Hey dude! I've been following all of your recent posts, in light of the general upward move in BTC. Had to allocate my limited time/energy to other projects while BTC was stangnant, but you're analysis is very helpful, as always. I just sold 0.025 BTC for ~ 700 Steem (as I bought into BTC at around the $200-$400 range, and so I believe that getting some BTC gains off of Coinbase and into my Steem wallet can be put to more ACTIVE use. I am also then doing monthly buys of Doge with Steem, as my research is showing that DOGE will have a STEADY increase in the long-term, and since it is so cheap (like $0.003) I think it is the MOST feasible coin for dollar cost averaging. I bought like 600 Steem at rock bottom ($0.32-$0.34) around four months ago, and then sold some for DOGE when it shot up to around $0.45 - $0.50. Another option is Tron, at around $0.03 for diversifying with Steem profits. With all of the Steem dApps, and accompanying airdrops I believe Steem is (and will CONTINUE to be) a good long term investment, as there are a growing number of ways to further leverage Steem (ex. SteemMonsters, DrugWars, SteemHunt, interest on Steem Power, etc.). Any thought on this strategy? Keep up the good work...
RE: Bitcoin Drops! Bear Trap? Start of a Larger Correction?