Get Ready for a Bumpy Ride.
The next few weeks or months are going to be quite exciting for all of us crypto fans. This slow down in Bitcoin has made all of us who hold shitcoins much wealthier over the last week. Just remember that the pendulum always swings back the other way.
How to Play the Bitcoin Volatility.
1. You can just Hodl Bitcoin.- You will receive all of the hardfork coins that are coming.
2. Hodl Alternative Coins and Tokens.- Much more speculative, but the possibility of huge gains can't be understated.
3. Trade Bitcoin with Leverage.- You can do very well but it is the most dangerous way to trade.
4. Trade Alternative Coins.- If you have the patience to read charts, follow the news and social media you have the opportunity to hit home runs regularly.
5. Buy into High Quality ICO's and Tokensales.- This is highly speculative but the returns can be huge if you do your research.
What I am Doing with My Crypto.
I am now only doing 1,2,5. My days of trading with leverage are over. Our business has grown so much that I no longer have the time or patience to trade full time. I love buying into ICO's. The difficult part is finding the high quality ICO's. Thank goodness my team helps me figure that out.
Hodling is something I am not used to doing but it sure feels good. The change of heart happened while I was at Steemfest in Lisbon. @LukeStokes and @TobyDaniel2 the guys convinced me that being a Hodler can really pay off. I have literally not traded with leverage since I returned from Europe. I do trade alternative coins based on news still but that type of trading does not take over my life.
Thank you Guys!
Everything has a down point the the real point is to hODL which I know leads to a better future . Everything going on with bitcoins fall is temporary
When it comes to Bitcoin, the sky is the limit.
The fall is just temporary.
The price will Rocket up again
Hold you Bitcoin guys.
HODL it Tight
We are here:
https://blockchain.info/unconfirmed-transactions
Bitcoin forked into #WAITCOIN
https://steemit.com/bitcoin/@rockwellontherun/from-the-makers-of-bitcoin-waitcoin
I like the first point.. Holding BTC and accumulating all hardfork coins.
I agree with you, I think it will go up. Bitcoin is the mother of cryptocarency.
thanks for sharing future information @hilarski
I like to earn 2 or 5% per day doing trading now we can see a healthy market where you can find some coins that can give us 5x 20x etc.. :) what a wonderful world hilarski hehehe and yes hold hold hold. I bought 500 Civics when you recommended it, and now i can see a 2x just holding. Regards
Thank you for your post! I just want to ask you where do you hold your btc? So that I will receive all of the hardfork coins? Today was a nice surprise when I received free bitcoin cash in coinbase.. currently my btc are in bittrex and I am not sure if it's the right place to hold ! appreciate any reply XXX
I'll take the option number 1
wait good hardfork
the bch, btx and btg have left good profits
Yes, I agree with you, he is going down to the stage of ascension
Good and logical analysis
Thank you for motivating us to invest in currency
And not leaving it yes it is the strongest currency at all
thanks @hilarski
Good advise, it is really wise to grow with the flow.
Since coinbase adds BCH, we will see the progress of both coins in the market, but I know BTC market is huge compare to BCH.
Keep on steemit
Am I correct that all those ATMs around the world and systems can only run BTC and not BCH ?
You are correct. https://tigoctm.com aslo offer Dash. I saw a company in Japan offering ADS (Cardano) at their machines as well.
yes friend i agree bitcoin go up n we have to take patent n hold coin n also thanks for great information love your blog.
That is a fine strategy @hilarski :-)
I am basically doing 1,2 and 6. Six? 6 being trading BTC to fiat gateways and back without leverage.
Number 5 is too tricky for me, but that is just personal preference. We're in the post-ICO hype phase and although there are quality ICO's still starting, profit are now mostly made during the pre-sales and pre-ico's. Next to that, I don't like to lock up my investments for 3-6 months in this crazy crypto world ;-)
Anyways, good luck with the hodling!
You are right it is a long time to wait. I like how I get to set it and forget it.
That can indeed be an advantage too :-)
Hodling (and in some cases, just forgetting about) the tokens is paying off very well for me. I am also keeping BTC and BCH on a token for token basis. Right now, the new counterbalance to BTC is not ETH, its BCH.
Buy Dash
Excellent strategy, my friend, your methods that you use are very correctly involved, especially with such a Bitcoin volotility! Thank you @hilarski for your opinion!
