Is Cryptocurrency About To Enter A Downtrend? (Bitcoin Hard Fork August 1st? Be Prepared)steemCreated with Sketch.

in #cryptocurrency7 years ago

Be Prepared!

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@cryptonick thanks for sharing with us. Now I'm going to checkout this one.

Thanks for sharing. Good work.

I think bitcoin will go down.

of course it will. It is too high in value vs the USD. The question: Why is Ethereum following Btc downwards? Eth is suppose to a hedge against btc....guess not.

LOL. I think we all just need to relax. Also doing some research on these altcoins that really aren't about the currency aspect would be a good ideal.

Thanks for your opinion @cryptonick we appreciate you being on Steemit and contributing to the community!

Great advice @cryptonick! :)
The idea of transferring the bitcoin to an offline wallet is great, so that if the coin split happens one can have access to both coins is probably my favourite.
Although I would probably not foresee a split as the most probable trend now...
As you said, the most important thing is to be prepared! ;)

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OP, what's your asset allocation for crypto now in %?

A bit of a crypto blood bath right now, hope the recovery will be good to a point were we will all be happy. There is some much of uncertainty at this point but I guess I will just buy some cheap altcoins, steem and ride out the storm..

Learning from your videos. Getting more disciplined and learning a lot about trading in this market. I have been moving my Bitcoin to LiteWallet. :(
https://steemit.com/bitcoin/@realestatecoach/litecoin-or-litewallet