Alright guys so with the current bear market where in I've decided to move all of my BTC And ETH into altcoins. Basically what I've done is moved them into stellar lumens an altcoins which has been growing in this market rather than falling. I plan on leaving my coin in stellar lumens until the end of July. I foresee ethereum hitting 100$ and btc hitting 1,500. Where only half way into the month and both of the main cryptocurrency have dropped an insane amount. Now I'm all for hodling however if I see an opportunity to multiply my coins I'm going to take it. Il use ethereum to explain exactly how I'm going to multiply my coins. Let's say I sell .1 eth right now for 17$ convert it into stellar lumens of ripple and let that shit there until the end of the month. Assuming that ethereum will continue to drop, let's say it reaches 100$ at the end of July, Il buy 17$ worth when ethereum is trading at 100$ and have a full .17 versus my .1 which I would have normally had. Obviously speaking do this on a bigger scale will give you more coins in the long run however with the way stellar lumens and ripple have been behaving it's safe to say that these coins may continue to climb. Therefore furthing in multiplying our coin. Although this may come off a bit risky I plan on experimenting with this for a week and Il update you guys on how it goes every day! Follow me if you would like to see how this turns out.
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Discloser that I only hold Steem at the moment.
Every currency but bitcoin should start seeing a relative increase due to hard fork uncertainty. I agree with everything you said except for ethereum continuing to drop. I believe ether will start trending upward once investors more faithful to bitcoin run out of ether and other cryptocurrencies to sell to increase the price of btc.
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The logic is correct but both Ripple and Stellar are overall losing as well. However it's true, they are leaving less points on the way and in theory your strategy should work. How did you get the $100 for ETH?
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