Bitcoin - You Are Here.

in bitcoin •  7 years ago 

cryptohub-bitcoin-trend-hilarski.jpg

Get Ready for a Bumpy Ride.

The next few weeks or months are going to be quite exciting for all of us crypto fans. This slow down in Bitcoin has made all of us who hold shitcoins much wealthier over the last week. Just remember that the pendulum always swings back the other way.

How to Play the Bitcoin Volatility.

1. You can just Hodl Bitcoin.- You will receive all of the hardfork coins that are coming.

2. Hodl Alternative Coins and Tokens.- Much more speculative, but the possibility of huge gains can't be understated.

3. Trade Bitcoin with Leverage.- You can do very well but it is the most dangerous way to trade.

4. Trade Alternative Coins.- If you have the patience to read charts, follow the news and social media you have the opportunity to hit home runs regularly.

5. Buy into High Quality ICO's and Tokensales.- This is highly speculative but the returns can be huge if you do your research.

What I am Doing with My Crypto.

I am now only doing 1,2,5. My days of trading with leverage are over. Our business has grown so much that I no longer have the time or patience to trade full time. I love buying into ICO's. The difficult part is finding the high quality ICO's. Thank goodness my team helps me figure that out.

Hodling is something I am not used to doing but it sure feels good. The change of heart happened while I was at Steemfest in Lisbon. @LukeStokes and @TobyDaniel2 the guys convinced me that being a Hodler can really pay off. I have literally not traded with leverage since I returned from Europe. I do trade alternative coins based on news still but that type of trading does not take over my life.

Thank you Guys!

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Everything has a down point the the real point is to hODL which I know leads to a better future . Everything going on with bitcoins fall is temporary

When it comes to Bitcoin, the sky is the limit.
The fall is just temporary.
The price will Rocket up again
Hold you Bitcoin guys.
HODL it Tight

  ·  7 years ago (edited)

I like the first point.. Holding BTC and accumulating all hardfork coins.

U5dqw1kezbpPMChZg4URqdiaNwVeCG6.gif

I agree with you, I think it will go up. Bitcoin is the mother of cryptocarency.
thanks for sharing future information @hilarski

  ·  7 years ago (edited)

I like to earn 2 or 5% per day doing trading now we can see a healthy market where you can find some coins that can give us 5x 20x etc.. :) what a wonderful world hilarski hehehe and yes hold hold hold. I bought 500 Civics when you recommended it, and now i can see a 2x just holding. Regards

Thank you for your post! I just want to ask you where do you hold your btc? So that I will receive all of the hardfork coins? Today was a nice surprise when I received free bitcoin cash in coinbase.. currently my btc are in bittrex and I am not sure if it's the right place to hold ! appreciate any reply XXX

I'll take the option number 1
wait good hardfork
the bch, btx and btg have left good profits

Glad your business is growing it is maybe a good sign that you have no time for trading. But you are still active in the crypto world and taking full advantage of the pleasures of the speculative nature of the field, risky yet rewarding in so many levels. I hope you will have an even better 2018 as we walk slowly towards the end of an exciting year.

Yes, I agree with you, he is going down to the stage of ascension
Good and logical analysis
Thank you for motivating us to invest in currency
And not leaving it yes it is the strongest currency at all
thanks @hilarski

Do you expect Bitcoin to reach $ 50,000
You only expect that how much time is likely to reach this result?

Good advise, it is really wise to grow with the flow.
Since coinbase adds BCH, we will see the progress of both coins in the market, but I know BTC market is huge compare to BCH.
Keep on steemit

Am I correct that all those ATMs around the world and systems can only run BTC and not BCH ?

You are correct. https://tigoctm.com aslo offer Dash. I saw a company in Japan offering ADS (Cardano) at their machines as well.

  ·  7 years ago (edited)

yes friend i agree bitcoin go up n we have to take patent n hold coin n also thanks for great information love your blog.

That is a fine strategy @hilarski :-)

I am basically doing 1,2 and 6. Six? 6 being trading BTC to fiat gateways and back without leverage.

Number 5 is too tricky for me, but that is just personal preference. We're in the post-ICO hype phase and although there are quality ICO's still starting, profit are now mostly made during the pre-sales and pre-ico's. Next to that, I don't like to lock up my investments for 3-6 months in this crazy crypto world ;-)

Anyways, good luck with the hodling!

You are right it is a long time to wait. I like how I get to set it and forget it.

That can indeed be an advantage too :-)

Hodling (and in some cases, just forgetting about) the tokens is paying off very well for me. I am also keeping BTC and BCH on a token for token basis. Right now, the new counterbalance to BTC is not ETH, its BCH.

