Hey guys. Bitcoin futures are supposed to come out soon. We just saw the market go nuts with BTC inching real close to $20k. (And blowing past it on Korean exchanges) *These are just my personal opinions and are not investment advice. I’ve moved a 3rd of my portfolio into FIAT. ICO markets are facing some cold winds ahead when BTC and ETH skyrocket like this. Investors want to Hodl instead of risk money into Tokens. None of the Major exchanges are listing new tokens for a while until some clarity from regulators come. I’ll be looking at opportunities to get into some of the bigger projects. Zcash, etc I’m still hodl EOS. I’m still hodl Stellar Lumens. Had a chance to meet Jed, their CEO recently. Felt like he has the team to challenge Ripple. I’ll be investing in very select ICO’s if/when I feel like the team/project is solid and I have enough of a discount to offset potential downfalls. One idea worth considering is when ETH hits super high, people like to transfer into ICO’s. That way when ETH drops, the likelihood that that token price : ETH Ratio works in your favor goes up. Major funds like blocktower and metastable have told me they’ve moved some funds into FIAT as well in anticipation of BTC drops. Some other funds just hedge against by moving into BCH (Bitcoin Cash) a bit too risky for me personally. Good luck! #crypto #blockchain
Hey block$$$ , thanks for the post. I gave into FOMO few days back and bought some BTC. Was expecting this to rise even more after futures begin. However, some say a big short might be coming up. Let’s see... few questions. 1. I know it’s hard to predict but what’s your personal opinion on where BTC is going after futures begin? 2. What’s the best way to get into the ICO game for a beginner (not to crypto but to ICOs). Any recommendations for meet ups in the Bay Area?
The short is already happening. Wake up! Don't get Burned
Why fiat?
Cause you can buy stuff with it
When market crashes, you can buy in.
Thoughts on pure fiat vs usdt?
I’d go fiat. USDT + Tether is sketch.
^ definitely. Anything tying itself directly to usd and managing price changes it's kind of loopy. Leave alone the fact that if usdt ever got too big and utilized, the fed wouldn't stand by quietly to say the least.
Also HODL here with EOS (because, Larimer), but do you see another potential bull trap with BTC or it even nearing 20k in the short term again?
You're delusional. You need help.
Stellar Lumens has advisors from Stripe and positions itself as a non-profit focused on accessibility for poor people around the world. That tells me that "profitability" is always secondary for them. It's also run by Jed who founded MtGox and has a stink on him. How is it going to challenge Ripple when they're targeting different goals but with overlapping problem spaces (payment remittances etc.)?
So ETH sell?
Stop. Spreading. Bullshit. For the love of God. People are going to get hurt! What part of that do you not understand? Flag this post and all other nonsense OP puts up.
What exactly are you referring to as “bullshit” here and how are people going to get hurt. I’m genuinely asking btw. Are you just anti crypto in general or is there something specific OP said that’s triggering you? I’m not in on crypto so I don’t care either way but I’m curious about various opinions on it.
OP started an AMA a couple days back on how he supposedly manages a multimillion crypto fund. Some people who read that are actively asking him for advice on blind. (Terrible idea to seek financial advice from anyone on Blind) BTC is already crashing. Though supporters would probably dismiss it as a 'correction'. Everyone that bought in in the past couple days are slowly developing ulcers rn. I think block chain is interesting. Opinions on BTC altcoin. Decentralized Ponzi scheme. Also, Investing and cryptocurrency should never belong in the same sentence. Thin about it. Would you invest in USD? JPY? EUR? What makes BTC different that anyone would `invest`. That plus a whole host of issues.
Futures will put meaningful pricing pressure to reduce volatility and introduce real short-squeeze effects. The wild west is coming to an end for btc.
Thanks for your perspective, are you still long QASH per your last post?
Tech Industry
Yesterday
223
Why some people are more successful than the other?
Tech Industry
Yesterday
690
The new Tesla Model 3 P goes from 0-60 in 2.9 seconds
India
Yesterday
600
How to save India from destruction?
Tech Industry
Yesterday
1949
TESLA UP 14% AFTER HOURS 🎉🎉🎉🎉
Tech Industry
Yesterday
2335
ByteDance is officially fucked
Can everybody flag this @Heewah
Flag the tulips?