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RE: Bitcoin having worst week in more than 2 years, but it's not just Bitcoin...

in #cryptocurrency8 years ago (edited)

The strategy is to buy low and sell high and you will always be in profit. However how do you know that it is low at that point in time? the strategy is to hold in the long run, take out some profit and diversify to Etherium, Dash, Monero, some sleeping beauties and Steem which is my best due to its ability to take over social media..a win win for all of us. Good post @jrcornel and thanks for your comment @danielownsall upvoted. Lets all stay in touch

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I don't know if it is "low" it is lower then the "high" and I have good faith the "high" wasn't the last one.

People tend to over react whenever market corrects itself. Bitcoin will rise drastically by year end ie if the limitations (see my page post for Bitcoin and Steem issues) are resolved.