Lately I have been so busy stockpiling Bitcoin, EOS, Steem Dollars, & IOTA that I totally neglected my Crypto stock picking duties for the last few months.
Don't get me wrong, this year has been a great year for me and Bitcoin Stocks! I have been making money all year with GBTC, but the more gains I grew, the more my GBTC tunnel vision grew deeper. Luckily for me I had a friend @ilovewailuku snap me out of my hypnosis after she told me about her crypto company stock investment making her 1000's of percent! Before she could tell me any more it was like a light bulb went off in my head, I immediately looked up thecryptocompany and found the ticker CRCW, The Crypto Company, it was up over 100%, so I bought 5 at $480.
Even though I bought on the spike last Friday, it was still up big this morning, so I picked up another 7 more! I thanked @ilovewailuku for the tip, and to my surprise she gave me a few more, RIOT, MGTI, & BTSC! I got to work, picked up 100 RIOT in after hour trading, however I will have to wait to get the other two OTC stocks when the market opens.
Bitcoin Fibonacci Analysis
Bitcoin just bounced hard off the fibonacci 50% high probability buy zone around $13,000, so I think we are going up to the next target, over $20,000! Actually I think Bitcoin is going to surpass the Dow Jones Industrial Average very soon, which will bring a lot of attention boosting us up over $30,000!
I believe Bitcoin bounced off 13,000 and is back off to the races. I would however like to include a larger time frame fibonacci to get an idea of the risk involved in the short term with Bitcoin. If we did have a correction and the $13,000's don't hold, we could go all the way down to $9475, but that is not anything to worry about now.
Portfolio Update:
What I have learned from Bitcoin and the other digital currencies is that it is never too late to start making money with them. When I tell people about Bitcoin one of the first things I usually hear is " I missed it" " It's too late" & " That ship has sailed" but I know that attitude does not work in crypto land, the attitude that works is the opposite one, when you hear of a crypto currency or crypto stock going up, it is most likely time to jump on board because the ship is sailing!
nice update on bitcoin thanks for share.
you are correct, it's never too late to start. I have started cyrptocurancy on June this year and @theguruasia is the one who help me for my journey. And not only that credit goes to him for introducing me to Steemit. I am not a big investor but I have learn a lot about this market and with experience I will invest more in future, everything cannot be achieved in short time.
Hard work, dedication and commitment will drive you to the success .
Cheers!
@coininstant Do you think that 2018. is the year of altcoins? Personally, I think that, for example, LTC is showing us just a sneek peak of its full potential.
That's very important blog post about cryptocurrency Portfolio Update.
Thank you @coininstant.
Resteemed.
Valuable news update of bitcoin fibonacci analysis and portfolio update. I can good understanding now with this article.
Up-Voted & Re-Steemed.
One of the best crypto analysis. Keep it up, it's very useful thing for all of us.
~Followed & Upvoted
bitcoin top level
@coininstant,
Wow this is a very useful article! You made an amazing profit by holding coins for few months years! What do you think about Nexus? Today I checked it and seems it has potential to grow more!
Great analysis you just made today! Thanks for sharing such great market review with us!
Cheers~
I will have to do some more DD, but looks promising, thanks!
In this season cryptocurrency will be great return investment. Thank you for posting.
Best posting
@coininstant - Sir you made a nice analysis of current crypto market & nice you got a good profit through it..... Nice you decided to share this useful update Sir.....
+W+ [UpVoted & ReSteemed]
It can drop to 9,000 margin, but it will rise again. BTC is the boss, you made a nice profit by your investments. Congratulations~
thanks for update value information on bitcoin.@coininstant.
Yep buddy the way BTC is going it might go beyond the prediction which is somehow good and glad you got your way out and got into some great Currencies .Hope your Portfolio gets more stronger ;)
You are the only one who says that and it give me satisfication to get started i still need to learn a lot everytime is a good time to invest in bitcoin for sure if not in else
not only analyzing you already provided nice tips what we do next. valuable content & impressive analysis. nice post @coininstant
@resteemia
reteemed & upvoted & commented & followed
yes ......@coininstant everyone who heard about bitcoin prices now, they must shake their heads, because as you say, they do not board the ship, at which time will go far.
Hello @coininstant,
Extraordinary good blog post which is described the current crypto market place very well. You got a brilliant skills of market analysis. Useful & a valuable post.
~@mywhale
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STOP@coininstant
Yes...1000% agree with you my dear friend...
That is very useful article for all new crypto currency users...like me...
We l done and perfect work sir...
Cheers~~~
Thanks for the information sir.
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looks like it will not stop now at the current pace and the future launch interesting to follow :)
Thanks for sharing much about in details and giving details will be following your for more such posts :)
Some people missed the boat at 5k because was already to high then at 10k and not at 15k :) some day people will miss the boat at 100k