image source: payament.com
Is being a week since the BTC fork, and we have seen a lot of turbulence in the market. BTC has already regained steem and now in ATH, but most Alts are still in behind. This is what I have learnt and seen from the cryptomarket :
When BTC goes down, the Alts follow
Whenever there is a fork, just know depreciation in BTC price comes before the actual day, in this ase it was 2weeks before Aug. 1st it dipped.
Get those coins that have not reached their ATH since after the fork, They will definately reach and surpass their ATH in maximum of a month's time
Volatility will be high now as marketcap increases to over $120billion, thus when ever you buy a coin set a target and a sell order so you wont miss out when you offline.
If its a long hodl set a stop-loss
Learn day trading, especially BTCUSDT it will be very profitable if you good with it
November 1st is another fork, thus mid of Oct will experience market drift, plan well for it NOW!
May The Odds Be In Your Favour...Always
Drop your comment on your take on Cryptocurrencies, Upvote , follow and resteem if you like my post
The principal! He will give me TP! I would hate for my bungholio to get polio....Where I come from, we have no bunghole.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Sorry I dont understand, what is bunghole?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @stevekins! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit