How low will they go?

in steemit •  7 years ago 

Hey Steemios!

Looking at coinmarketcap you have to scroll all the way down to 47th (not including Tether) to find a currency in the green and this points to an interesting fact:

If Bitcoin goes down, usually everything else follows to a bigger degree.

I have been buying small positions at current prices in Ethereum, Steem and AntShares but am holding back funds for much bigger moves if necessary.

With the up-coming Bitcoin debacle there could be a long way to go. If it's cheaper than it was a week ago this doesn't necessarily represent a good buy. Use patience, enter lightly and stay safe!

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Probs go to 2k then all the way up to 5k

My sentiment exactly :)

I foresee bitcoin testing $1500, solely my opinion. Then it'll soar to $5k+ :)

Could do, if we do see this other coins will go down far more making current prices exorbitant!

Same.