Saturday, February 17, 2018 3:21:26 PM
I am simply pointing out that there is a great gulf between now and ten years from now. For the moment, I predicted that we hit 500 billion market cap in the crypto space then we revisit the 300 billion range as a "double bottom" before we go up in earnest. Well we are at 500 billion. I hope I am wrong but I have sold all cryptos and went to cash. I will take the risk of buying back in a little higher once we break some serious resistance on BTC around 12,300.
Again, to be clear, the stock market is not the crypto market. If an investor is not worried about the day to day minutia in the crypto world then so be it. I would be buying the stocks like RMRK, TT@M and others that are potential big winners. Buy...then hold. But if you are concerned then I suspect that there will be a better buying opportunity around the middle of March for the cryptos.
I am simply staying honest and by posting this, keeping myself honest.
Peace
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