Get Ready for a Bumpy Ride.
The next few weeks or months are going to be quite exciting for all of us crypto fans. This slow down in Bitcoin has made all of us who hold shitcoins much wealthier over the last week. Just remember that the pendulum always swings back the other way.
How to Play the Bitcoin Volatility.
1. You can just Hodl Bitcoin.- You will receive all of the hardfork coins that are coming.
2. Hodl Alternative Coins and Tokens.- Much more speculative, but the possibility of huge gains can't be understated.
3. Trade Bitcoin with Leverage.- You can do very well but it is the most dangerous way to trade.
4. Trade Alternative Coins.- If you have the patience to read charts, follow the news and social media you have the opportunity to hit home runs regularly.
5. Buy into High Quality ICO's and Tokensales.- This is highly speculative but the returns can be huge if you do your research.
What I am Doing with My Crypto.
I am now only doing 1,2,5. My days of trading with leverage are over. Our business has grown so much that I no longer have the time or patience to trade full time. I love buying into ICO's. The difficult part is finding the high quality ICO's. Thank goodness my team helps me figure that out.
Hodling is something I am not used to doing but it sure feels good. The change of heart happened while I was at Steemfest in Lisbon. @LukeStokes and @TobyDaniel2 the guys convinced me that being a Hodler can really pay off. I have literally not traded with leverage since I returned from Europe. I do trade alternative coins based on news still but that type of trading does not take over my life.
Thank you Guys!
