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RE: Why Bitcoin's Price Continues to Fall

in #bitcoin6 years ago

re-posting my youtube comment here:

I was honestly wondering why I was not seeing any videos from you. If you decide to resume a regular production schedule, allow me to suggest a focus on the discussion of value metrics for cryptos, rather than price action. Several months ago I decided I needed to adjust my strategy on cryptos and I transitioned into a simple long only 12 and 26 day EMA crossover strategy. I made this decision in time to go mostly to USD mid-May for BTC and LTC and late May for ETH. If the recent pause in the drop of all prices matures into a reversal then I'm well positioned to get back in when the bullish crossovers happen. I've decided on a 50/30/10 percent allocation for BTC/ETH/LTC. The relatively heavy ETH allocation is based on my belief that the smart contract features will continue to grow in value.

Thanks for creating and maintaining one of the saner crypto channels. I look forward to your next video.