RE: BTC Daily Market Analysis - 12/30/2017 - Looks not so good!

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BTC Daily Market Analysis - 12/30/2017 - Looks not so good!

in bitcoin •  7 years ago 

Hi, You mention in all of the recent videos that you will increase your BTC holdings over altcoins because of the returning anticipation of BTC dominance. While you state here that you would rather buy Steem or EOS. Do you still think that BTC could reach 50% dominance in two weeks?

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Just because BTC goes up doesn't mean I want to own it. Other altcoins have the potential to go up way more than BTC. I cover BTC primarily in videos because this tells us where the entire crypto market is headed. It is far more useful to know what BTC is doing, which tells us to some degree what every coin is doing.

Also, this content I provide on a daily basis sometimes, is just daily analysis. It has very little to do with long-term investing, other than it gives us good entry and exit points.