Who has made money in this "sideways market" this month??? ๐ค THIS GUY!!! ๐๐๐ค๐ฐ๐น๐ฒ๐ฅ
4.351% since July 2, 2019
How did you do this, Undy? (one might ask) Pretty simple, actually. I have had coinbase on auto-buy as much as possible, and I have been buying steadily. I have also been trading for ETH (mostly buying BTC) but trading when the "spread" on ETH is very high in favor of BTC. Ethereum is showing some signs of life compared to BTC, FINALLY. ETH had an "ATH" or All Time High of 15 ETH to 1 BTC. ATH to ATH at least... but here's my rationale, ETH is trading around 50 to 1 so it's a great deal right now! But I am keeping a good amount of BTC as well, it should really perform well for 2 reasons over the next 12 months or so.
#1: Japan Olympics
The Japan Olympics in 2020 has the Japanese .GOV decreeing that all retailers Shall Accept BITCOIN, and in time for the 2020 Olympics. This will surely increase exposure AND Buying of BTC, and this coincides with another big factor...
#2: The Halving
The next BTC Halving is due in 2020 and the usual price actions are expected, which means GAINS. At least before the halving. So I am positioning myself for both of these. I'll be in very deep, I'm not betting the farm but I am going DEEEP!
Finishing up, here's some great advice from Han Solo, now that I have tasted some early success...
WOW... awesome job, @underground!!! Keep doing it!
TYVM!
I hope to continue the string, although there will be down days/weeks/months maybe. HODL for around a year at least. You know where I was when I sent you that screen shot, I am more than double than that now Sadie ๐
Alpaca-Prepper
๐ฆ AXEY!
You're reasons are quite sound as BTC supply becomes harder to mine with usage and demand increases.
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This is likely the best scenario I have seen since I have been into crypto, all my experiences with (pardon my French) Sh*tcoins have been fruitless over the long term, including Steem. Had I stayed in BTC as opposed to Steem, I'd have more fiat equivalent. Coulda/woulda/shoulda LOL
I spent most of my free BTC on silver bullion. ๐
Posted using Partiko Android
Some big events in there lets see what's they will bring for bitcoin
Yes Indeed, and this recent up-turn was just what the crypto markets needed to lay the groundwork for these upcoming events. Maybe John McAfee won't have to "eat his own d***" on national TV after all?
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