Strategic Advantage: The right time to Buy Steem and Bitcoin

in motivation •  7 years ago  (edited)

The secret to being rich in our fast evolving world is to know what will happen tomorrow _ie to have the power to predict or forecast the future at 90+% accuracy. Conversely, however, there is no one that can predict the future at 90%+ accuracy even so called traders that read candle sticks or market fundamentals base their analysis on mere technical analysis, history, experience and luck.
The conundrum, however, is: do we know the right time to buy our top cryptocurrency? Are we sure that after buying it that there won’t be a sell off (red) leading to some loss? Here are some few points:

Pic Source

Technical Analysts: according to CNBC news

The Bitcoin Misery Index says now is the time to buy :
Now is the time to buy bitcoin, according to a new "misery index" for the cryptocurrency created by a Wall Street strategist.
"When the bitcoin misery index is at 'misery' (below 27), bitcoin sees the best 12-month performance," Fundstrat Global Advisors co-founder Thomas Lee said in a Friday report. "A signal is generated about every year."
The bitcoin misery index is at 18.8, its lowest since Sept. 6, 2011, the report said. Read full details here

Do you agree with the above analysis? Are you sure that bitcoin or steem prices will not fall more and thus provide a better opportunity to entering the market? My simple strategy is to:

Buy Low and Hold(HODL): If you follow the strategy of buying low and holding in the long run (take some profits for diversification) then you will always be on the winning side. According to Warren Buffett , as an investors be fearful when others are greedy and greedy when others are fearful . Therefore this strategy will always help you to buy low ie when markets are down and sell when people are in FOMO mode . The great thing with steem, is that: it is still very undervalued so buying steem and powering up is a great investment for the future and you will end up making daily profits through curation, post rewards, delegation, interests and respect/ power in the future of social media.

Diversification: I will remiss if I do not indicate that diversification is the key: never lay all your eggs in one basket because doing so might lead to failure- especially during financial distress.
Therefore use opportunity when people are panic selling to pick some underlying beauties (undervalued coins/tokens) , invest the money you can afford to lose, remove greed / emotions and hold (HODL).

I wish you all success and a blessed weekend.

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most people can't stomach the volatility of a market, that's why they sell, volatility is nothing for me since cryptocurrency is quite young and need some room of improvements.

that is true

  ·  7 years ago (edited)

Ability to control your emotions, patience and due dilligence are principles that can help...success to you

I agree you need a zen approach whether it is down or up
downgeaph1.jpgupgirl.jpg

thanks @charles1!

timecon.png

Patience is everything... buy the red numbers and your profits are coming...

Your absolutely right on this, but its just not that, most people do not have time to be day traders...
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I've written an article on the upcoming volatility over the next few years in cryptocurrency and why it will happen,
stockmarketfloor.jpg
please check it out:
https://steemit.com/bitcoin/@richatvns/reality-for-cryptocurrency-market-volatility-why-it-will-continue-this-year-simple-and-clear-reasons
followmesteampower.jpg

I think you are right. I think this new arena of cryptos takes a lot of patience....and forward thinking.

Steem is worth investing for sure, but I am not sure about SBD. Anyway, SBD was designed to be equal to 1 US dollar.

i agree it's the best time in invest in ourselves, Steem will rise very soon.

Point

We must used to the roller coaster ride of cryptocurrency. Its fun yet so risky but if we hit the right mark then a huge payday awaits us!

Every dip means its time to invest and when it rises its time to sell.

Enjoy the ride 👍

Good point, thanks for your comment

Definitely a great strategy! Imho, anything under $5 for Steem is a BLOWOUT sale. With SMTs on their way, with the growing number of DApps built on the Steem Blockchain, and all of the improvements that the dev teams surrounding the blockchain are making, this should be a top-10 coin. It will be and I don't think it will take any longer than December of this year, so you should load up while you can! I used to be arrogant, trying to day trade, but most really don't understand just how much luck is involved a lot of the time. Buy and hold is a great strategy and an even better one with Steem Power, since you're incentivized to convert and vest your Steem, because you get a stronger vote, you're safer from hackers (because of the incremental release of funds), and you're making the community stronger by having steem power, thus making the price have greater potential. steem on everyone! If you can have 10,000 Steem, I'm confident you'll be a millionaire one day, so aim for that number! :)

You are absolutely correct, thanks for your comment and more success.