On the news it is difficult to trade. Sometimes it seems that the coin has to take off, and she takes and falls, despite the good news: (
I'm still learning about crypto, but hoping for bitcoin to rise
Excellent post about bitcoin trading market, steem and Cryptocurrency. Follow and upvoted. Thanks for sharing such a good post.
wonderful post.resteemed this post
Thanks for the shoutout, Randy.
One thing I've really been enjoying lately is being a long-time BitShares and STEEM holder. I think some people are finally starting to realize the value and utility of these platforms. The increase in value of my BTS has allowed me to branch out and invest in other projects I find interesting. I'm a little hesitant about ICOs though. I need to get my confidence back up there, I think. The "NO US citizens" stuff frustrates me and though I've had some great wins, I've also had some duds where I wish I just held instead of speculating on an ICO.
I love posts like this where you share your story and what you're learning.
I am so thrilled that your BTS finally took off. I sold mine due to impatience.
What do you think about the wave of unconfirmed transaction, Hilarski?
Awesome picture with btc :D
Congrats on your success in business. Bitcoin is king. Hold your bitcoin and buy on the dips. That is what I am doing.
You know the point. You have experience.
Hi Randy Greetings from Guatemala, Ill be buying some crypto next month. When the value will start going down a bit, take care.
@hilarski,
Yeah dude, I do like this bear :D HODL is the only option! Great advice and BTC uptrend will happen soon!
Cheers~
hahaha,....... i hope,bitcoin hurry up grow in $50000..thanks for sharing. The chart is looking like the consolidation is coming to an end. Could be a good time to pick some up. Good luck! upvoted and resteem
in next few weeks what will happen again. very informative post @hilarski
@resteemia
Hello @hilarski,
ICO you told us before is extraordinary good & you are an extraordinary good financial advisor too.
~@mywhale
@hilarski - Sir, 'How to Play the Bitcoin Volatility.' it's ver valuable content for me. I do have few BitCoins & if 1% up it means hundreds or thousands $$$ Sir... Nice you decide to share this info Sir...
+W+ [UpVoted & ReSteemed]
A lot of money is being reshuffled now. Me too, I see BTC keep going up north but maybe a little slower than most people recently expected.
Some smaller coins might be a nice alternative for a while before switching back to the coins which will finally survive
Hard to argue with your logic. You've been pretty in tune with the crypto market overall, at least from my vantage point. I would not have thought of intentionally holding BTC for the fork coins, so that is very good advice.
You don't know that! How could you know that? Do you really know that?
Even a growth to 50k does not mean that much at this rate. It's a growth of 2.5x while we have seen a growth of 20x :)
Congratulations @
It'll not take long to be there. Exceptional article with full of useful information...!!!
50% Upvoted by @MinnowsPower
REM comes to mind... Matt the hoople and the game of life... We need to believe...
Got what you said HODL BTC, it will gives you free coins & free earning with highest ROI ratio. Nice post
~Followed & Upvoted
I'd like to believe that your prediction will come true :) Although in any case, I follow points 1, 2 and sometimes 4 :)
Plenty great advice given here Randy, hold and grow. Love going through all the comments below, everyone involved enjoys sharing experiences with a variety of crypto's.
Much like you I have never held forked coins, sold after a few months.
I feel like Bitcoin will grow but at a slower pace at this point. There is no rush to get into the market now with Futures available.
Amazing.. Bitcoin is going to rock..
YEAH.. HODL HODL HODL AND HOLD..
CHEERS 🍻
I agree. A roller coaster up and down to $50,000 and beyond.
Yeah it will spike up again...
just hold your bitcoin and be a one of them gainer crypto.
i feel like everyone will continue to hold every Crypto they have and one day system will break and vanish. skepticism remains
And here I find myself trying to act like I understand all of thisthis....lol. I bought into Bitcoin for the first time last night. Please tell me I will understand all of this better at some point? Lol. #fake-it-till-i-make-it🙌😊
I think I'll HOLD too, both BTC and BCH. They'll go higher next year!
thanks for sharing good information. very useful
100% like and resteem
One of the most importent point.Holding BTC and accumulating all hardfork coins.thanks.
Thanks for the information.I agree with you.
Thanks @hilarski
Have a nice day
Nice post @hilarski
Great analysis. Very good job
Thanks for sharing
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