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RE: Bitcoin (BTC) Morning Update: There are 36 Possible Corrective Combinations!! What does this mean? Check out this analysis!

in #bitcoin7 years ago (edited)

Many Alt coins with high potential are at extremely low prices right now, which would be a prime time to ladder into a few of them. Personally, I would keep half in BTS, then choose maybe 5 other coins that are at lows to ladder into. Unlikely they fall lower, much more likely they start gains again. The percentage value in BTC is quickly shrinking for smaller budget investors. BTS is projected to fall to about 16c then up to nearly 40c, that's quite a rake for half your funds.
IMO your top prospects at the $200/coin price range would be STEEM as it cycles up again hopefully today, LBC is very low and a good paying coin, DGB, XVG.......and there are many others recently posted in Haejin's blog ready to take off, and you pretty much couldn't time your buy into those any better than today.

Just make sure you are informed on your choices, and are confident in your buys.

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thanks for the reply scarlett. unfortunately my other money is in dash and spreadcoin now and they are both down so i will just hodl i think

Spread should perform well, dash is great, but pricey.

scarlet when you say dash is pricey, what do you mean? i only look at potential percentage gains. is that wrong?

I could be wrong, but I think what @scarlet is saying is that for DASH to move 50% is a $300+ dollar move. For a lower cost option like STEEM, a 50% move is .75 cents.

No, that's how I would look at it. I just mean some coins are pennies or less and have great potential. DASH also has great potential for gains, but the starting price is much higher.