To buy or not to buy? Crypto on my mind!
Just remembering the song with lyrics “money on my mind... money on my mind...”
Well in this case it is “crypto on my mind” :))
Being in two minds about buying crypto or not. And if I do, buy steem or btc...
It feels like btc is preping for big movements. Whether it’s up or down, most of the time any movement of btc has negative impact on alts. Especially to ALT/STEEM pairs.
On the other hand, STEEM has strong movements too. Still, I think the BTC wave can have a negative impact on the rise of steem. Hope BTC stabilizes a bit so that alts can continue their increase.
I’ll wait and watch a bit more before deciding whether or not to buy more...
Good luck to you all!
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Steem can give you more profits in short term if you only one to trade it. Remember what happened yesterday :-)
Yeah but btc movements worries me. Just when you think you found some kind of a pattern or a good opportunity, btc goes up or down all of a sudden ruining all your strategies :)
That's why I only "play" with BTC nowadays
Are you trading between BTC and USDT? Or another pair?
BTC/USDT , unfortunately... I don't like TETHER so much
At least more stable than BTC/STEEM 🤣
buy big at 0.0001675, set sell 1/2 at 0.000038, let the rest run
I had set a buy order at 1650, but removed because btc got above 9k. If btc shoots up, tge pair steem/btc is going to be under pressure. Do you expect steem to hit 3800 soon?
I was selling Steem at 2600-3000+ Sats, and buying under 1700 Sats.
Probably better to just sell your Steem for BTC, 20 Top Witness all owned by Tron Foundation meaning this is no longer a decentralize DPOS, also Top 3 Steem Dev and Leaders are quitting means alot of good witnesses will soon just quit as well, whales and other account holders will sell off, a fork is likely to come or worst demand just dies off, either way, we're more likely to see 1000 Sats or lower Steem than even back to $1+ steem.
Besides if BTC does go 250K like Tim Draper says in late 2022 or by 2023. Then all your Steem now will be worth much more when BTC going from 8K to 250K.
I feel like BTC under $10,000 is a good buy regardless but I do think it will go lower in the short term. Always a tough bet to wait for the bottom.
Yep, it is tough indeed.
Btc under 10k is a good buy if you stay at btc. But if you buy any other alt with that, it is very dependent on the btc behavior still unfortunately.
That's the key @lion200, resisting the urge to buy alts with that BTC. :/