Buy Dash

Excellent strategy, my friend, your methods that you use are very correctly involved, especially with such a Bitcoin volotility! Thank you @hilarski for your opinion!

On the news it is difficult to trade. Sometimes it seems that the coin has to take off, and she takes and falls, despite the good news: (

I'm still learning about crypto, but hoping for bitcoin to rise

Excellent post about bitcoin trading market, steem and Cryptocurrency. Follow and upvoted. Thanks for sharing such a good post.

wonderful post.resteemed this post

Thanks for the shoutout, Randy.

One thing I've really been enjoying lately is being a long-time BitShares and STEEM holder. I think some people are finally starting to realize the value and utility of these platforms. The increase in value of my BTS has allowed me to branch out and invest in other projects I find interesting. I'm a little hesitant about ICOs though. I need to get my confidence back up there, I think. The "NO US citizens" stuff frustrates me and though I've had some great wins, I've also had some duds where I wish I just held instead of speculating on an ICO.

I love posts like this where you share your story and what you're learning.

I am so thrilled that your BTS finally took off. I sold mine due to impatience.

What do you think about the wave of unconfirmed transaction, Hilarski?

Awesome picture with btc :D

Congrats on your success in business. Bitcoin is king. Hold your bitcoin and buy on the dips. That is what I am doing.

You know the point. You have experience.

Hi Randy Greetings from Guatemala, Ill be buying some crypto next month. When the value will start going down a bit, take care.

@hilarski,

Yeah dude, I do like this bear :D HODL is the only option! Great advice and BTC uptrend will happen soon!

Cheers~

hahaha,....... i hope,bitcoin hurry up grow in $50000..thanks for sharing. The chart is looking like the consolidation is coming to an end. Could be a good time to pick some up. Good luck! upvoted and resteem
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in next few weeks what will happen again. very informative post @hilarski

@resteemia

Hello @hilarski,


ICO you told us before is extraordinary good & you are an extraordinary good financial advisor too.

~@mywhale

@hilarski - Sir, 'How to Play the Bitcoin Volatility.' it's ver valuable content for me. I do have few BitCoins & if 1% up it means hundreds or thousands $$$ Sir... Nice you decide to share this info Sir...

+W+ [UpVoted & ReSteemed]

A lot of money is being reshuffled now. Me too, I see BTC keep going up north but maybe a little slower than most people recently expected.
Some smaller coins might be a nice alternative for a while before switching back to the coins which will finally survive

Hard to argue with your logic. You've been pretty in tune with the crypto market overall, at least from my vantage point. I would not have thought of intentionally holding BTC for the fork coins, so that is very good advice.

You don't know that! How could you know that? Do you really know that?

Even a growth to 50k does not mean that much at this rate. It's a growth of 2.5x while we have seen a growth of 20x :)

Got what you said HODL BTC, it will gives you free coins & free earning with highest ROI ratio. Nice post

~Followed & Upvoted

Plenty great advice given here Randy, hold and grow. Love going through all the comments below, everyone involved enjoys sharing experiences with a variety of crypto's.

Much like you I have never held forked coins, sold after a few months.

Congratulations @


It'll not take long to be there. Exceptional article with full of useful information...!!!

50% Upvoted by @MinnowsPower

REM comes to mind... Matt the hoople and the game of life... We need to believe...

I'd like to believe that your prediction will come true :) Although in any case, I follow points 1, 2 and sometimes 4 :)

I feel like Bitcoin will grow but at a slower pace at this point. There is no rush to get into the market now with Futures available.

Amazing.. Bitcoin is going to rock..
YEAH.. HODL HODL HODL AND HOLD..
CHEERS 🍻

I agree. A roller coaster up and down to $50,000 and beyond.

Yeah it will spike up again...

just hold your bitcoin and be a one of them gainer crypto.

i feel like everyone will continue to hold every Crypto they have and one day system will break and vanish. skepticism remains

And here I find myself trying to act like I understand all of thisthis....lol. I bought into Bitcoin for the first time last night. Please tell me I will understand all of this better at some point? Lol. #fake-it-till-i-make-it🙌😊

I think I'll HOLD too, both BTC and BCH. They'll go higher next year!

thanks for sharing good information. very useful

100% like and resteem

One of the most importent point.Holding BTC and accumulating all hardfork coins.thanks.

Thanks for the information.I agree with you.

Thanks @hilarski
Have a nice day

Nice post @hilarski
Great analysis. Very good job
Thanks for sharing

bitcoin top level! crypto best chart

in today's times is the best if we HODL Bitcoin.

good topic and thinking.thanks for sharing....

@hilarski I keep holding BTC... It's less stressing than trading. And probably safer too...

The holding strategy sounds good, has to do with delayed gratification.

