This is pretty much as expected. I don't exactly consider myself a genius for telling you all to HODL. A lot of people have been auditing that message, providing reason and fact and even some great infographics on why hodling almost any crypto currency right now is the right thing to do.
Bitcoin just flew past $10,000 today on high volume, and it doesn't seem to want to test 10k yet. That could be bad short term, or it won't. I don't know. And it doesn't matter that much. It did however test 10k almost the entire day yesterday, and it broke through with relative ease leaving bears crying. You simply don't short Bitcoin. Try it, and you will bleed.
Litecoin is another one breaking through key levels..finally trading over $100. I sodleded out of Litecoin at around 70 to lose some money with Bitcoin gold. Finally decided to screw that and sodleded half my Bitcoin Gold and bought back Litecoin at $90. Don't regret doing that. I've always liked Litecoin, and I consider it more of a safe haven than Bitcoin.
IOTA is another one I've been buying the last month. Norwegian newspapers love it, because a norwegian dude is one of the co-founders I think? I don't care. But the project is amazing, and I have no problems seeing IOTA at $5 or even $10 within a few months. Once they get listed to more exchanges and even manages to get their shit together and make a wallet, prices could go parabolic.
Ether is looking amazing. Monero is awesome and so is EOS (which is almost at $3,30 right now)
Steem is not doing too great in this environment I think. But it could catch up. It seems pretty stable around $1 which is good.
All inn all just amazing times the past year really. I hope it lasts until Christmas, and just continues next year. What incredible exciting times that are ahead of us in this space. It's almost unreal. Wish you all a great day/afternoon/evening.
Great post. In the past few months during the altcoin slump I kept buying while the prices were extremely attractive trying to get setup for 2018. I didn't expect everything would takeoff in this fashion this year! Happy but concerned everything is getting too frothy.
A lot of new money coming into bitcoin hedge funds and such. I figured that would be good but daaaang!
I hope these prices stay up here or close to it through the end of the year as well. It would be great if we are setting a new price base for alts. Either way, I think 2018 will be big for crypt currencies.
Good luck to all. Again great post as usual :)
Thanks brother!
I'm super excited about 2018 as well. I mean, 2017 has been just what the f+++?? in regards to profits from cryptos. I've been investing more or less for 15 years in the traditional markets, but this has been on whole nuttah level. I'm very relieved? that I DID invest in cryptos early 2017..god lord was that legally late, but I made it in before the insane uptrend started this spring. At the same time I'm trying to figure out why I wasn't there mentally and psychologically earlier. I friggin' knew about Bitcoin in 2009-2010. I'm someone who finds information - that's what I do. Yet, I didn't understand it, and I didn't go for it. I regret that so much, but I've been reflecting a lot over that, and is trying to use that knowledge now.
It's so cool that we all are so early. If it's one thing I've learned in my life, it is; Never think that you're too late. I always used to think I was too late, when I was actually always very ahead in regards to trends and new tech etc. Believe in yourself, and don't think that it's "too late".
I think 2018 will be awesome. I'm going to give predictions on new years, and I suspect the predictions will be high. I can't promise I will eat my own dick if it doesnt hit 1 million in 2020 like Mcafee..but I guess I could eat someone elses dick if it doesnt hit 100K :)
Interesting. I've also been in traditional markets as well since I had my first real job. Got into crypto on this years down slide around June-July after a friend told me about ethereum. It opened up a whole new world of investing. I to thought I was late for bitcoin. I bought some for balance but concentrated on altcoins more. Now I wish I bought more bitcoin. Like you said, never too late.
I have high hopes for 2018 as well. Bitcoin going mainstream will bring a lot of attention to the whole crypto space. We are still in the beginning stages of this whole blockchain revolution. I'm very glad to be here as well.
Good luck and good fortune my friend!
The good thing about the BTC blast through $10,000 is that it took a bit of time. It consolidated just below and allowed the indicators to pull back from being overbought.
There was also divergence on MACD which was looking negative. This move has negated that signal as well.
BTC is looking strong to $14,000.
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Even I am losing my mind. I see growth. Huge growth. But I am still confused in which one to invest, where to invest and how much to invest :( I am seeing a never ending chain of ICO. I'm Soo confused 🤔
You better find a strategy fast :)
Agreed!
Hey @scandinavianlife,,, it's always great to see your report and always have investors to take the right decision for your post you really done a great work.
Thanks robert. I hope people are experiencing some great times in the market right now.
yes,@scandinavianlife ,, i think ,, definately going to be investing in bitcoin now.
I agree completely. I am a uber bull on cryptocurrencies.
Wall Street is coming...hold all you can. Of course, be in valid coins...but the explosion is near.
I love LTC...Charlie Lee is a genius. It will be a $500 token.
BTS is the one I was adding....moved from 5 cents to 16....a nice return but only the start.
STEEM is dragging ass but it will get cooking. Publicity is the big thing and STEEM does not have it. SMTs will give it the exposure it needs.
The benefit of STEEM is that 73% of it is in SP...meaning the tradable amount is much lower...hence people are going to have to pay up once it starts moving.
Steemit/Steem must have a bad marketing department. I just had to read about Steemit for 10 seconds to be sold. And I'm not someone that is easily sold to. The concept is brilliant for everyone who's not a hot 20 year old woman, but actually has something to say. There must be a problem with the publicity somewhere. I don't quite get it..
The challenge is there is a lot more to STEEM than just steemit and the apps on here have been wrought with challenges. This is common for new software/apps but the kinds need to be worked out. I am encouraged by the update on DTube. It think that and Zappl can really attract a ton of users.
I like steemit and believe it will grow into something huge. We are still in the early stages of development on things.
I like Steem as well. It is not doing much in the rally but I'm in the for the long haul. When everyone was complaining about issues on the app a few months ago, I felt these were growing pains. Within a few weeks those major issues with waits and double posts were addressed. In addition to other enhancements came at the same time as well. Great work by the Steemit team. Throw in the SMT announcement that hardly moved the price and I believe this is an extremely undervalued coin.
All apps have bugs in them....it takes a while for things to be worked out. That simply how it is. That is why I always watch the progress in terms of the updates....what problems are the developers solving.
As you stated, the Steemit team took care of a lot. The latest DTube update really fixed a whole bunch on that site...that is ready for prime time in my opinion.
Agreed. I haven't been on DTube much. Glad to hear it is getting issues resolved as well.
Good points guys. Thanks.
I agree. Applications like Dtube are only going to get better and better.
someone give me a damn time machine! I DUN fucked up!
I think we see something 15 000 end this year... then it come back 4000 and start go up more .
Nah..why down to 4000? Doesnt make any sense IMO.
No it not be 4000... it just come little bit down ... and then it go back up if we see 15 000 then it come back 11 000 and then it go up more . All year it is be so :) .... like this ...
three steps forward, two back.... three steps forward, two back... like this. :)
excellent information about BTC thanks
Hope I can quit my job soon lol
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