Crypto bleeding. Why I am HODLING?
Hi,
If you have BTC or any other cryptocurrency you maybe suffering like me right now.
I bought Bitcoin at $2.800 lost a lot of money since then but the reason because I am holding and not selling is because I believe in bitcoin. Charts have shown ups and downs and if you are aware about segwit you knew this was coming. But all of this is a process, you just need to know where to put your money. For instance, LITECOIN dropped just a little and then stayed strong at 39usd, and if you see charts from the last week it actually went up vs BTC.
SOURCE I regret not buying LTC.
I think the key to invest in cryptocurrencies is to be updated and follow some simple rules when analyzing, things like % over BTC besides the USD price. Maybe you think, what a stupid dude telling me this, is obvious. The reality is that there are too many "late adopters" of cryptos that aren't doing this kindergarten analysis and it is necessary.
I own Bitcoin and Ethereum (70% of my portfolio) and the other 30% it is fueled by GOLEM, OMG and STEEM. My mindset is long term investment.
I am sure I'm maybe not doing the best choices but it is a learning curve for me. Also I don't have that much time to dedicate to this because of my work, this and that.
*My humble recommendation, buy ETH and LITECOIN. 60%
*Keep BTC in paper wallet ASAP 40%
I hope you found this article helpful or just felt recognized with me, upvote and resteem if you felt so :)
Best,
Fefein
@fefein, I agree with you bro. We must HODL or die!
xD just kidding but we really should wait until it resolves.
You've been UpVoted via the UpVote Experiment 002 Bot. Depending on my VP & the price of STEEM you should get a $.01-$.03 for your trouble.
Read more about this experiment here.
Thank You - @blueorgy
this experiment is pretty strange..