skyrocket to the moon with all the bitfinex tether and hype story what´s going on right now, but chrismas is also coming so probably some people cash out ther profits and maybe we see it continuing till there and than slowly retrace down
GoldenRatioTA
⋅
I expect a slow and steady pull-back equal to or bigger than 40% between January and May...
BLUE43
⋅
@MRZSKV, maybe a consolisation going between some levels
GoldenRatioTA
⋅
@BLUE43, Agree. Still, a lot of people getting into this market right now are going to cry in a couple of months, I'm afraid. As far as I am concerned I'm taking profits (in bits) and will stay in fiat until I see what can really be properly considered a buy level.
xSnorlax
⋅
@MRZSKV, i've sold all my btc, was thinking that it's going to be a pull back till 8k, you guys expecting lower?
GoldenRatioTA
⋅
@titanlyy, I'm expecting a top in the 12K area followed by a slow and steady decline to the 4-5K area to happen between January and May
xSnorlax
⋅
@MRZSKV, thank you for sharing. =] i appreciate it, thanks!
Any thoughts on the alts market in general? i'm just holding USDT right now, and wondering where to find a new home for them. feels like a BTC crash can happen anytime and bring alts down again. that's when i'll likely make the purchase, any thoughts?
GoldenRatioTA
⋅
@titanlyy, Personally I am not too keen on using the word "crash" or "bubble", I'd rather say "correction" or "pull-back". Having said that, I think only "quality altcoins" will survive. I'd need a crystal ball to tell you exactly which ones will. My more or less educated guess is that "alternative currencies" such as DASH, LTC, BCH and XMR as well as "utility tokens" such as ETH, NEO and XEM do stand a chance of not going down the drain - which doesn't mean that they won't lose some value, let's be clear about this. I'm keeping a small portion of my BTC just for occasionally trading alts and I'm also keeping portions of my bags of the aforementioned currencies and tokens. For the rest I'm going back to fiat - don't trust keeping too much in USDT for too long.
xSnorlax
⋅
@MRZSKV, i am also really uncomfortable with keeping USDT. thank you MRZSKV, i'm grateful for your insights. have a pleasant day ahead =] Good trades to you