I think it's bitcoins turn to rise, Alts will have to sit and wait for bitcoin to rise and level off before the next alt boom. Months

  ·  7 years ago (edited)

Why? altcoins might rise even faster than bitcoin

Why do you think so?

Hodl is the only strategy which works for me. I am terrible at trading the ratios. Diversification doesn't work in the traditional sense but in crypto case you protect you self from platform failure.

Good point...however diversification and hodl is key ...because if you hodl only bitconnect or other shit coins then you are in trouble hahaha

Yeah but some things are obvious scams. Guaranteed returns are a big hint. Also MLM style rarely works for the late comers.

HODL is a perfect strategy that has always worked if patience is added. therea definitely an element of luck in forecasting but i want to agree with this predictions...happy weekend

Good point, thanks for your comment. Happy weekend too

only reason steem has been falling so much is poloniex, they are in freefall and other exchanges are following their price

You got a 12.27% upvote from @postpromoter courtesy of @charles1!

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There were no fundamental reasons for this recent 50% drop... aside from a constant stream of forced "bad" news... nothing fundamental to the tech. Just a correction from a parabolic rise.

Agreed -- time to buy.

Good point indeed, a lot of haters and fuders including opportunist traders spreading fake news...It will not work because we will hold in the long run..Hodl!!!

The BMI can talk what they want... according to your analysis, markets can crash anytime hence good strategy is buy low and hold...take profits and diversify...thanks for this good post

Diversification is important. But it should go beyond just different cryptos. There are many asset classes out there and one should consider holding non-correlated resources. Cryptos are great in a portfolio when combined with some more traditional holdings such as real estate, precious metals, etc.

Thanks for your comment and happy weekend.

People are just scared now with regulation coming into play but that will take us to the next level

I agree...some stability is needed tho

Hold Steem for long term!

Point

And is he going to rise exactly? Because there are doubts, do they always have?

What happend with Bitcoin in december isn´t explainable with technical analysis. It crossed all borders.

Thanks for the comment!

lovely information

great post charles

What is good about the post?

Thanks for this good post

Great post as always. Thanks for this really smart approach to taking advantage of what is going on right now. The key is that it will change for the better and all indications is that things will go up way over where we are today. With this being the case, it is a good time now to invest and even if the market goes a little lower, time will make everything great. So get in while you can!

thaicryptokitty (47) good work

Good point, you are indeed a smart lady...happy weekend

Good one. The strategy for me is to always look out for New comers with potentials like elyte.io and also keep buying steem little by little and power up. Tks for the info

Interesting that the BMI is higher now when Bitcoin is at over 9k than it was when it was at 6k.

Maybe people are just so mentally drained by the constant sideways trading by now?

Very good point, thanks...However are they correct in their predictions?

Loved your post @charles1 ! Always great advice , Buy low and HODL ! Thanks for sharing , I totally agree my friend upped and resteemed! 😀👍👍👍💕

Welcome my dear one ..aka Dmania queen!! keep steeming to more success and thanks for all your support

Your simple strategy mr @charles1 became my motivation and made it all. Being rich in the world of bian main purpose here but what's wrong if we all can quickly develop by knowing what will happen for tomorrow day. Here we do not need paranornal powers that have the power to predict or predict the future with 90% or more accuracy. Here we only need analysis on technical analysis, history, experience and luck. And I totally agree with the above analysis of mr @charles1 ?, and I also believe that the price of bitcoin or steem will not go down more and thus will give a better chance to enter it. we just have to know the right time to buy our top crypourrency and I believe that after buying it there will be no sale (red) that causes some losses. Even if there is a loss it is a rare thing and it is a risk that we must face. So this is the responsibility of ourselves to be more intelligent and wise in analyzing and predict when we buy it so that it can profit.

