Major altcoins will moon eventually if a Bitcoin ETF is given a go-ahead but not immediately. We did see a huge outpouring of money into altcoins in early January 2018 to a large part from Bitcoin.
My biggest regret is not having invested in Ethereum and Ripple in the second half of 2016 and the first half of 2017. The returns would've been ridiculous whereas gains in the price of Bitcoin were remarkable but at least an order of magnitude smaller. I feel like an idiot for not delving into the space properly a couple of years ago. I do believe coins like EOS and STEEM have a great deal of growth ahead. It depends on how sound their fundamentals are. Steem the blockchain is gearing up for scaling massively and already has some of the promised interfaces and scalability updates released. The SMT protocol will be rolled out probably within a year. If the entire cryptocurrency space is going strong when that happens, there will be explosive growth in the DPoS coins designed by the Larimers.
The slow start of Steem the ecosystem is perhaps a blessing in disguise as it allows the current crop of Steemians to keep stacking up the coins relatively easily before breaking into the mainstream happens.
I find interesting your ideas and i want to share mine, so i like to find coins with historic low prices and buy for then sell them with some gains between 50%-80% and that can drive you to interesting results in your bitcoin wallet because the most strong coin is bitcoin and we have to try to earn more and more playing with alts. Regards
As of now, considering the past few days, the sentiments are improving and there is general air about how the next bull run just might start. This scenario is not entirely implausible of course but if past few months have taught me soothing is that, I shouldn't hope for too much.
I also think why so many established people in the cryptosphere feeling bearish might actually be onto something. There is no harm in feeling bearish. If it goes down then it was what they predicted and if it goes up, they'll take the profit and await for the next low to buy in an even greater stake.
This is just how this works. As for me, I feel a bit tired of this constant buying and selling and I HODL as much as for the fact that I trust crypto but also to maintain my sanity in the volatile markets.
If ETF will happen, then it will happen and if it doesn't then we'll take a dip and bounce back later. Alts on the other hand I feel have taken an epic battering, just like you said. They probably will bleed some but they have done their share of bleeding and I think might be relatively safe in the next battering to come.
After a 30% increase in bitcoin I would hesitate to add positions here as mostnof the increase is due to the market expectation of the ETF approvals and the lack of sellers in the market. Therefore, the risk/reward is not really positive given that ETF could be rejected or could actually be approved but lead to a “sell the news” approach. However, pullbacks may be an opportunity and of course any time is good for a long term hold approach.
I do feel like we are bouncing on the bottom.
Let's hope this will create a nice platform to launch from.
If that's the case I see both BTC and altcoins moon! let's hope for the best
You're right a lot of other coin are really taking a lot of battering I think bitcoin investors may not really have much decision to make rather than to keep investing can't say much for altcoin
Hi sir @louisthomas your investment opinions is very helpful and effective for us. I believe bitcoin is the most standard coin for investment. Every investors get a lot of profit from here. As we invest more and hold it then we will be also a successful investor. Your daily sharing helpful investment advice enhance our investment knowledge.
The argument you give works well with my brain, even though my knowledge is limited to daily experience. I decided to give it a try with a bit of my inner consideration of course. Thank you friend!
You have said it all in your video, like seriously each of the investors in crypto currency gonna manoeuvre their way towards dangling into many crypto as possible most especially steem unlike bitcoin that could be mining by people themselves. I really find this valuable.
Quality information here Louis. I think that Bitcoin will rise and so will altcoins. Right now I am putting all of my attention on Steem. Hopefully Bitcoin does well soon which will also raise the value of Steem.
Major altcoins will moon eventually if a Bitcoin ETF is given a go-ahead but not immediately. We did see a huge outpouring of money into altcoins in early January 2018 to a large part from Bitcoin.
