Lately I have been so busy stockpiling Bitcoin, EOS, Steem Dollars, & IOTA that I totally neglected my Crypto stock picking duties for the last few months.
Don't get me wrong, this year has been a great year for me and Bitcoin Stocks! I have been making money all year with GBTC, but the more gains I grew, the more my GBTC tunnel vision grew deeper. Luckily for me I had a friend @ilovewailuku snap me out of my hypnosis after she told me about her crypto company stock investment making her 1000's of percent! Before she could tell me any more it was like a light bulb went off in my head, I immediately looked up thecryptocompany and found the ticker CRCW, The Crypto Company, it was up over 100%, so I bought 5 at $480.
Even though I bought on the spike last Friday, it was still up big this morning, so I picked up another 7 more! I thanked @ilovewailuku for the tip, and to my surprise she gave me a few more, RIOT, MGTI, & BTSC! I got to work, picked up 100 RIOT in after hour trading, however I will have to wait to get the other two OTC stocks when the market opens.
Bitcoin Fibonacci Analysis
Bitcoin just bounced hard off the fibonacci 50% high probability buy zone around $13,000, so I think we are going up to the next target, over $20,000! Actually I think Bitcoin is going to surpass the Dow Jones Industrial Average very soon, which will bring a lot of attention boosting us up over $30,000!
I believe Bitcoin bounced off 13,000 and is back off to the races. I would however like to include a larger time frame fibonacci to get an idea of the risk involved in the short term with Bitcoin. If we did have a correction and the $13,000's don't hold, we could go all the way down to $9475, but that is not anything to worry about now.
Portfolio Update:
What I have learned from Bitcoin and the other digital currencies is that it is never too late to start making money with them. When I tell people about Bitcoin one of the first things I usually hear is " I missed it" " It's too late" & " That ship has sailed" but I know that attitude does not work in crypto land, the attitude that works is the opposite one, when you hear of a crypto currency or crypto stock going up, it is most likely time to jump on board because the ship is sailing!