To buy or not to buy? Crypto on my mind!

in steemleo •  last month 

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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...

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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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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 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.


Posted via Steemleo | A Decentralized Community for Investors

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. :/


Posted via Steemleo | A Decentralized Community for Investors

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 🤣