The stock market is crashing again and bitcoin is not responding. I should have put my money into bitcoin not amazon shares. I was wrong.
Enjoy the stability, looks like the price might even go up.
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How come BTC didn't move a bit after tons of great and positive news the last days and the current situation of stocks, 5 months back BTC would be sitting with -20% of its value. The market has matured, just think about it. Bullish. If we end this day without a major dip, this will prove that BTC isn't tied to the price of stocks, which would be a HUGE thing that attracts new investor. Everyone is preparing for something big... hopefully for a hunt... of bears.
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I put 1/3 into ENG because it appears to be forming a bull flag on the hourly and it's so far down.
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I feel like this stability is needed to remove fears of the market not having bottomed out, and also to get more "institutional investors" in. Also gives some time for some interesting plays on alts.
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If bitcoin price stays in current range, 1st of November will be first time in current bear market, where bitcoin price is negative year over year basis.
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GVT - the platform launch is a week away, easy gains this week. If you like what you read about the platform in the meantime, let the tokens ride. Or sell the launch, its up to you.
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##PROOF OF AUTHENTICATION## Bitcointalk Username: BountyGo Telegram Username : @jmadtea Campaign : Twitter, Telegram Spreadsheet # : 705, 706 Ethereum Wallet Address : 0x7b11897546936824Ce912Cc6002129c8137f1B43
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I bought more XLM and NANO last night and am considering switching even more BTC into alts. It’s riskier, though I think the returns could be larger if we ever get another bull season.
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BNB could stay here for a while and eventually go up - and it could go up in USD value while losing BTC value once the bull market returns. It's still 100x in USD value from last August though, which is a lot more than many other coins can say. It has proven itself a good long term hold and hedge against bear markets, but as for buying right now to flip for a quick profit...not so sure. It's a good sign that it has stabilized though, because it may mean we really are at market bottom.
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REQ is still my moonshot.
But I treat it as just that. A moonshot, worth of about 8% of my stack. I still think it has potential, but it is the lowest amount in hold in any coin (except I suppose the XRP left over which is stuck in my wallet after selling the rest in Jan).
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ENG is great project about to issue master nodes soon, mainnet and steadily clawing it's way back up. It is a very solid buy at these prices.
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Stellar XLM has been steady this whole dip. When we do get out I think it’s going to be a big winner.
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I smell a bull market soon. Why would Coinbase add ZRX now if they weren’t sure of market conditions. This combined with the Fidelity news yesterday and the upcoming Bakkt launch next month. Stay tuned!
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My studies on sell strategies have said something like this:
Wait for it to drop 15% off ATH and sell 15% of your portfolio. If it continues to drop 10% sell another 15% and then if it continues to drop sell more accordingly.
If at any point it rebounds then re invest at the low point and sell that portion out when it drops 15% from ATH.
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