Good analysis, I wish you success

thanks mr @ charles1, hope you are getting more successful !!!

Welcome, same here

yes

Thanks for the great post and for the great encouragement. I have money in coinbase and after reading this I am going to be buying steem today. Most of us don't get plugged into the crypo news so when people like you write it gives us valuable information that we can use to profit from. Again thank you, your info just increase my portfolio because I will take action.

You are welcome and I wish you more success

I agree totally with you.In todays market if you dont risk it,you wont get the rewards but ofcourse not with uneducated moves.

Welcome and more success to you

With the latest double top pattern seen in weekly chart, BTC should hit 7200$

So don't rush in to a trade 😉

I am going to go with the Complex Inverted Head and Shoulders Bottom to beat out the Double Top and here's why. (of course, I could be wrong)

https://steemit.com/bitcoin/@biggranpa/bitcoin-btc-inverted-complex-head-and-shoulders-study

complexIHSB.jpg

Watched the daily and 5h charts and agreed with you 👏👏👏

Will steem go up to $20usd by years end ❓

WILL STEEM GO UP TO $100 USD BY YEARS END 🤔🤔

At there any concrete predictions as to where it shall go ❓

No one can predict the future as indicated in my post however steem´s fundamentals are strong...a good investment indeed

very very informative... many people don't know the right time to Buy Steem and Bitcoin. this will help many people.

Welcome, success to you

Thank you.

I believe the "buy and hold" strategy is not really applicable to the crypto currency world at this time because it changes too rapidly. The swings are too wild. My thought is for crypto currency, a better strategy would be "buy and sell" or "mine and trade". Buy low and sell a bit higher to make a profit. Don't be greedy, some gain is better than no gain or a loss. The end result is really trying to make some gain for each transaction.

The other strategy is to "mine and trade" - mine a crypto that has a relatively high value and low difficulty and trade it for another crypto with higher potential, and yet more difficult to mine or cannot be mined. Even though the coin you are trading for may have a lower value now, it doesn't mean it's not better. Always evaluate a crypto based on it's primary function and the team and projects behind the coin. Another food for thought is trade your mined crypto for some stakeable coins, so you are building up your assets base over a longer period of time and hopefully one day, you can be a masternode. At that time, you are in a position to reap dividend and just let the money works for you and not you working for the money.

Cheers!

Very good point which relates to hodl and diversification...I wish you success

I believe the crypto market is here to stay. So no need to worry about the value of carefully selected tokens vaporising completely. Set aside an investment fund - whatever you have saved - that you do not need to have access to for the next 12 months. Do NOT borrow fiat to invest in crypto - the market is too volatile. As you have suggested build a diversified portfolio & HODL. You should be able to sleep well & probably experience outsized investment returns in the future. Do not let greed drive your investment decisions.

Very good strategy indeed...am sure that you will be a big success in the crypto space...I wish you success buddy. Happy weekend.

I think it's time to let everything go its way. If something has taught us the market is that it has its ups and downs, and although some say it is a bad time to invest, many are adding to your account waiting for that rise in prices that could double or triple your profit.
Greetings from Venezuela

Welcome and more success to you.

  ·  7 years ago (edited)

Buy low and hold

I support the same strategy but fallen down price of sbd frustrate me most of the time 😞

Thanks for that information friend, I am new and your post helps me a lot, I follow you, I vote and I read to you. Greetings, hugs and kisses.

Welcome and read my older posts for more tips...success

Perfect friend. thank you very much, I hope to have your support, greetings.

Welcome...sure. I wish you success

The way I see it, crypto is just like the regular stock market - as you said above - buy low, sell high. Buy and hold. Crypto is still new and no one knows what will be, but if it survives and personally I think it will, then whoever manages to follow your theory and that of Warren Buffet will most surely profit.

