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RE: Bitcoin (BTC) Evening Update: Bull Flag Fractals Everywhere!!

in #bitcoin7 years ago

@haejin do you think the alts will decrease with bitcoin bull run,like before??? Seems like everything is looking to continue rising, just curious to your thought.....

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Nope, not gonna happen.

If I have $1K to spend, would I put it in Bitcoin and hope for it to go to $100K (6x increase from here) or would I put it in some $1 alt coin and hope for a 100x increase?

I would not recommend setting everything on one coin. personally I have about 25% BTC 25% IOTA and the resit is spread among many ALTS. For me diversifying worked very well, it also takes away a lot of stress because you wont be focused on one specific chart.

I highly recommend @haejin's alt-calls many of them have popped already and have shown exponential growth (unlice BTC)

The altcoins might decrease, but they will catch up very soon.
Buy 10 different cryptos or more and you will see great results.

I was wondering the same thing...

You can say that again !!

haejin's analysis is not based on any news but solely on the price. It has proven right many times already, his analysis gives you a peek around the corner and what follows is the news which try to justify the charts in the aftermath.

I really believe that trying to forecast a trent based on news brings nothing else then FUD / FOMO and a lot of headache

same question here... " like before".. because before,,, they crashed and I thought they'll never recover to their old BTC values!.. and still they didn't recover yet..

it is likely yes, most money will be focused on BTC