It´s been a while since we saw the markets going down more than 20% in small window of time, but this time it is special, because we finally reached our expected mark to get ready to pump up again.
Everybody was wondering and getting paranoid to find the bottom of the BTC market, and here is the answer, like many tools allowed us to predict. Since the beggining of the drop I saw 2 posts here on Steemit that were based on mathematical analisys and they got it completelly right. Saying that, the next stop (turning point) will be BTC worth $45K (according to their calculations).
I don´t remember the steemian name who wrote it, otherwise I would gladly tag him here, he deserves all the credicts.**
I´m not saying that I didn't believe that $6K BTC could be the bottom, but I was very aware that after the $20K peak we had to go back and touch the $4000 price of BTC. Just like I "know" the next important mark will be around $45.000 BTC.
This is the current looking of the markets (time of writing 8:30 EST), at least a look of the 50 biggest coins right now.
I would love to hear/read from you what coins do you think are a good investment, especially now that "Black Friday" has arrived.
And also, if you want me to make a post talking/explaining about my favourite coins, feel free to ask for it in the comments.
To finish, talk about our loved STEEM which has also reached an almost perfect price to buy, its time to take action. Do not to be afraid and leave!
This is not financial advice! Do your own research and take your own precautions.
Thanks for your time!
If you appreciate the work I´m doing:
I have only been buying ETH now. And it doesn't ever take me too long to convert it into STEEM.
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With this prices almost every coin is good enough to buy. ETH has shown how good it is, so you have a great investment and especially, you are on the right path... always convert to STEEM :D
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I don't have any ETH left now. I bought lots of STEEM with it.
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We will see where the journey is going to take us.
I know a lot of people do not like Ripple, but for me it is a great opportunity to by in.
And btw. What are your favourite coins?
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Indeed, only time will tell what's going to happen.
I don´t hate Ripple, but I do not recommend people to buy it, just because there are so many great projects outhere with much more potential of growth.
From this Top 58 I absolutely love STEEM (what a surprise) :D
Being more serious, I'm definitely liking what Stratis, Zilliqa, Lisk and Stellar are doing.
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I did buy some NEO, EOS, KCS and BTC today. Also doubled my share in Snovio, not that I do have trust in it, but it did only cost me $5 to double up. Which did nice things with the average book price.
I do hope that you are right. But only time will tell. For the moment I will not invest new fiat money in the markets. If we are going to 45K with BTC, buying them at 6K still would be a bargain.
Cheers,
Peter
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Good buys, all established coins with still a good margin of growth. Never heard of Snovio, but $5 don´t really matter, so, nice double up :D
Indeed, time will tell. It doesn't matter where/when we buy, as long as we feel comfortable with the risk and we choose the right way... UP!
Thanks for commenting,
Diogo
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Black Friday for crypto, I love that concept, been adding to several positions at great prices, and of course powering up more Steem
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