My biggest regret is not having invested in Ethereum and Ripple in the second half of 2016 and the first half of 2017. The returns would've been ridiculous whereas gains in the price of Bitcoin were remarkable but at least an order of magnitude smaller. I feel like an idiot for not delving into the space properly a couple of years ago. I do believe coins like EOS and STEEM have a great deal of growth ahead. It depends on how sound their fundamentals are. Steem the blockchain is gearing up for scaling massively and already has some of the promised interfaces and scalability updates released. The SMT protocol will be rolled out probably within a year. If the entire cryptocurrency space is going strong when that happens, there will be explosive growth in the DPoS coins designed by the Larimers.
The slow start of Steem the ecosystem is perhaps a blessing in disguise as it allows the current crop of Steemians to keep stacking up the coins relatively easily before breaking into the mainstream happens.
I find interesting your ideas and i want to share mine, so i like to find coins with historic low prices and buy for then sell them with some gains between 50%-80% and that can drive you to interesting results in your bitcoin wallet because the most strong coin is bitcoin and we have to try to earn more and more playing with alts. Regards
As of now, considering the past few days, the sentiments are improving and there is general air about how the next bull run just might start. This scenario is not entirely implausible of course but if past few months have taught me soothing is that, I shouldn't hope for too much.
I also think why so many established people in the cryptosphere feeling bearish might actually be onto something. There is no harm in feeling bearish. If it goes down then it was what they predicted and if it goes up, they'll take the profit and await for the next low to buy in an even greater stake.
This is just how this works. As for me, I feel a bit tired of this constant buying and selling and I HODL as much as for the fact that I trust crypto but also to maintain my sanity in the volatile markets.
If ETF will happen, then it will happen and if it doesn't then we'll take a dip and bounce back later. Alts on the other hand I feel have taken an epic battering, just like you said. They probably will bleed some but they have done their share of bleeding and I think might be relatively safe in the next battering to come.
After a 30% increase in bitcoin I would hesitate to add positions here as mostnof the increase is due to the market expectation of the ETF approvals and the lack of sellers in the market. Therefore, the risk/reward is not really positive given that ETF could be rejected or could actually be approved but lead to a “sell the news” approach. However, pullbacks may be an opportunity and of course any time is good for a long term hold approach.
I do feel like we are bouncing on the bottom.
Let's hope this will create a nice platform to launch from.
If that's the case I see both BTC and altcoins moon! let's hope for the best
Looking forward for btc to moon. I too believe no matter the news btc should benefit the most. Thanks.
You're right a lot of other coin are really taking a lot of battering I think bitcoin investors may not really have much decision to make rather than to keep investing can't say much for altcoin
Bitcoin ... Let's see as I have bought alts already from my BTC :p
You have some good points here ,i really hope that will work for you well
Hi sir @louisthomas your investment opinions is very helpful and effective for us. I believe bitcoin is the most standard coin for investment. Every investors get a lot of profit from here. As we invest more and hold it then we will be also a successful investor. Your daily sharing helpful investment advice enhance our investment knowledge.
Hey Louis, if you could only hang on to Ethereum, IOTA or Litecoin this month, which would it be?
Very good job my dear and today you explain very good point
Can not predict about altcoin but as per my opinion we need to invest in BTC looking at rising graph.
the market price of bitcoin is increasing day by day...its a great news for us
The argument you give works well with my brain, even though my knowledge is limited to daily experience. I decided to give it a try with a bit of my inner consideration of course. Thank you friend!
Our latest Crypto report featured the following trade ideas for July 22–28 Trading Ideas:
Structure Long-Short trading position to benefit from $7,000 BTC levels
Long GoChain on favorable r/r setup given altcoin index outperformance for the month of July
https://news.caviar.io/crypto-weekly-outlook-week-of-july-23-1a4374aee81a
You have said it all in your video, like seriously each of the investors in crypto currency gonna manoeuvre their way towards dangling into many crypto as possible most especially steem unlike bitcoin that could be mining by people themselves. I really find this valuable.
Quality information here Louis. I think that Bitcoin will rise and so will altcoins. Right now I am putting all of my attention on Steem. Hopefully Bitcoin does well soon which will also raise the value of Steem.
-Ken