Good point...that is the rich man´s strategy in the market world. I wish you success and keep up the great smile.

Good advice but it's not easy to pick a bottom in any market. Nobody truly knows which way we are headed.

Good point indeed

Always always the way to go. Buy low and hodl. When the coin goes up you may need to sell a few, for profit and diversification. But then you want to hodl long term. I couldn't have said it better. never put all your eggs in one basket. Remain profitable is key

Good point Crypto professor ...more success to you

I think that cryto as steem, ripple are the ones that have more opportunities in the future of the cryptomonedas, ripple for being able to be regulated, and steem is a work of art the blockchain and clean. where it can be used in a legal way, nothing of bad uses on the part of criminals

Good point however many crypto lovers dislike ripple because they claim that it is centralised

I don't quite get your addition of Steem into the BMI. Bitcoin has been around for almost a decade and Steemit has been around for not nearly that long. Steemit also has many problems, competitors and future competitors to work through at this very early stage. Bitcoin is the Mac Daddy of crypto, Steem is not the Mac Daddy of anything yet. I don't believe the two can be lumped together so easily.

Lol, it depends on your personal interest...I added steem on the topic because I am bullish on steem and thus discussed about it. Bitcoin is the father of them all tho.

Great idea, I may FOMO into steam. Who's going to the moon, who is with me? This cat has big dreams 😻 now is certainly a better time to buy than last week or two months ago.

Good point indeed, I wish you success

Very useful post thanks a lot!!! i´ve usually do the scalping thing, but i think you´re right about holding. I´ll try that.

I wish you success

I played the game Cashflow 101 by Robert Kiyosaki and I can attest to what you're saying here @charles1. When the stocks would crash I would buy and when things were great I would sell. In a short space of time I would turn out richer than I hoped. At least rich in terms of having large capital, but it's only when I accumulated passive income did I truly become rich, because passive income freed me from the rat race..

Good point indeed, that is the rich man´s strategy...

Absolutely..

" According to Warren Buffett , as an investors be fearful when others are greedy and greedy when others are fearful ."
It is absolutely right i am also an investor and i always work with some planing and strictly sight on market ups and downs.
nice post helpful for me i must follow all things. Thank you

Welcome and I wish you success

thanks for attention sir please support me as your junior i follow you for friendship.

Crypto Investments are subjected to market risks
Please check the market before investing

Good point, I agree.

Trading Forex was nightmare, But now Holding Crypto giving me back my hope that one day i am gonna travel to meet you

Amen to that...keep steeming to more success.

I fully agree with yr views as well as opinion to diversify

Welcome and success to you

Charles, I'm seriously thinking of buying some Steem because as a new blogger on here I feel like I'm not giving anything back in the form of rewards to other's work.

Am I right in stating that buying some SteemPower will give me some clout and reward others for good content like they have rewarded me so far?

Also does this SteemPower 'use up' when used. I have been looking for the answer to this question but haven't found a good explanation yet.

  ·  7 years ago (edited)

I will advise you to take out time and read my older posts ( few months old ) about steem and steem power.... Steem power will change the playing field for you here ..a win win strategy. Dont forget to keep me in the loop. Following in order to stay in touch. I wish you success and happy weekend.

I found some of your old articles and on that strength moved 0.3ETH to Steem. SteemPower is the key to this I can see, a small interest rate but greater voting power and curation and 'mining' yields. I'm a fan.

Good stuff..Resteemed and following

Thanks

Nice find. I wonder how they calculate the misery index: reading the article, I got the impression that they're using a mechanical trading system and seeing how it does (using a fantasy account.) When it loses its touch, the misery index drops and vice versa.

Anyhoo, we all need encouragement to HODL when the market's bad. Thanks for providing some.

You are welcome and keet steeming to more success buddy. Happy weekend.

