Bull Or Bear on Bitcoin?
Observation
From the look of it, it seems that Bitcoin and Alt-Coins are playing the pattern. King Bitcoin makes his move, positioning itself for going on a tear to the upside and alt-coins slowly going down as we all wait in anticipation for a bull run. Then of course, the alt-season kicks in or a massive crash follows.
Will history repeat?
Will it do like 2017? Will Bitcoin go on an epic 3000% move to the upside like it did, only to crash with the same violence? If so, do you have an exit plan? Are you going to HODL through it all or sell, pay the taxman and wait for the crash to come to an end?
What's your exit strategy?
My time horizon with my stash of coins is 10 to 15 years. Everything in the meanwhile is noise. I have been so terrible at trading and timing that I fear to let go of my hard earned coins at the wrong moment. What if we go on a super cycle and go up for years?
Not to be greedy about the potential gain here but it's really hard to have an exit plan for me. What about you?
Leave Bull Or Bear on Bitcoin? to:
Best Posts From cryptoctopus
We have not curated any of cryptoctopus's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From cryptoctopus
- The Fall of Celsius Network: A Cautionary Tale in the Crypto World
- Hey Everyone, just checking in
- 👀 Probably the most important article about bitcoin you can read to understand what's really happening right now. 👀
- The CDPQ announcement is a big deal for crypto
- The True Meaning Of Halloween
- Yield has been my best pitch for crypto
- Michael Saylor's Strategy to Retire Off of Bitcoin | Tax-Free Wealth
- Bull Or Bear on Bitcoin?
- Lesson Learned: Don't Improvise Yourself As A Trader
- What keeps me from reinvesting back into HIVE or LEO