I predicted Bitcoin to $7500, so why not buy at $7500? I got a wave of stake coming to Coinbase. Gonna follow through with my Litecoin Swing trade. I'll be buying all Litecoin with the intent of trading it into something else December or January, depending on the market. Probably get more Steem or swing trade it again using a stablecoin during the correction.
If Bitcoin is any indication, halving events take a full year to bubble, so it's possible that Litecoin doesn't fully bubble until Summer 2020. Although I expect there to be many corrections along the way.
I hope I'm right :D
I'm willing to wait much of October for Bitcoin to fall to $7500. If we get to November and I haven't bought in yet I'll bite the bullet and just buy in there.
With Steem priced this low and the market so easily movable, I can imagine an SMT hype pump and dump coming around our way. However, since SMTs are an insanely delayed product that no one expects to come to market, the timelines might be off a bit.
The last time SBD was priced this low, Steem went 2.5x during the next three months. Three months from now puts us in the middle of a potential winter bull market. We might see some fireworks.
I hope I don't get a lump of coal.