@charles1 you have summed up the 2 mantra of investment market. And these arevquite true buy on low and keep for long.....👍

Welcome and more success to you

thanks....👍 success together👌 together we win

Have a set of coins you hold and never touch. Have a set that keeps you busy and you trade (buy low sell high) :) That will keep you busy. Never trade with your emotions. Don't ever fall for the fud or fomo.

Good analysis...success to you

You mentioned Warren Buffett, and separately, diversification. Here's what he said about diversification:

Diversification is protection against ignorance. It makes little sense if you know what you are doing.

Of course, there is only one Warren Buffett, so I also prefer to protect myself against ignorance. Hmm, that's probably because I don't know what I'm doing, according to Mr. Buffett.

Good point indeed, thanks a lot

Investing is when a professional does it; otherwise it is gambling.
Being a dentist or a baker demands studying, and experience.
How many of us act based on rumors or "news" or reports from "sources"?
The bitcoin misery index is at 18.8, so what? I'll ask those who bought at 26.9.
Thanks for your post.

You are welcome and I wish you more success

Thanks for such an excellent Post! grateful to the steemit community! I'm not yet the expert, I think it's time to buy and keep there waiting for the moment.

Diversification:
I will be remiss if I do not indicate that diversification is the key: never put all your eggs in one basket because doing so could lead to failure, especially during financial problems.
So, take advantage of the opportunity when people feel panic about selling to choose some underlying beauties (undervalued coins / tokens), invest the money they can afford to lose and maintain. Thanks @porcharles1

Welcome... however, next time use quotation mark and cite if you copy and paste someones comment to avoid being flagged.

Thank you very kind for the indication, I will take it into account, every day I learn a little more in steemit. @porcharles1

i dont think most of the Cryptos will reach the value they had in dec2017 again.....people have started losing interest again well most of people right now who are holding CryptoCurrencies right now are new people who have seen alot of growth in market and bought and after seeing whats happening right now this people are getting desperate for selling their Cryptos.

I really do not think the Crypto Market can be stable for at least next 4-5 months sad thing but i think thats exactly whats going to happen.

Good point hence why having a long term strategy is the key

Ye very tempting to sell other coins and move it all here...I don't understand why Steem is impacted heavily when Bitcoin goes down. Do we ever have an independent standing when it comes to price fluctuation. I hate the fact that we are impacted like all the other alt coins.

I agree with you...almost all top coins are impacted by bitcoin upds and downs...bad indeed

Crypto market is full of amateur speculators who want to get rich fast without any experience in FA/TA, so as a result the whole market is moved by emotions which are heavily connected to what color BTC chart is.

I'm totally agree with an importance of diversification and HODL over trading, but I would be very careful telling people to buy now, because:

  • we tested 6K only one time, which is not enough to be confident that we hit the bottom,
  • there was a storm of SEC subpoenas and the overall impact is still undervalued,
  • the situation with Tether is still very unclear and it can potentially crash the whole market at any given moment if Tether will be shut down.

Slowly increasing a crypto portfolio with DCA (Dollar-Cost Averaging) would be a much safer choice for most amateur investors.

Disclaimer: this is not a financial advice, do your own research.

Here is another point - those articles are posted for hamsters that are easily manipulated by news that create FOMO and FUD and if they invest right now, it is possible to take out more sellers and get the price even lower.

Sure, average Joe is always a source of liquidity for experienced whales on any market, this is why DCA + HODL is the safest approach for most crypto investors.

Buying the dip is very lucrative during a huge uptrend, but since we have a bear market, it might be also a good choice to wait for a solid consolidation.

Good view point indeed, thanks for your comment

I agree with buying in at lower prices.
But do you believe in Steem for the long term?

Immature whales are ruining this platform as i see it. A lot of flagging and most posts are probably worth zero value.

Steem is greater than steemit (read my post about the topic) so the issue lies only on the platform steemit and I am optimistic that it will be resolved in the near future

Yes, you are fully correct. The current price fall of cryptocurrencies including Bitcoin and Steem is temporary. Hopefully, it must bounce back strongly very soon. It is high time to buy Bitcoin and Steem for future profit.

