numbers much earlier, mainly from the entry rate of people into crypto is sooooo.. massive! Heard no long ago (if true) that there is over 100,000 requests for new crypto accounts globally daily!! That is intense, and although adoption of the technology is slow, that is almost irrelevant, because the profits will be made before mass adoption. When mass adoption hits WE will have already made MASSIVE profits. Just my opinions of course.. Happy profits to all!!!!!! :)

Good explanation of some of Bitshares strong points. #BypassTheBanks!

It's a decentralize exchange . It's a long term hold because people would shift to decentralize exchange in future .

I added BTS to my list of currencies that expect a boost. Thank you for the comment = )

Hopefully in the near future...rather than longer. i would love a decentralized echange instead of having all my alt coins dispersed between centralized servers... it would be a game changer

i hold some BTS also, will buy more i guess.. Good analysis btw. long term BTS is real.

Whats the best way to get my BTC to bitshares? I have binance account so i can use that to exchange to bitshares but i know there are other options like openledger....

thanks for the comment and upvote!

You can get the bitshares exchange. VERY easy to signup. here https://wallet.bitshares.org/#

from there you can trasnfer your BTC into the exchange and buy BitShares...

Or you can you poloniex and transfer BTC into your account. then use BTC to buy bitshares

or you can use binance like you mentioned.

I use a mix of all three but I like Poloniex best. but i will start to use the actual Bitshares website . ( https://wallet.bitshares.org/#/ ) pretty soon because I believe it will become a big exchange and I want to understand it more. :)

I use the openledger because the bitshares one doesn't work on my OSX right now. What do you think about openledger ?