It's so hard sticking with a coin you chose knowing how good it is and seeing the likes of Dogecoin piss all over it in terms of price.

  ·  7 years ago Reveal Comment

thanks for the info

So it not too late now for newbies to enter the bitcoin market. I am hodling now more and more steem.

Good luck Randy

Steemfest seems a long time ago already to me, Steem was hovering around .8/.9 and SBDs were are that level too - What a difference 6 weeks makes!

Have you read of any plans for the BTC devs to increase the block size or decrease the transaction fees in the next fork?

Sure, BTC was the first, but if it doesn't keep up with the technology, then cryptovestors might start shifting to ALTs that can handle the bandwidth.

Having said that, I agree HODL is the right approach for now.

I do not think the numbers should be mutually exclusive. The timespan / period is key in my opinion. Therefore I would go for something like:

Correction - More then 20% decrease within a period of maximum 2 days
Bear market - Decreasing more than 40% over a period of at least one month.
Crash - A decrease of more than 50% within 12 hours.

What do you think?
@hilarski

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  ·  7 years ago (edited)

good topic and thinking @ hilarski.Thanks for sharing.

I'm just trying to diversify my money into a variety of coins for the chance that some take off. If there is a crash for one, then I will hopefully not be impacted as bad. Definitely keeping BTC for fun too.

i 100% agreed with your views and suggessions. bitcoin now take bumby right and in next month cross the limit of 50000$. so we should Hold on Bitcoin. Thanks sir, @hilarski for helpful updates. cheers.

HODL is a passion when we deal with BTC. Hope I'm not soo late to be present to the discussion~

Very informative post. Helpful and easy to follow. I should definitely go with Option 1.

You always educate me through your posts. Please keep up the good work.

Upvoted

yes friend @hilarsk ,,, bitcoin is here $50000.. great topic and good list.
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@hilaraki
interesting story and good post, I really like it

What do you think about Bitcoin GOD? Maybe it's low before fork.

I dump any coins I receive via the hardforks.

Very good...

Great analysis of bitcoin. Thanks for sharing

I really like your anticipation...I will hodl and hodl also. Thanks for the insight @hilarski God bless!

great idea...thanks for share

Bitcoin? my trust in investing in bitcoin is waning.. i do not want to sound like a dooms day prophet, so let me just keep quiet

Too late, you spoke up.

me too, this fore will be very interesting for krypto currency fans ....

This photo shows exactly what I think. Well done. Whoever it did.
With the financial institutions joining the Bitcoin game now I think Bitcoin will loose short term. But after that it will shoot up again.

Yep hodling is key but so is keeping an eye on the market at all times. For example, being a hodler of MySpace shares until 2017 would not have paid off. If there is a real switch away from Bitcoin to another coin with more scalibility and utility people are going to have a tough decision to make

  1. HODL for dear life

No matter what happens, bitcoin and cryptocurrencies as a whole are a game changer.

The long term direction is the sky, what happens in the short-term shouldn’t affect your financial choices for the future.

It's really crazy where we have gone, and will be going in 2018. Allot of peoples lives are going to change very soon.

So we're in the bear trap right now you think? Wish I had the guts to sell at the high and buy the dip, but alas I will end up just hodling. Due to small dollar amounts in my account (until recently since I dipped into crypto), my trading has always been medium to long term so as not to lose much money to churn, so I'm used to it. But trading these dips looks oh so tempting. Glad you're at a spot where you can just take it easy.

So many things happening right now. Luckily you have a great team to rely on! Exciting times ahead!

Always fun to hodl and ride the crypto mania
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You're pretty brave to go after those ICOs @hilarski... but you've been in this game for a long time. From my unskilled perspective, it feels like half of what's coming to market has no reason for being aside from some people deciding they can "make a lot of money" if they create a White Paper and use the word blockchain enough times.

I like things like Steem and Bitshares because it feels like there's a "something" behind all the semantics. But maybe I'm just stuck in an old paradigm that an idea needs to have an "underlying reason" in order to become something. In cryptopia, it often seems like simply "the idea" is enough, and nobody cares about a functional application...

long live crypto we are on the verge of something exciting :D

i love to do research on ico they pay off !!

Buy and Hold, while not emotionally linked to any of the cryptos I own,I see no reason to play with them. As they all seem to be appreciating faster that my dollars are depreciating it seems an easy,stress free win/win.

the ride is about to begin :) to the top

yes thats there very soon

Honestly, anyone who professes to be an expert in crypto is likely to be wrong. Very few people have ever made a correct prediction about crypto, and even then, it was a spray and pray prediction. For each right prediction, there were a shipload of wrong ones.

Meme Contest For SBD On My Blog💰😂