Good point, thanks for your comment.

This is Correct, the best time to buy is the time where you have most fear. and selling is when you are most happy.

Yes when people are in FUd and sell when their is FOMO ...good luck

I agree with you 100% @charles1, buying steem now at low price and powering up is the best idea every steemian has to bear in mind. For we who are blogging on steemit, we are setting this for the future benefit. My rewards are still very low on posts i make, but i have to save as much as possible to buy some steem and power up. Thank you @charles1 for the insight.

Welcome and more success to you

I agree. The main reason I save discretionary money is to buy investments on sale. I buy dips in silver, ethereum, steem and stocks. Mind you, I always research the company behind the stock, economics behinds silver, and platform behind the crypto.

Good strategy indeed, more success to you

yes you said the point invest with the money you can afford if it yield that is a lucky if didn't it won't be too much painful

Good point, thanks

Thanks for sharing this article. You have really good work with positive approach to want give advantages to new comer. The key is that it will change for the better and all indications is that things will go up way over where we are today.
Request to all senior steemer fully support to newcomer with great experience and knowledge.

Welcome and more success

charles1 (66) thanks sir for reply

Thanks for posting this i find it helpful, as a new comer into the crypto currency world i find it very difficult to understand various of things but during the sudden crash of the bitcoin ( i dunno if you call it that) early this year alot of people that i know were crying about lost money and others pannicking and selling what they have left, well thanks to this post i now now what to do, well i think i know what to do.

Welcome and I wish you success

Buying low and holding is a winning strategy for sure! Sometimes taking a little profit and diversifying into something else helps as well. Good post, Charles.

Thanks a lot for your comment, I agree with you...More success

If you believe in Crypto and block-chain system, you will not have to look at the chart. - This is what my friend told me when I first invest in alts.
True. I have researched Crypto over years. And I feel pretty confident that crypto will be our next currency or even better. Buy now and HODL.

Very good comment, I agree.Thanks and more success to you.

Crypto has dropped a lot recently..... big correction taking place....who knows what prices will be in the future....

Good point

thanks, lots of uncertainty....

Omaa,, that jai ka peng keuh gam euh!!!!

What is good about the post? did you read it ...bot?

This post has received gratitude of 21.44% from @appreciator courtesy of @charles1!

Nice

What is good about the post? did you read it ...bot?

And is he going to upward push exactly? because there are doubts, do they continually have?

Good job

Congratulations @charles1, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Superuser account holder (accounts that hold between 1 and 10 Mega Vests). The total number of posts by Superuser account holders during this period was 1445 and the total pending payments to posts in this category was $8807.91. To see the full list of highest paid posts across all accounts categories, click here.

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a good post ,You only need a few hours to get it, It's different with me so it takes a very long time once a year to get it and even not necessarily I get.

What is good about the post?

we must be good at strategy with in order to gain profit.

Can you elaborate?

Hi @charles1 how are you? Really interesting crypto post, i love it ! I would like to connect with other cool and friendly steemians. I’m posting music tutorials and other things related to music (and bitcoins:p). I’m the founder of the free music school communicasound. I'm really pleased to meet you. So i give you my vote, follow you and i will be happy to read your next posts in the futur. If you want, you can do the same and follow me. It’s important to have a family in Steemit :) Greetings from Paris. Peace.

What is good about the post? did you read it ...bot?

What? No i'm not a bot sorry man. And i liked your article and the tips you gave about investing. Don't be paranoid :) I'm just french, so it can be difficult to explain in details what i like and dislike in english that's all mate. glad to connect and look forward to reading more of your posts. Peace. CS

Welcome, LOl, you commented like a bot hence why I thought that you are a bot.... Happy Sunday.

Just want you vote back! All of them not read your post.

Joining the bitcoin world is a wonderful opportunity for a better future. @charles1.

image

What is good about the post? did you read it ...

