Bitcoin, Ethereum, Litecoin and cryptocurrencies as a whole have corrected significantly today. Meanwhile, Vertcoin spiked on news of confirmed atomic swap with Litecoin. I sold my Bitcoin / Ethereum / Litecoin major holdings yesterday due to what I perceived to be market manipulation and inadequate pricing in of uncertainty. The question is whether or not I am getting back in yet? The short answer is no. However, I will be putting in a limit order for Litecoin because it is still my favorite among the major cryptocurrencies that can be directly bought with fiat. In addition, I will continue to hold Vertcoin rather than trade it as I see it as significantly undervalued still.
How will you all be trading the price action we’re seeing today? Buy the dip? Wait longer? Let me know in the comments and I will be happy to respond as always.
If you want to support me and my content, consider following me on these other platforms:
Seeking Alpha: https://seekingalpha.com/author/truth-investor/articles