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How low will they go?

retailtrader

Published: 11 Jul 2017 › Updated: 11 Jul 2017How low will they go?

How low will they go?

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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