2018 might be Shining Star for Cryptos in Major ones

dlive-broadcast
your post all so good. i like it@charlesDQmYfKYGX2M8Qc8nNUi6TqUzHKoeLmafZ6PVBMjt7wjXe5R.gif

What is good about the post? did you read it ...bot?

Bagus sekali gambarnya

intresting

What is good about the post? did you read it ...bot?

yh, was wondering how and why these cryptocurrencies falling, and I'm just worried about the SBD since its new steemit users see thier SBDs as worthless. Just hoping it goes up it can help these users..

See my older post about sbd and plans to peg it to USD ...enjoy the high price now

Thanks, my friend, I learned a lot from you

What is good about the post?

Interesting writing, a motivation for my beginner, thank you for sharing @charles1

What is good about the post? did you read it ...bot?

Hi @charles1

Interesting read. Feel free to drop by @tom-zen for simple words, on what I find to be similar topics.

Thanks.

In - joy - your - day.

What is good about the post? did you read it ...bot?

Hi @Charles1

I am not a bot and yes, I did read it :)

I am not sure if agree with you though. Bitcoin and/or steemit can and/or will fall potentially as much as it is possible - because nothing is impossible. Especially when it comes to this market - which it has already proven to us several times - we can not make meassurements and use previous tools to analyze the market.

However, I do feel certain that we are on the right path, and that the options are available to make this a gigantic leap of faith safely to the other side.

Thank you for replying :)

In - joy - your - day.

Nice analisys, and i think you are right my bro..
Thanks for the information

What is good about the post? did you read it ...bot?

Very good post!
Let me follow you and resteem yours!

What is good about the post?

Your amazing post thanks you for sharing ..

What is good about the post? did you read it ...bot?

i agree with hodl but it cant go up for ever can it? and its a sea of red now just trying to correct

There is a limited supply, so yes, it can continue to go up forever, allowing of course for FUD, Greed, corrections, news, etc... IMO And of course it would need to clear the hurdle of mass adoption before it will even survive long term.

ye good points mate!

You can only know if it was a right time, not if it is a right time.
Thanks for your article.

Can you elaborat?

You don't know where it is going to stop, the right time can be measured after you buy or sell and according to what happens afterwords. You can assume or gamble, but as nobody is able to explain why it is high or low also predictions are not guarantees.
For example, what if a big media company decides to buy today Steem for one billion dollars, what will all clairvoyants say about graphs ? You won't know if they plan to buy more the day after, or not.

Good point...it is based on speculations and unknown....however some like the tops coins have good fundamentals...

"**** posting Anda sangat bagus, saya suka dan mengikuti Anda, saya harap Anda membantu memperbaiki reputasi saya, terima kasih.****
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What is good about the post? did you read it ...bot?

You have revealed the strategy. Now it doesn't work so far. Try to find a new one

Can you elaborat?

Okey
b39d001a-c524-4933-9202-36d5b1f7d358_169.jpg

Congratulations @charles1!
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Good reference and points!

What is good about the post? did you read it ...bot?

Very good topic friend greetings from venezuela I follow and vote

What is good about the post? did you read it ...bot?

Excellent post, thanks for sharing

What is good about the post? did you read it ...bot?

Thank u for the post @charles1 some interesting contents

What is good about the post? did you read it ...bot?

Well @charles1 the first thing was the first sentence is about knowing tomorrow and to be accurate in your prediction even if u said it’s hard to do (i totally agree) now about the points u shared and ur questions i read them but i skipped answering since til now i am not that into the crypto so my answer would be i don’t know but i liked the HODL since my strategy now is powering up.
And of course i am with the saying that do not lay all ur eggs in one basket and to diversify. After all for me it was good contents but i saw its fair enough to express my pleasure in ur post anyway it’s ur post and the most important is for u fell comfortable posting it.
I am sorry for interfering with my comment and hope a nice weekend to u too my friend

Good comment indeed, I wish you success.

Thank u wish all the best

You got an upvote courtesy @bestboom

Thanks