Good evening, Steemians!

Bitcoin has been down a little bit in the past few days, but don’t fret. Many people on TradingView are saying that this is totally a normal pullback before re-testing the $19,000-20,000 high we had recently. I agree with this. Bitcoin has a bit of news today, as the SEC ruled out ETF proposals. I’m actually super glad they did this, because it would’ve just added another piece of manipulation to the market (like we’re seeing in the precious metals).

Here is my current portfolio. Call me crazy, conservative, risky, but I think holding on to BTC long term will be a ticket to the moon

As you can see, I’ve dumped a lot of my altcoins which have 2-3xed at least. I don’t want to get too crazy and hold on to watch them die.

BTC-USDT chart

Notice how we’re still trending upward although we’re in a small dip. This, to me signifies a larger bull-trend. We haven’t tested recent lows and as long as we stay above about $13,000, we should continue to make higher highs and lower lows.

People will naturally want to take profits in BTC as their altcoins can buy them more and more. What is your strategy? Are you a long term BTC Holdler or are you playing the market? I don’t want to play too much because I’m afraid of getting burned.

Thanks for stopping by!