RE: Nothing influences crypto like news — Steemit

You are viewing a single comment's thread from:

RE: Nothing influences crypto like news

View the full context

jingis (41)in #crypto • 7 years ago

Hi, got a few questions:

When the distribution time starts, when do you exactly decide to sell? How do you know lets say after 100% uptrend that it will continue? Or are you selling some part on the way up?
Are you a pure trader? Or are you invested in a few longterm coins?
Where are you parking your money? Always in BTC or some in USDT?
thanks :)

7 years ago in #crypto by jingis (41)

Sort:

ryanpumper (31) 7 years ago (edited)

Lovely questions jingis.

I am preparing an in-depth article of what I used to teach in the ELITE coachings about the distribution zone.
All plays are long-term plays. I will prepare an article on what long-term should be understood to represent (coming days!)
The goal of the game is always to increase your BTC holdings. BTC is the center medium of exchange from crypto to fiat and it will remain that for a good time longer. Fiat for me is a utility of living today ;-).
Crypto takes care that this utility remains liquid. Even though these days it feels like the Hoover dam broke and I was left in the valley. But I assure you as I did 2 years ago that dam that broke in the last half year is just the small dam in front of a much bigger one that is about to crack in a few years and it will make the recent frenzy look like childs-play.

jingis (41) 7 years ago

Thanks for the answer, I'm looking forward to your next posts!