Preparing for August 1st - Nervous times!
Hey Steemers!
I'm sure everyone has their own plans moving closer to August and the big news coming out and I thought I would share my plans!
For a start my main Bitcoin holdings are already backed and I'm ready to accept the coins on whichever direction is chosen. I am mainly interested in preparing my trading holdings as I do not wish to withdraw.
My intention is to move out of Bitcoin and into a pool of other currencies no later than July 27th as insurance against a drastic event, I benefits of this outweigh the negatives. A disaster could see Bitcoin crash more than positive news could see Bitcoin rally.
I would say that again:
"A DISASTER COULD SEE BITCOIN CRASH MORE THAN POSITIVE NEWS COULD SEE BITCOIN RALLY'.
I will be strategically moving into different currencies at suitable price points, I'm interested in and % allocated to specific currency:
Ethereum (25%)
AntShares (25%)
Litecoin (25%)
Ethereum Classic (10%)
Cloak Coin (8%)
Dash (5%)
Steem (2%)
Again this is just for my holdings in exchanges that I don't want to withdraw.
Safe trading!
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