Bitshares, Trade the Ups and Downs!
It wasn´t even a week ago, whenever I bought some Bitshares due to the huge Potential I see for the coin in the long run. But due to the quite regular ups and downs of sometimes more than 10% I started to trade BTS accordingly for some short term Profits.
At the very moment BTS is listed as low as $0.07 or about 0.00001735 BTC, which is more or less the lowest point it actually reached throughout the last weeks.
But whatever goes down has to go up again eventually so that another Investment into BTS was just kind of a no-brainer for me. I mean, a short trade on a 5-10% Profit is never to be denied, right?
Further it´s very likely that we see BTS soar up to values ways beyond 10ct or even 20ct within the next months, so that in any way it´s the Nr. 1 Investment for me besides Steem ;)
Disclaimer
Please note that everything within this Post only reflects my personal opinion and Investments I did well knowing the huge risks of the CryptoCurrency Market. It´s definitely not meant as an investment advise, so in case you plan to align your investments on any of the above provided information it´ll be fully on your own risk!
If you dont mind me asking what do you think will drive bts back up or are you just trading the bounces. I only ask because I just seem to loose money everytime I buy some bts.
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The problem might be that you are looking on BTC/BTS price ticker instead of USD/BTS one. It's quite stable in USD terms.
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Ah ok. Yeah I prefer to look at most cryptos in terms of BTC price which may be a mistake, but that's just my preference.
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how much reliable is bitshares
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much reliable my friend
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I am on the bitshares train as well. Buy the dip.
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Let's hope the recent big dip can be overcome soon ;)
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I bought some a few weeks back.... Going to buy more... It's tough though I'd like more steem too and a few other coins .. it's hard to decide
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I know how you feel as it's a regular struggle to decide the some coins you want to buy.
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I am holding a long position in bitshares...am pretty bullish!
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Why do you believe Bitshares has investment potential?
I'm asking as someone who knows nothing about Bitshares.
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It's one of few blockchain projects that have a working and usable product.
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Can't say I have traded BTS before. Mainly BTC, NEO, LTC may have to give this chart a look.
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It's just been delisted from Bittrex? What's going on?
Is it Bittrex banning as it's a competitor, or have BTS broken the law?
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BTS is a serious Bittrex competitor being the only usable DEX
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That might be one reason but it seems as well as there might be some laws or regulations that bts can't meet through its decentralization.
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