Roller Coaster Taking Dive

in #btc5 years ago

king.jpg
https://pixabay.com/photos/crown-kings-bavaria-germany-europe-759296/
BTC is trading at below 9500 USD now and I am not sure where this is going to pull back. Some are saying that 13000 USD was the ATH while some are saying that after the fall it is going to rise again and break the last ATH set by the BTC. One this is clear that it is ups and down and not all the way up. So one should learn to take out profits whenever they can. I am now on the policy of taking out profits when I get 25 to 50%. This is the better policy under these circumstances. I am investing in steem as well but steem is also going down and down. Steem was stable some months ago and was not falling but now it is falling against btc and USD too. Not sure what is happening, the good thing is crypto keeps you on toes.

eagle.jpg
https://pixabay.com/photos/white-tailed-eagle-adler-bald-eagle-2015098/
Through this roller coaster, part of btc is fun seriously it is hard to see your portfolio down by 80%. You are not very sure now that 9000 USD is a good price to go in or you should wait for more. As we have seen that it can go down to 4000 and below.

rat.jpg
https://pixabay.com/photos/mammal-rat-eyes-ears-907690/
Surprisingly we have not seen anyone till now that has the ability to stand alone against BTC. All coins follow the king BTC. BTC goes up they go down, btc goes down they go down. That's stunning for me and weird too, you might have some examples like the dragon is going against BTC today, but this is rare. Regularly all coins follow the king.

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shitpost! abusing bid bot

A level 25 account knows how to jump in, identify a "shit post", insult people and call steemcleaners?