Wondering what to do with your bits?
Elvis Trout
I've traded bitcoins for the last 3 years.
Current outlook is short term down, but long term up.
We are in a corrective phase of a 'bull run' (uptrend).
Could go as low as $350 before we turn back up again.
https://www.tradingview.com/x/9nOvK3bN/
Can post more detailed analysis if anyone wants.
Disclaimer: This article is not an invitation to buy, sell or do anything, trade at your own risk, your happiness can go up as well as down.
xoxo
Elvis
Comments
Bitcoins are weird :/ it's like that extra currency no one wants and is super inflated
extra currency no one wants? Give them to me then, Coins are mined and lots of people want them!
could say the same about the Euro haha. Bitcoin is an innovative technology. It's not just a currency, it's also a trustless distributed ledger.
I knew I should have invested in them when they first come out.
So what should i do with my bits?
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either sell them if you receive them before we drop and re-purchase later, or hold onto them until we reach $600 dollar or so
I just play with my bits